GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » IHS Holding Ltd (NYSE:IHS) » Definitions » Total Current Liabilities

IHS Holding (IHS Holding) Total Current Liabilities : $1,222 Mil (As of Dec. 2023)


View and export this data going back to 2021. Start your Free Trial

What is IHS Holding Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. IHS Holding's total current liabilities for the quarter that ended in Dec. 2023 was $1,222

IHS Holding Total Current Liabilities Historical Data

The historical data trend for IHS Holding'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.

IHS Holding Total Current Liabilities Chart

IHS Holding Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Current Liabilities
Get a 7-Day Free Trial 566.46 683.64 830.56 1,266.39 1,221.96

IHS Holding Quarterly Data
Dec18 Dec19 Jun20 Sep20 Dec20 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 1,266.39 1,200.65 1,156.06 1,232.12 1,221.96

IHS Holding Total Current Liabilities Calculation

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

IHS Holding'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
=566.777+545.307
+Other Current Liabilities+Current Deferred Liabilities
=68.41+41.462
=1,222

IHS Holding'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
=566.777+545.307
+Other Current Liabilities+Current Deferred Liabilities
=68.41+41.462
=1,222

* 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

IHS Holding Total Current Liabilities Related Terms

Thank you for viewing the detailed overview of IHS Holding's Total Current Liabilities provided by GuruFocus.com. Please click on the following links to see related term pages.

IHS Holding (IHS Holding) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » IHS Holding Ltd (NYSE:IHS) » Definitions » Total Current Liabilities
Comparable Companies
LUMN LILA GOGO TDS ATUS SHEN GSAT DISH IDT TIGO SHSE:600941 CMCSA TMUS VZ T XTER:DTE TSE:9432 NSE:BHARTIARTL HKSE:00728 TSE:9433
Traded in Other Exchanges
4JB:Germany
Address
123 Victoria Street, 1 Cathedral Piazza, London, GBR, SW1E 5BP
Website
https://www.ihstowers.com
IHS Holding Ltd is an independent owner, operator, and developer of shared telecommunications infrastructure. The company provides telecommunications infrastructure to its customers, most of who are MNOs, who in turn provide wireless voice and data services to their end-users. Its geographical segments are Nigeria, Sub-Saharan Africa, Middle East and North Africa (MENA), and Latin America (Latam). The majority of its revenue is derived from Nigeria.