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IEH (IEHC) Total Current Liabilities : $1.76 Mil (As of Dec. 2023)


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What is IEH Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. IEH's total current liabilities for the quarter that ended in Dec. 2023 was $1.76

IEH Total Current Liabilities Historical Data

The historical data trend for IEH'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.

IEH Total Current Liabilities Chart

IEH Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Total Current Liabilities
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.33 1.66 1.78 2.14 2.29

IEH Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 2.18 2.29 1.67 1.99 1.76

IEH Total Current Liabilities Calculation

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

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

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=1.842+0.317
+Other Current Liabilities+Current Deferred Liabilities
=0.114+0.021
=2.29

IEH's Total Current Liabilities for the quarter that ended in Dec. 2023 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=1.238+0.343
+Other Current Liabilities+Current Deferred Liabilities
=0.139+0.035
=1.76

* 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

IEH Total Current Liabilities Related Terms

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IEH (IEHC) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Hardware » IEH Corp (OTCPK:IEHC) » Definitions » Total Current Liabilities
Comparable Companies
TNLX MTEK MMAT OST INRD NEON SGMA HOLO IMTE CPSH APH TPE:2317 TEL TSE:6981 SZSE:002475 GLW TPE:2308 XKRX:006400 SZSE:000725 TSE:6762
Traded in Other Exchanges
N/A
Address
140 58th Street, Suite 8E, Brooklyn, NY, USA, 11220
Website
https://www.iehcorp.com
IEH Corp designs develops and manufactures printed circuit board (PCB) connectors, custom interconnects, and contacts for high-performance applications. With its Hyperboloid technology, It supplies durable, reliable connectors for demanding environments. The company markets to companies in defense, aerospace, space, and industrial applications, in the United States, Canada, Europe, Southeast, and Central Asia, and the Mideast. The company generates the majority of its revenue from United states.
Executives
Subrata Purkayastha officer: Chief Financial Officer 140 58TH STREET, BUILDING B SUITE 8E, BROOKLYN NY 11220
Gail Offerman 10 percent owner 2984 WYNSUM AVENUE, MERRICK NY 11566
Zeff Capital, Lp 10 percent owner 400 S. MCCADDEN PL., LOS ANGELES CA 90020
2020 David Offerman Trust 10 percent owner 17 MOHAWK TRAIL, WESTFIELD NJ 07090
William H Craig officer: Chief Financial Officer
Daniel Zeff 10 percent owner 400 S. MCCADDEN PL., LOS ANGELES CA 90020
Zeff Holding Company, Llc 10 percent owner 400 S. MCCADDEN PL., LOS ANGELES CA 90020
Michael E Rosenfeld director 1365 YORK AVENUE, APT. 3A, NEW YORK NY 10021
Dave Offerman director, officer: Chief Executive Officer 140 58TH STREET, SUITE 8E, BROOKLYN NY 11220
Robert Knoth officer: CFO, Secretary and Treasurer 140 58TH STREET, BLDG. B, SUITE 8E, IEH CORPORATION, BROOKLYN NY 11220
Gerald E. Chafetz director C/O IEH CORP. 140 58TH STREET, BLDG. B, SUITE 8E, BROOKLYN NY 11220
Michael Offerman director, 10 percent owner, officer: Chairman & President