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Engagesmart (Engagesmart) Total Current Liabilities : $59.1 Mil (As of Sep. 2023)


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What is Engagesmart Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. Engagesmart's total current liabilities for the quarter that ended in Sep. 2023 was $59.1


Engagesmart Total Current Liabilities Historical Data

The historical data trend for Engagesmart'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.

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Engagesmart Total Current Liabilities Chart

Engagesmart Annual Data
Trend Dec19 Dec20 Dec21 Dec22
Total Current Liabilities
13.09 31.65 36.91 52.52

Engagesmart Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Total Current 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 46.76 52.52 47.96 50.90 59.12

Engagesmart Total Current Liabilities Calculation

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

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

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=16.322+4.632
+Other Current Liabilities+Current Deferred Liabilities
=23.33+8.237
=52.5

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

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=21.876+4.837
+Other Current Liabilities+Current Deferred Liabilities
=22.134+10.27
=59.1

* 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


Engagesmart Total Current Liabilities Related Terms

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Engagesmart (Engagesmart) Business Description

Industry
Traded in Other Exchanges
N/A
Address
30 Braintree Hill Office Park, Suite 101, Braintree, MA, USA, 02184
Engagesmart Inc is a provider of vertically tailored customer engagement software and integrated payments capabilities. It offers single instance, multi-tenant, true Software-as-a-Service vertical solutions that are designed to simplify customers' engagement with clients by driving digital adoption and self-service. Its operating segments include Enterprise Solutions and SMB Solution.
Executives
Kevin William O'brien officer: See Remarks C/O ENGAGESMART, LLC, 30 BRAINTREE HILL OFFICE PARK, SUITE 101, BRAINTREE MA 02184
Seltzer Jonathan Cole officer: President, SMB Solutions C/O ENGAGESMART, LLC, 30 BRAINTREE HILL OFFICE PARK, SUITE 101, BRAINTREE MA 02184
Patrick F Donovan officer: Chief Accounting Officer C/O ENGAGESMART, LLC, 30 BRAINTREE HILL OFFICE PARK, SUITE 101, BRAINTREE MA 02184
Robert Paul Bennett director, officer: Chief Executive Officer C/O ENGAGESMART, LLC, 30 BRAINTREE HILL OFFICE PARK, SUITE 101, BRAINTREE MA 02184
Cassandra Hudson officer: Chief Financial Officer C/O CARBONITE, INC., 2 AVENUE DE LAFAYETTE, BOSTON MA 02111
General Atlantic Partners (bermuda) Eu, L.p. 10 percent owner C/O GENERAL ATLANTIC SERVICE COMPANY LP, 55 EAST 52ND STREET, 33RD FLOOR, NEW YORK NY 10055
General Atlantic, L.p. director, 10 percent owner 55 EAST 52ND STREET, 33RD FLOOR, NEW YORK NY 10055
Summit Partners Growth Equity Fund Viii-a, L.p. 10 percent owner 222 BERKELEY STREET, 18TH FLOOR, BOSTON MA 02116
General Atlantic Genpar (bermuda), L.p. director, 10 percent owner C/O GENERAL ATLANTIC SERVICE COMPANY,LLC, 55 EAST 52ND ST. 32ND FLOOR, NEW YORK NY 10055
Scott C Collins 10 percent owner C/O SUMMIT PARTNERS, 222 BERKELEY ST 18TH FL, BOSTON MA 02116
General Atlantic Genpar, L.p. director, 10 percent owner 55 EAST 52ND STREET, 32ND FLOOR, NEW YORK NY 10055
Diego A Rodriguez director C/O ENGAGESMART, LLC, 30 BRAINTREE HILL OFFICE PARK, SUITE 101, BRAINTREE MA 02184
Scott N Semel officer: General Counsel
Summit Partners Entrepreneur Advisors Fund I, L.p. 10 percent owner 222 BERKELEY STREET, 18TH FLOOR, BOSTON MA 02116
Raphael Osnoss director C/O ALKAMI TECHNOLOGY, INC., 5601 GRANITE PARKWAY, SUITE 120, PLANO TX 75024