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Maris Tech (Maris Tech) Total Current Liabilities : $3.06 Mil (As of Dec. 2023)


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What is Maris Tech Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. Maris Tech's total current liabilities for the quarter that ended in Dec. 2023 was $3.06

Maris Tech Total Current Liabilities Historical Data

The historical data trend for Maris Tech'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.

Maris Tech Total Current Liabilities Chart

Maris Tech Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Total Current Liabilities
2.02 1.26 1.96 1.81 3.06

Maris Tech Semi-Annual Data
Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Total Current Liabilities Get a 7-Day Free Trial Premium Member Only 1.96 1.11 1.81 1.80 3.06

Maris Tech Total Current Liabilities Calculation

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

Maris Tech'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
=1.424+0.627
+Other Current Liabilities+Current Deferred Liabilities
=1.007+0
=3.06

Maris Tech'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
=1.424+0.627
+Other Current Liabilities+Current Deferred Liabilities
=1.007+0
=3.06

* 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

Maris Tech Total Current Liabilities Related Terms

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Maris Tech (Maris Tech) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Maris Tech Ltd (NAS:MTEK) » Definitions » Total Current Liabilities
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TNLX OST IMTE TMPO SGMA NEON IEHC INRD LGL MPAD APH TPE:2317 TEL TSE:6981 SZSE:002475 TPE:2308 GLW XKRX:006400 SZSE:000725 JBL
Traded in Other Exchanges
N/A
Address
2 Yitzhak Modai Street, Rehovot, ISR, 7608804
Website
https://www.maris-tech.com
Maris Tech Ltd is a provider of remote video, audio, telemetry acquisition, distribution and sharing solutions and products, using high-end digital video, audio and wireless communication technologies. It designs, develops, manufactures and commercially sells miniature intelligent video and audio surveillance and communication systems, which are offered as products and solutions for the professional as well as the civilian and home security markets.