IGOT (Fomo Worldwide) Total Liabilities: $4.36 Mil (As of Mar. 2024)


What is Fomo Worldwide Total Liabilities?

Fomo Worldwide IGOT Total Liabilities is $4.36 Mil as of Mar. 2024.

Fomo Worldwide's Total Liabilities for the quarter that ended in Mar. 2024 was $4.36 Mil.

Fomo Worldwide's quarterly Total Liabilities declined from Sep. 2023 ($4.77 Mil) to Dec. 2023 ($4.30 Mil) but then increased from Dec. 2023 ($4.30 Mil) to Mar. 2024 ($4.36 Mil).

Fomo Worldwide's annual Total Liabilities increased from Dec. 2021 ($1.27 Mil) to Dec. 2022 ($6.16 Mil) but then declined from Dec. 2022 ($6.16 Mil) to Dec. 2023 ($4.30 Mil).

Fomo Worldwide Total Liabilities Historical Data

* Premium members only.

The historical data trend for Fomo Worldwide's Total Liabilities can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Fomo Worldwide Total Liabilities Chart

Fomo Worldwide Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Liabilities
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.43 1.17 1.27 6.16 4.30

Fomo Worldwide Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Total Liabilities Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 9.38 5.40 4.77 4.30 4.36

Fomo Worldwide Total Liabilities Calculation

Total Liabilities are the liabilities that the company has to pay others. It is a part of the balance sheet of a company that shareholders do not own, and would be obligated to pay back if the company liquidated.

Fomo Worldwide's Total Liabilities for the fiscal year that ended in Dec. 2023 is calculated as

Total Liabilities=Total Current Liabilities+Total Noncurrent Liabilities
=Total Current Liabilities+(Long-Term Debt & Capital Lease Obligation+Other Long-Term Liabilities
=4.182+(0.116+0.00099999999999999
+NonCurrent Deferred Liabilities+PensionAndRetirementBenefit+NonCurrent Deferred Income Tax)
+0+0+0)
=4.30

Total Liabilities=Total Assets (A: Dec. 2023 )-Total Equity (A: Dec. 2023 )
=1.178--3.12
=4.30

Fomo Worldwide's Total Liabilities for the quarter that ended in Mar. 2024 is calculated as

Total Liabilities=Total Current Liabilities+Total Noncurrent Liabilities
=Total Current Liabilities+(Long-Term Debt & Capital Lease Obligation+Other Long-Term Liabilities
=4.219+(0.141+2.7755575615629E-17
+NonCurrent Deferred Liabilities+PensionAndRetirementBenefit+NonCurrent Deferred Income Tax)
+0+0+0)
=4.36

Total Liabilities=Total Assets (Q: Mar. 2024 )-Total Equity (Q: Mar. 2024 )
=0.864--3.496
=4.36

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Total Liabilities →
What does a Total Liabilities of $4.36 Mil mean?
Fomo Worldwide (IGOT) has a Total Liabilities of $4.36 Mil as of Mar. 2024. The total amount of liabilities as recorded on a company's balance sheet. View historical data for Fomo Worldwide and its competitors.
Is Fomo Worldwide's Total Liabilities too high?
Fomo Worldwide's current Total Liabilities is $4.36 Mil.
How does Fomo Worldwide's Total Liabilities compare to TNRG and BLK?
Fomo Worldwide's Total Liabilities of $4.36 Mil can be compared against companies in the Asset Management industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Liabilities for an Asset Management company?
A good Total Liabilities depends on the Asset Management industry context. However, Total Liabilities should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Total Liabilities mean?
A high Total Liabilities can signal that a stock is expensive relative to its fundamentals. The total amount of liabilities as recorded on a company's balance sheet. View historical data for Fomo Worldwide and its competitors. Fomo Worldwide's current Total Liabilities is $4.36 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fomo Worldwide stock overvalued right now?
Fomo Worldwide (IGOT) has a current Total Liabilities of $4.36 Mil. The current Total Liabilities is $4.36 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Liabilities calculated?
Total Liabilities is calculated from a company's financial statements. For Fomo Worldwide (IGOT), the current Total Liabilities is $4.36 Mil as of Mar. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Fomo Worldwide Business Description

Address 625 Stanwix Street, Suite 2504, Pittsburgh, PA, USA, 15222
Fomo Worldwide Inc is focused on business incubation and acceleration. It invests in and advises emerging companies. The company is developing direct investment and affiliations, the majority- and minority-owned, as well as in joint venture formats that afford emerging companies access to the public markets for expansion capital as well as spin-out options to become their own stand-alone public companies.