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Stagwell (Stagwell) Total Current Liabilities : $1,334 Mil (As of Mar. 2024)


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What is Stagwell Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. Stagwell's total current liabilities for the quarter that ended in Mar. 2024 was $1,334


Stagwell Total Current Liabilities Historical Data

The historical data trend for Stagwell'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.

Stagwell Total Current Liabilities Chart

Stagwell Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Total Current Liabilities
349.21 336.96 1,294.18 1,370.20 1,374.33

Stagwell Quarterly Data
Dec19 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 1,250.19 1,186.33 1,204.20 1,374.33 1,333.91

Stagwell Total Current Liabilities Calculation

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

Stagwell'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
=939.803+65.899
+Other Current Liabilities+Current Deferred Liabilities
=0+368.627
=1,374

Stagwell'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
=902.479+64.039
+Other Current Liabilities+Current Deferred Liabilities
=0+367.391
=1,334

* 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


Stagwell Total Current Liabilities Related Terms

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Stagwell (Stagwell) Business Description

Traded in Other Exchanges
Address
One World Trade Center, Floor 65, New York, NY, USA, 10007
Stagwell Inc is the challenger holding company built to transform marketing. It delivers scaled creative performance for the world's most ambitious brands, connecting culture-moving creativity with leading-edge technology to harmonize the art and science of marketing. The company's segments include Integrated Agencies Network; Brand Performance Network; Communications Network and other. It generates maximum revenue from the Integrated Agencies Network segment. Geographically, it derives a majority of its revenue from the United States.
Executives
Peter Mcelligott officer: General Counsel ONE WORLD TRADE CENTER, FLOOR 65, NEW YORK NY 10007
Jay Leveton officer: President 1808 EYE STREET, NW, EIGHTH FLOOR, C/O STAGWELL INC., WASHINGTON DC DC 20006
Vincenzo Dimaggio officer: SVP, Chief Accounting Officer 330 HUDSON STREET, 10TH FLOOR, NEW YORK NY 10013
Alpinvest Partners B.v. 10 percent owner JACHTHAVENWEG 118, AMSTERDAM P7 1081 KJ
Alpinvest Ga Secondary C.v. 10 percent owner C/O ALPINVEST PARTNERS B.V., JACHTHAVENWEG 118, AMSTERDAM P7 1081 KJ
Aj Secondary C.v. 10 percent owner C/O ALPINVEST PARTNERS B.V., JACHTHAVENWEG 118, AMSTERDAM P7 1081 KJ
Alpinvest Partners Us Secondary Investments 2016 I C.v. 10 percent owner C/O ALPINVEST PARTNERS B.V., JACHTHAVENWEG 118, AMSTERDAM P7 1081 KJ
Alpinvest Pep Secondary 2017 C.v. 10 percent owner C/O ALPINVEST PARTNERS B.V., JACHTHAVENWEG 118, AMSTERDAM P7 1081 KJ
Alpinvest Secondaries Fund Vi C.v. 10 percent owner C/O ALPINVEST PARTNERS B.V., JACHTHAVENWEG 118, AMSTERDAM P7 1081 KJ
Alpinvest Secondaries Fund (euro) Vi C.v. 10 percent owner C/O ALPINVEST PARTNERS B.V., JACHTHAVENWEG 118, AMSTERDAM P7 1081 KJ
Ag Secondary C.v. 10 percent owner C/O ALPINVEST PARTNERS B.V., JACHTHAVENWEG 118, AMSTERDAM P7 1081 KJ
Ap Fondo Secondaries Ii C.v. 10 percent owner C/O ALPINVEST PARTNERS B.V., JACHTHAVENWEG 118, AMSTERDAM P7 1081 KJ
Ggg Us Secondary 2017 C.v. 10 percent owner C/O ALPINVEST PARTNERS B.V., JACHTHAVENWEG 118, AMSTERDAM P7 1081 KJ
Apss Secondary C.v. 10 percent owner C/O ALPINVEST PARTNERS B.V., JACHTHAVENWEG 118, AMSTERDAM P7 1081 KJ
Goldman Sachs Group Inc 10 percent owner 200 WEST STREET, NEW YORK NY 10282