Converge Technology Solutions (TSX:CTS) Total Liabilities : C$1,828 Mil (As of Dec. 2024)

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What is Converge Technology Solutions Total Liabilities?

Converge Technology Solutions's Total Liabilities for the quarter that ended in Dec. 2024 was C$1,828 Mil.

Converge Technology Solutions's quarterly Total Liabilities declined from Jun. 2024 (C$1,680.94 Mil) to Sep. 2024 (C$1,656.37 Mil) but then increased from Sep. 2024 (C$1,656.37 Mil) to Dec. 2024 (C$1,827.53 Mil).

Converge Technology Solutions's annual Total Liabilities declined from Dec. 2022 (C$1,618.07 Mil) to Dec. 2023 (C$1,541.21 Mil) but then increased from Dec. 2023 (C$1,541.21 Mil) to Dec. 2024 (C$1,827.53 Mil).

Converge Technology Solutions Total Liabilities Historical Data

The historical data trend for Converge Technology Solutions'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.

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Converge Technology Solutions Total Liabilities Chart

Converge Technology Solutions Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Total Liabilities

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618.87

720.01

1,618.07

1,541.21

1,827.53

Converge Technology Solutions Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Total Liabilities	Get a 7-Day Free Trial															1,541.21	1,567.63	1,680.94	1,656.37	1,827.53

Converge Technology Solutions 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.

Converge Technology Solutions's Total Liabilities for the fiscal year that ended in Dec. 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
	=	1324.573	+	(255.464	+	218.688
	+	NonCurrent Deferred Liabilities	+	PensionAndRetirementBenefit	+	NonCurrent Deferred Income Tax)
	+	28.804	+	0	+	0)
	=	1,828

Total Liabilities	=	Total Assets (A: Dec. 2024 )	-	Total Equity (A: Dec. 2024 )
	=	2186.264	-	358.735
	=	1,828

Converge Technology Solutions's Total Liabilities for the quarter that ended in Dec. 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
	=	1324.573	+	(255.464	+	218.688
	+	NonCurrent Deferred Liabilities	+	PensionAndRetirementBenefit	+	NonCurrent Deferred Income Tax)
	+	28.804	+	0	+	0)
	=	1,828

Total Liabilities	=	Total Assets (Q: Dec. 2024 )	-	Total Equity (Q: Dec. 2024 )
	=	2186.264	-	358.735
	=	1,828

Converge Technology Solutions Total Liabilities Related Terms

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Converge Technology Solutions Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Converge Technology Solutions Corp (TSX:CTS) » Definitions » Total Liabilities

Comparable Companies

Traded in Other Exchanges

CTSDF:USA 0ZB:Germany

Address

161 Bay Street, Suite 2325, Toronto, ON, CAN, M5J 2S1

Website

https://www.convergetp.com

Converge Technology Solutions Corp is a Canadian company building a platform of regionally focused Hybrid IT infrastructure providers that deliver breed solutions and services in the United States. The solutions provided include multi-cloud solutions, the blockchain, resiliency, and managed services, enabling the company to address the business and IT issues that public and private-sector organizations face. It has three operating segments: North America, Germany, and UK.

Executives

Greg Berard	Senior Officer
John Teltsch	Senior Officer
Avjit Kamboj	Senior Officer
Toni Rinow	Director
Cory Reid	Senior Officer
Brian Arthur Phillips	Director
Shaun Maine	Director, Senior Officer
Thomas Volk	Director
Darlene Kelly	Director
Donald Lawrence Cuthbertson	Senior Officer
Richard Lecoutre	Senior Officer
Winton Smith	Senior Officer
Carl Gilbert Smith	Senior Officer
Gordon Mcmillan	10% Security Holder, Director
Ralph Garcea	Director