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Robinhood Markets (STU:7KY) Total Current Liabilities : €35,984 Mil (As of Mar. 2024)


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What is Robinhood Markets Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. Robinhood Markets's total current liabilities for the quarter that ended in Mar. 2024 was €35,984

Robinhood Markets Total Current Liabilities Historical Data

The historical data trend for Robinhood Markets'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.

Robinhood Markets Total Current Liabilities Chart

Robinhood Markets Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Total Current Liabilities
2,791.24 7,246.79 10,927.10 15,342.83 23,424.77

Robinhood Markets Quarterly Data
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 19,256.28 19,711.59 18,410.18 23,424.77 35,983.96

Robinhood Markets Total Current Liabilities Calculation

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

Robinhood Markets'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
=5026.077+3252.599
+Other Current Liabilities+Current Deferred Liabilities
=15146.089+0
=23,425

Robinhood Markets'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
=5911+3877.8
+Other Current Liabilities+Current Deferred Liabilities
=26195.16+0
=35,984

* 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

Robinhood Markets Total Current Liabilities Related Terms

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Robinhood Markets (STU:7KY) Business Description

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GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Robinhood Markets Inc (STU:7KY) » Definitions » Total Current Liabilities
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Traded in Other Exchanges
HOOD:USA HOOD:Mexico 7KY:Germany
Address
85 Willow Road, Menlo Park, CA, USA, 94025
Website
https://www.robinhood.com
Robinhood Markets Inc is creating a modern financial services platform. It designs its own products and services and delivers them through a single, app-based cloud platform supported by proprietary technology. Its vertically integrated platform has enabled the introduction of new products and services such as cryptocurrency trading, dividend reinvestment, fractional shares, recurring investments, and IPO Access. It earns transaction-based revenues from routing user orders for options, equities, and cryptocurrencies to market makers when a routed order is executed.

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