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Xeriant (Xeriant) Total Current Liabilities : $8.62 Mil (As of Mar. 2024)


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What is Xeriant Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. Xeriant's total current liabilities for the quarter that ended in Mar. 2024 was $8.62

Xeriant Total Current Liabilities Historical Data

The historical data trend for Xeriant'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.

Xeriant Total Current Liabilities Chart

Xeriant Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Total Current Liabilities
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.04 0.11 0.30 4.14 6.75

Xeriant 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 6.39 6.75 7.13 7.94 8.62

Xeriant Total Current Liabilities Calculation

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

Xeriant's Total Current Liabilities for the fiscal year that ended in Jun. 2023 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=0.423+6.253
+Other Current Liabilities+Current Deferred Liabilities
=0.075+0
=6.75

Xeriant'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
=1.065+7.477
+Other Current Liabilities+Current Deferred Liabilities
=0.075000000000001+0
=8.62

* 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

Xeriant Total Current Liabilities Related Terms

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Xeriant (Xeriant) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Xeriant Inc (OTCPK:XERI) » Definitions » Total Current Liabilities
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Traded in Other Exchanges
N/A
Address
3998 FAU Boulevard, Suite 309, Innovation Centre No.1, Boca Raton, FL, USA, 33431
Website
https://www.xeriant.com
Xeriant Inc is a holding and operating company focused on acquiring, developing, and commercializing revolutionary, eco-friendly technologies with applications in aerospace, including innovative aircraft concepts targeting emerging opportunities within the aviation industry. In 2019, Xeriant acquired a unique, scalable, multi-purpose VTOL aerial platform called Halo, which is protected under a broad utility patent. Xeriant is located at the Research Park at Florida Atlantic University in Boca Raton, Florida adjacent to the Boca Raton Airport.
Executives
Edward C. Defeudis director 604 ARIZONA AVENUE, SANTA MONICA CA 90401
Brendan Macpherson director, 10 percent owner, officer: Chief Executive Officer 76 WILLIAM ST, PADDINGTON C3 2021
Macpherson Belinda Storelli director, 10 percent owner, officer: Chief Creative Officer 76 WILLIAM ST., PADDINGTON C3 2021
Raymond Key 10 percent owner 396 FRANKTON-LADIES MILE HIGHWAY, QUEENSTOWN Q2 9304
Richard C Fox director, officer: Interim CEO: Interim CFO 131 COURT ST. #11, EXETER NH 03833
Randy S Bayne officer: President, Encom Group, Inc.
Aqmen Family Holdings, Llc 10 percent owner 13403 OAK ALLEY LANE, CYPRESS TX 77429
Eman Mark Van 10 percent owner, officer: See Remark Below 13403 OAK ALLEY LANE, CYPRESS TX 77429
Bradley W Miller director, 10 percent owner, officer: CEO BLOCK C FLAT 410, LOTUS HILL GOLF APTS., LOTUS HILL TOWN, PANYU DISTRICT, GUANGZHOU F4 511440
Nicole Machelle Stacy officer: Secretary 3330 EAST 36TH, APT. #18, TULSA OK 74035