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Lifetime Brands (Lifetime Brands) Total Current Liabilities : $123.0 Mil (As of Mar. 2024)


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What is Lifetime Brands Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. Lifetime Brands's total current liabilities for the quarter that ended in Mar. 2024 was $123.0

Lifetime Brands Total Current Liabilities Historical Data

The historical data trend for Lifetime Brands'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.

Lifetime Brands Total Current Liabilities Chart

Lifetime Brands Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Current Liabilities
Get a 7-Day Free Trial Premium Member Only Premium Member Only 107.31 180.07 214.30 129.91 151.97

Lifetime Brands Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 120.38 135.18 153.96 151.97 123.02

Lifetime Brands Total Current Liabilities Calculation

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

Lifetime Brands'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
=91.555+18.817
+Other Current Liabilities+Current Deferred Liabilities
=41.596+0
=152.0

Lifetime Brands's Total Current Liabilities for the quarter that ended in Mar. 2024 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=98.119+24.903
+Other Current Liabilities+Current Deferred Liabilities
=1.4210854715202E-14+0
=123.0

* 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

Lifetime Brands Total Current Liabilities Related Terms

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Lifetime Brands (Lifetime Brands) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Lifetime Brands Inc (NAS:LCUT) » Definitions » Total Current Liabilities
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Traded in Other Exchanges
LH1:Germany
Address
1000 Stewart Avenue, Garden City, NY, USA, 11530
Website
https://www.lifetimebrands.com
Lifetime Brands Inc is a U.S. based company that designs, sources, and sells branded kitchenware, tableware, and other products used in the home and markets its products under brands such as Farberware, KitchenAid, Cuisine de France, and others. The company markets and sells its products principally on a wholesale basis to retailers. It also markets and sells a limited selection of its products directly to consumers through its Pfaltzgraff, Mikasa, Fred, and Friends, Built NY, and Lifetime Sterling. Its products include kitchen tools, gadgets, cutlery, dinnerware, and glassware. The segments of the company are the U.S. and International. It derives a majority of the revenue from the U.S. segment which includes the domestic operations of the company's business.
Executives
Robert Bruce Kay director, officer: Chief Executive Officer 1000 STEWART AVENUE, GARDEN CITY NY 11530
Daniel Siegel officer: Executive Vice-President C/O LIFETIME BRANDS, INC., 1000 STEWART AVENUE, GARDEN CITY NY 11530
Craig Phillips director, officer: Executive Vice President LIFETIME BRANDS INC., 1000 STEWART AVENUE, GARDEN CITY NY 11530
Laurence Winoker officer: SVP Finance/CFO/Treasurer
Veronique Gabai-pinsky director C-O VERA WANG GROUP, 15 EAST 26TH STREET, NEW YORK NY 10010
Rachael Jarosh director 1000 STEWART AVENUE, GARDEN CITY NY 11530
Michael J Jeary director 8 BELKNAP LANE, RUMSON NJ 07760
Dennis E Reaves director C/O LIFETIME BRANDS, INC., 1000 STEWART AVENUE, GARDEN CITY NY 11530
Bruce G Pollack director 30 ROCKEFEELER PLAZA, SUITE 5050, NEW YORK NY 10020
Michael J Regan director 14 BRENNER PLACE, DEMAREST NJ 07627
Michael Schnabel director 1000 STEWART AVENUE, GARDEN CITY NY 11530
Centre Partners V, L.p. 10 percent owner 825 THIRD AVENUE, 40TH FLOOR, NEW YORK NY 10022
Centre Capital Investors V Lp 10 percent owner 825 THIRD AVENUE, 40TH FLOOR, New York NY 10022
Ronald Shittan director C/O LIFETIME BRANDS, INC., 1000 STEWART AVENUE, GARDEN CITY NY 11530
William U Westerfield director C/O LIFETIME BRANDS, INC., 1000 STEWART AVENUE, GARDEN CITY NY 11530