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WeWork (FRA:9WEA) Total Current Liabilities : €5,001 Mil (As of Sep. 2023)


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What is WeWork Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. WeWork's total current liabilities for the quarter that ended in Sep. 2023 was €5,001

WeWork Total Current Liabilities Historical Data

The historical data trend for WeWork'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.

WeWork Total Current Liabilities Chart

WeWork Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22
Total Current Liabilities
- 2,778.78 1,799.58 1,887.71 2,105.12

WeWork Quarterly Data
Dec18 Dec19 Jun20 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 Premium Member Only 2,114.94 2,105.12 2,124.85 2,020.45 5,000.77

WeWork Total Current Liabilities Calculation

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

WeWork'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
=539.024+904.352
+Other Current Liabilities+Current Deferred Liabilities
=519.2+142.544
=2,105

WeWork'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
=531.279+3879.18
+Other Current Liabilities+Current Deferred Liabilities
=501.295+89.015
=5,001

* 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

WeWork Total Current Liabilities Related Terms

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WeWork (FRA:9WEA) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » WeWork Inc (FRA:9WEA) » Definitions » Total Current Liabilities
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CPTP LODE FTHM RFL FLJ OMH MAYS ASPS BRST NYC CSGP CBRE XMAD:CLNX BEKE TSE:8830 HKSE:01972 SGX:9CI OSTO:AKEL D HKSE:01997 MIL:INW
Traded in Other Exchanges
WEWKQ:USA
Address
75 Rockefeller Plaza, 10th floor, New York, NY, USA, 10019
Website
https://www.wework.com
WeWork Inc is a commercial real estate company that provides flexible workspaces for technology startups and services for other enterprises. It designs and builds physical and virtual shared spaces and office services for entrepreneurs and companies. The company's revenue categories are; Membership revenue consists of fees from members, net of discounts for the access to office space provided, and Service revenue consists of additional billings to members for the ancillary services provided through their memberships in excess of monthly allowances included in membership revenue, commissions earned by the Company on various services.

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