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VirTra (VirTra) Total Current Liabilities : $14.34 Mil (As of Mar. 2024)


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What is VirTra Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. VirTra's total current liabilities for the quarter that ended in Mar. 2024 was $14.34

VirTra Total Current Liabilities Historical Data

The historical data trend for VirTra'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.

VirTra Total Current Liabilities Chart

VirTra 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 4.36 7.26 7.56 9.76 15.76

VirTra 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 10.88 17.64 17.23 15.76 14.34

VirTra Total Current Liabilities Calculation

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

VirTra'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
=8.474+0.544
+Other Current Liabilities+Current Deferred Liabilities
=0.00099999999999945+6.736
=15.76

VirTra'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
=8.253+0.55
+Other Current Liabilities+Current Deferred Liabilities
=0+5.539
=14.34

* 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

VirTra Total Current Liabilities Related Terms

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VirTra (VirTra) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » VirTra Inc (NAS:VTSI) » Definitions » Total Current Liabilities
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Traded in Other Exchanges
0XQ:Germany
Address
295 E. Corporate Place, Chandler, AZ, USA, 85225
Website
https://www.virtra.com
VirTra Inc is a U.S.-based company that is engaged in the sale and development of the judgmental use of force training simulators and firearms training simulators for law enforcement, military and commercial uses. It sells simulators and related products across the globe through a direct sales force and international distribution partners. The services provided by the company includes installation, training, limited warranties, service agreements and related support. The company sells and supports use of force training and marksmanship firearms training systems and accessories for law enforcement, military or civilian use. The product line of the company includes simulators, upgrade components, scenarios, scenario software, recoil kits, Threat-Fire and other accessories.
Executives
Robert D Ferris director, officer: president 7970 S KYRENE RD, TEMPE AZ 85284
James P Mcdonnell director 295 E CORPORATE PLACE, CHANDLER AZ 85225
Givens John F. Ii director C/O VIRTRA, INC, 7970 S. KYRENE RD, TEMPE AZ 85284
Alanna Boudreau officer: Chief Financial Officer 295 E CORPORATE PLACE, CHANDLER AZ 85225
Gregg C Johnson director 6081 W PARK AVE, CHANDLER AZ 85226
Danielle Diaz officer: Chief Financial Officer 295 E. CORPORATE PLACE, CHANDLER AZ 85225
Marsha J. Foxx officer: Interim VP CAO C/O VIRTRA, INC., 7970 S.KYRENE RD., TEMPE AZ 85284
Jeffrey Dale Brown director 7970 S KYRENE RD, TEMPE, AZ 85284
Judy A Henry officer: CFO, Treasurer and Secretary 7970 S KYRENE RD.,, TEMPE AZ 85284
Mitchell A Saltz director 14500 NORTH NORTHSIGHT BLVD SUITE 116, SCOTTSDALE AZ 85260
Matthew D Burlend director, officer: Chief Operating Officer & VP 7970 S KYRENE RD, TEMPE AZ 85284
James D. Richardson director 7970 S KYRENE RD., TEMPE AZ 85284
L Kelly Jones director, 10 percent owner, officer: ceo 440 NORTH CENTER, ARLINGTON TX 76011
Andrew Wells director 440 NORTH CENTER, ARLINGTON TX 76011
David Louis Ferris 10 percent owner