SMGI (SMG Industries) Total Liabilities: $61.12 Mil (As of Sep. 2023)


SMGI SMG Industries Inc SMGI
12 GF Score
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What is SMG Industries Total Liabilities?

SMG Industries SMGI 12 Total Liabilities is $61.12 Mil as of Sep. 2023. GuruFocus rates SMGI with a GF Score™ of 12/100.

SMG Industries's Total Liabilities for the quarter that ended in Sep. 2023 was $61.12 Mil.

SMG Industries's quarterly Total Liabilities increased from Mar. 2023 ($51.38 Mil) to Jun. 2023 ($51.85 Mil) and increased from Jun. 2023 ($51.85 Mil) to Sep. 2023 ($61.12 Mil).

SMG Industries's annual Total Liabilities increased from Dec. 2020 ($38.24 Mil) to Dec. 2021 ($45.38 Mil) and increased from Dec. 2021 ($45.38 Mil) to Dec. 2022 ($48.70 Mil).

SMG Industries Total Liabilities Historical Data

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The historical data trend for SMG Industries'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.

SMG Industries Total Liabilities Chart

SMG Industries Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Total Liabilities
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.62 7.35 38.24 45.38 48.70

SMG Industries Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 49.40 48.70 51.38 51.85 61.12
SMGI
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SMG Industries Inc SMGI
Total Liabilities is just one metric. See GF Score™, valuation, warning signs, and more.
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SMG Industries 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.

SMG Industries's Total Liabilities for the fiscal year that ended in Dec. 2022 is calculated as

Total Liabilities=Total Current Liabilities+Total Noncurrent Liabilities
=Total Current Liabilities+(Long-Term Debt & Capital Lease Obligation+Other Long-Term Liabilities
=34.818+(13.585+0.301
+NonCurrent Deferred Liabilities+PensionAndRetirementBenefit+NonCurrent Deferred Income Tax)
+0+0+0)
=48.70

Total Liabilities=Total Assets (A: Dec. 2022 )-Total Equity (A: Dec. 2022 )
=22.182--26.522
=48.70

SMG Industries's Total Liabilities for the quarter that ended in Sep. 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
=55.971+(4.794+0.355
+NonCurrent Deferred Liabilities+PensionAndRetirementBenefit+NonCurrent Deferred Income Tax)
+0+0+0)
=61.12

Total Liabilities=Total Assets (Q: Sep. 2023 )-Total Equity (Q: Sep. 2023 )
=76.126-15.006
=61.12

* 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 $61.12 Mil mean?
SMG Industries (SMGI) has a Total Liabilities of $61.12 Mil as of Sep. 2023. The total amount of liabilities as recorded on a company's balance sheet. View historical data for SMG Industries and its competitors.
Is SMG Industries' Total Liabilities too high?
SMG Industries' current Total Liabilities is $61.12 Mil. Overall, SMG Industries has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does SMG Industries' Total Liabilities compare to SND and PFIE?
SMG Industries' Total Liabilities of $61.12 Mil can be compared against companies in the Oil & Gas 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 Oil & Gas company?
A good Total Liabilities depends on the Oil & Gas 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 SMG Industries and its competitors. SMG Industries's current Total Liabilities is $61.12 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SMG Industries stock overvalued right now?
SMG Industries (SMGI) has a current Total Liabilities of $61.12 Mil. The current Total Liabilities is $61.12 Mil. SMG Industries' overall GF Score™ is 12/100. 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 SMG Industries (SMGI), the current Total Liabilities is $61.12 Mil as of Sep. 2023. 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.

SMG Industries Business Description

Industry EnergyOil & Gas
Address State Highway 249, Suite 450, Houston, TX, USA, 77070
SMG Industries Inc is an oilfield service company that is a growth-oriented midstream, logistics, and oilfield services company that operates throughout the domestic Southwest United States. It offers an expanding suite of products and services across the oilfield market segments of drilling, completion, and production.
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