OppFi (OPFI) Total Current Liabilities : $51.5 Mil (As of Dec. 2023)

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What is OppFi Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. OppFi's total current liabilities for the quarter that ended in Dec. 2023 was $51.5

OppFi Total Current Liabilities Historical Data

The historical data trend for OppFi's Total Current 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.

* Premium members only.

OppFi Total Current Liabilities Chart

OppFi Annual Data

Trend Dec19 Dec20 Dec21 Dec22 Dec23

Total Current Liabilities

- 44.43 35.70 55.18 51.47

OppFi Quarterly Data

Dec19 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23

Total Current Liabilities Get a 7-Day Free Trial 55.18 20.58 26.83 25.47 51.47

OppFi Total Current Liabilities Calculation

Total Current Liabilities is the total amount of liabilities that the company needs to pay over the next 12 months.

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

Total Current Liabilities = Accounts Payable & Accrued Expense + Short-Term Debt & Capital Lease Obligation

= 51.473 + 0

+ Other Current Liabilities + Current Deferred Liabilities

= 0 + 0

= 51.5

OppFi's Total Current Liabilities for the quarter that ended in Dec. 2023 is calculated as

Total Current Liabilities = Accounts Payable & Accrued Expense + Short-Term Debt & Capital Lease Obligation

= 51.473 + 0

+ Other Current Liabilities + Current Deferred Liabilities

= 0 + 0

= 51.5

* 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.

The increase of Total Current Liabilities of a company is not necessarily a bad thing. This may conserve the company's cash and contribute positively to cash flow.

Total Current Liabilities is linked to Total Current Assets through the Current Ratio and Working Capital. The Current Ratio is equal to dividing total current assets by total current liabilities. It is frequently used as an indicator of a company's liquidity, its ability to meet short-term obligations. Net working capital is calculated as Total Current Assets minus Total Current Liabilities.

Be Aware

Stay away from companies that roll over the debt e.g. Bear Stearns

When investing in financial institutions, Buffett shies from those who are bigger borrowers of short term than long term debt.

His favorite Wells Fargo has 57 cents short term debt for every dollar of long term.

Aggressive banks (like Bank of America) has $2.09 short term for every dollar long term

OppFi Total Current Liabilities Related Terms
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OppFi (OPFI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » OppFi Inc (NYSE:OPFI) » Definitions » Total Current Liabilities

Comparable Companies

NICK CURO JT MCVT SPFX PT SEZL CAFI NISN COSG V MA AXP PYPL BOM:500034 COF TSE:8591 DFS XPAR:EDEN SYF

Traded in Other Exchanges

N/A

Address

130 East Randolph Street, Suite 3400, Chicago, IL, USA, 60601

Website

https://www.oppfi.com

OppFi Inc is a financial technology platform that powers banks to help the everyday consumer gain access to credit with digital specialty finance products.

Executives

Christopher J. Mckay officer: Chief Risk & Analytics Officer 130 E. RANDOLPH STREET, SUITE 3300, CHICAGO IL 60601

Pamela D. Johnson officer: Chief Accounting Officer 130 E. RANDOLPH STREET, SUITE 3300, CHICAGO IL 60601

Jocelyn Moore director 222 BERKELEY STREET, FLOOR 5, BOSTON MA 02116

Todd G. Schwartz director, 10 percent owner 105 S. MAPLE STREET, ITASCA IL 60143

Theodore G Schwartz director, 10 percent owner C/O APAC CUSTOMER SERVICES, INC., SIX PARKWAY NORTH, DEERFIELD IL 60015

David Vennettilli director 105 S. MAPLE STREET, ITASCA IL 60143

Blackstone Aqua Master Sub-fund, A Sub-fund Of Blackstone Global Master Fund Icav 10 percent owner 345 PARK AVENUE, 29TH FLOOR, NEW YORK NY 10154

Blackstone Inc. 10 percent owner 345 PARK AVENUE, NEW YORK NY 10154

Blackstone Alternative Solutions L.l.c. 10 percent owner C/O BLACKSTONE INC., 345 PARK AVE., NEW YORK NY 10154

Stephen A Schwarzman 10 percent owner C/O BLACKSTONE INC., 345 PARK AVE, NEW YORK NY 10154

Blackstone Group Management L.l.c. 10 percent owner C/O BLACKSTONE INC., 345 PARK AVENUE, NEW YORK NY 10154

Blackstone Holdings I/ii Gp L.l.c. 10 percent owner C/O BLACKSTONE INC., 345 PARK AVENUE, NEW YORK NY 10154

Blackstone Holdings I L.p. 10 percent owner C/O THE BLACKSTONE GROUP, 345 PARK AVENUE, NEW YORK NY 10154

Christina M Favilla director 400 RELLA BOULEVARD, MONTEBELLO NY 10901

Neville Crawley officer: President 130 E. RANDOLPH STREET, SUITE 3300, CHICAGO IL 60601

OppFi (OPFI) Headlines

From GuruFocus

OppFi Closes $150 Million Credit Facility
By Business Wire Business Wire • 12-20-2022

Is OppFi Inc Undervalued Following the Latest Insider Buy?
By GuruFocus Research GuruFocus Editor • 05-19-2023

OppFi Provides Business Update, Announces Participation in the ThinkEquity Conference, and Schedules Third Quarter 2022 Earnings Conference Call
By Business Wire Business Wire • 10-25-2022

OppFi's Lending Platform OppLoans Launches Same-Day Funding Service
By Business Wire Business Wire • 02-07-2023

SHAREHOLDER ALERT: Kaskela Law LLC Announces Investigation of OppFi Inc. and Encourages FGNA / OPFI Investors with Losses to Contact the Firm
By Stock market mentor Stock market mentor • 02-06-2023

OppFi to Participate in the 4th Annual Needham Virtual FinTech & Digital Transformation 1x1 Conference
By Business Wire Business Wire • 08-15-2022

OppFi Announces First Quarter 2023 Earnings Conference Call
By Business Wire Business Wire • 05-01-2023

OppFi Announces Second Quarter 2022 Earnings Conference Call
By Business Wire Business Wire • 08-04-2022

OppFi Announces Fourth Quarter and Full Year 2022 Earnings Conference Call
By Business Wire Business Wire • 03-20-2023

Could Insider Buying Signal that OppFi Inc Is Undervalued?
By GuruFocus Research GuruFocus Editor • 05-18-2023

OppFi Quarterly Data
	Dec19	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Total Current Liabilities	Get a 7-Day Free Trial										55.18	20.58	26.83	25.47	51.47

Total Current Liabilities	=	Accounts Payable & Accrued Expense	+	Short-Term Debt & Capital Lease Obligation
	=	51.473	+	0
	+	Other Current Liabilities	+	Current Deferred Liabilities
	=	0	+	0
	=	51.5

Christopher J. Mckay	officer: Chief Risk & Analytics Officer	130 E. RANDOLPH STREET, SUITE 3300, CHICAGO IL 60601
Pamela D. Johnson	officer: Chief Accounting Officer	130 E. RANDOLPH STREET, SUITE 3300, CHICAGO IL 60601
Jocelyn Moore	director	222 BERKELEY STREET, FLOOR 5, BOSTON MA 02116
Todd G. Schwartz	director, 10 percent owner	105 S. MAPLE STREET, ITASCA IL 60143
Theodore G Schwartz	director, 10 percent owner	C/O APAC CUSTOMER SERVICES, INC., SIX PARKWAY NORTH, DEERFIELD IL 60015
David Vennettilli	director	105 S. MAPLE STREET, ITASCA IL 60143
Blackstone Aqua Master Sub-fund, A Sub-fund Of Blackstone Global Master Fund Icav	10 percent owner	345 PARK AVENUE, 29TH FLOOR, NEW YORK NY 10154
Blackstone Inc.	10 percent owner	345 PARK AVENUE, NEW YORK NY 10154
Blackstone Alternative Solutions L.l.c.	10 percent owner	C/O BLACKSTONE INC., 345 PARK AVE., NEW YORK NY 10154
Stephen A Schwarzman	10 percent owner	C/O BLACKSTONE INC., 345 PARK AVE, NEW YORK NY 10154
Blackstone Group Management L.l.c.	10 percent owner	C/O BLACKSTONE INC., 345 PARK AVENUE, NEW YORK NY 10154
Blackstone Holdings I/ii Gp L.l.c.	10 percent owner	C/O BLACKSTONE INC., 345 PARK AVENUE, NEW YORK NY 10154
Blackstone Holdings I L.p.	10 percent owner	C/O THE BLACKSTONE GROUP, 345 PARK AVENUE, NEW YORK NY 10154
Christina M Favilla	director	400 RELLA BOULEVARD, MONTEBELLO NY 10901
Neville Crawley	officer: President	130 E. RANDOLPH STREET, SUITE 3300, CHICAGO IL 60601