Guggenheim Total Current Liabilities from 2010 to 2024

GUG Stock  USD 15.72  0.15  0.96%   
Guggenheim Active's Total Current Liabilities is increasing over the last several years with slightly volatile swings. Total Current Liabilities is estimated to finish at about 18.6 M this year. Total Current Liabilities is the total amount of liabilities that Guggenheim Active Allocation is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations. View All Fundamentals
 
Total Current Liabilities  
First Reported
2010-12-31
Previous Quarter
17.7 M
Current Value
18.6 M
Quarterly Volatility
5.3 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Guggenheim Active financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Guggenheim Active's main balance sheet or income statement drivers, such as Net Interest Income of 39.5 M, Interest Income of 48.8 M or Depreciation And Amortization of 182.8 K, as well as many indicators such as PTB Ratio of 0.7, Days Sales Outstanding of 53.06 or Book Value Per Share of 12.3. Guggenheim financial statements analysis is a perfect complement when working with Guggenheim Active Valuation or Volatility modules.
  
Check out the analysis of Guggenheim Active Correlation against competitors.

Latest Guggenheim Active's Total Current Liabilities Growth Pattern

Below is the plot of the Total Current Liabilities of Guggenheim Active Allocation over the last few years. Total Current Liabilities is an item on Guggenheim Active balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Guggenheim Active Allocation are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. It is the total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations. Guggenheim Active's Total Current Liabilities historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Guggenheim Active's overall financial position and show how it may be relating to other accounts over time.
Total Current Liabilities10 Years Trend
Slightly volatile
   Total Current Liabilities   
       Timeline  

Guggenheim Total Current Liabilities Regression Statistics

Arithmetic Mean5,103,032
Geometric Mean3,816,358
Coefficient Of Variation104.70
Mean Deviation3,489,718
Median3,251,430
Standard Deviation5,343,061
Sample Variance28.5T
Range17.5M
R-Value0.55
Mean Square Error21.4T
R-Squared0.30
Significance0.03
Slope657,600
Total Sum of Squares399.7T

Guggenheim Total Current Liabilities History

202418.6 M
202317.7 M
20221.1 M

About Guggenheim Active Financial Statements

Guggenheim Active stakeholders use historical fundamental indicators, such as Guggenheim Active's Total Current Liabilities, to determine how well the company is positioned to perform in the future. Although Guggenheim Active investors may analyze each financial statement separately, they are all interrelated. For example, changes in Guggenheim Active's assets and liabilities are reflected in the revenues and expenses on Guggenheim Active's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Guggenheim Active Allocation. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Total Current Liabilities17.7 M18.6 M

Currently Active Assets on Macroaxis

When determining whether Guggenheim Active is a strong investment it is important to analyze Guggenheim Active's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Guggenheim Active's future performance. For an informed investment choice regarding Guggenheim Stock, refer to the following important reports:
Check out the analysis of Guggenheim Active Correlation against competitors.
You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.
Is Asset Management & Custody Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Guggenheim Active. If investors know Guggenheim will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Guggenheim Active listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
2.11
The market value of Guggenheim Active is measured differently than its book value, which is the value of Guggenheim that is recorded on the company's balance sheet. Investors also form their own opinion of Guggenheim Active's value that differs from its market value or its book value, called intrinsic value, which is Guggenheim Active's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Guggenheim Active's market value can be influenced by many factors that don't directly affect Guggenheim Active's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Guggenheim Active's value and its price as these two are different measures arrived at by different means. Investors typically determine if Guggenheim Active is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Guggenheim Active's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.