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Eightco Holdings (Eightco Holdings) Total Current Liabilities : $39.44 Mil (As of Dec. 2023)


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What is Eightco Holdings Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. Eightco Holdings's total current liabilities for the quarter that ended in Dec. 2023 was $39.44

Eightco Holdings Total Current Liabilities Historical Data

The historical data trend for Eightco Holdings'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.

Eightco Holdings Total Current Liabilities Chart

Eightco Holdings Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Total Current Liabilities
- 7.51 13.92 39.44

Eightco Holdings Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Total Current Liabilities Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 13.92 16.34 20.93 25.99 39.44

Eightco Holdings Total Current Liabilities Calculation

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

Eightco Holdings'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
=16.324+22.762
+Other Current Liabilities+Current Deferred Liabilities
=0.358+0
=39.44

Eightco Holdings'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
=16.324+22.762
+Other Current Liabilities+Current Deferred Liabilities
=0.358+0
=39.44

* 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

Eightco Holdings Total Current Liabilities Related Terms

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Eightco Holdings (Eightco Holdings) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Eightco Holdings Inc (NAS:OCTO) » Definitions » Total Current Liabilities
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Traded in Other Exchanges
N/A
Address
200 9th Avenue North, Suite 220, Safety Harbor, FL, USA, 34695
Website
https://www.8co.holdings
Eightco Holdings Inc is committed to growth focused around its existing subsidiaries, Forever 8, an inventory management platform for e-commerce sellers, and Ferguson Containers, a provider of complete manufacturing and logistical solutions for product and packaging needs, through strategic management and investment. In addition, the company is actively seeking new opportunities to add to its portfolio of technology solutions focused on the e-commerce ecosystem through strategic acquisitions.
Executives
Brian Mcfadden director, officer: President and CEO 855 BAYWAY BLVD, CLEARWATER BEACH FL 33767
Louis Foreman director 520 ELLIOT STREET, CHARLOTTE NC 28202
Frank D Jennings director 1739 SAILMAKER STREET, CHARLESTON SC 29492
Vroman Brett Earl James officer: Chief Financial Officer C/O EDISON NATION, INC., 909 NEW BRUNSWICK AVENUE, PHILLIPSBURG NJ 08865
Kevin J O'donnell director, officer: Chairman 91 OAKLEIGH LANE, MAITLAND FL 32751
Vinco Ventures, Inc. 10 percent owner C/O INCORP SERVICES, 3773 HOWARD HUGHES PKWY. STE 500S, LAS VEGAS NV 89169
Mary Ann Halford director 12 BRIARBROOK DRIVE, BRIARCLIFF MANOR NY 10510