GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » NSK Ltd (OTCPK:NPSKY) » Definitions » Total Current Liabilities

NSK (NPSKY) Total Current Liabilities : $2,397 Mil (As of Mar. 2024)


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

What is NSK Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. NSK's total current liabilities for the quarter that ended in Mar. 2024 was $2,397


NSK Total Current Liabilities Historical Data

The historical data trend for NSK'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.

NSK Total Current Liabilities Chart

NSK Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Total Current Liabilities
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,024.19 2,769.01 2,504.72 2,299.40 2,397.20

NSK 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 2,299.40 2,311.04 2,475.63 2,408.55 2,397.20

NSK Total Current Liabilities Calculation

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

NSK's Total Current Liabilities for the fiscal year that ended in Mar. 2024 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=1109.916+0
+Other Current Liabilities+Current Deferred Liabilities
=1287.283+0
=2,397

NSK'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
=1109.916+0
+Other Current Liabilities+Current Deferred Liabilities
=1287.283+0
=2,397

* 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


NSK Total Current Liabilities Related Terms

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


NSK (NPSKY) Business Description

Traded in Other Exchanges
Address
Nissei Building, 1-6-3 Ohsaki, Shinagawa-ku, Tokyo, JPN, 141-8560
NSK Ltd is a Japan-based company which manufactures and sells automotive products, precision machinery and mechatronic products. The company has two business segments, the Industrial Machinery business and the Automotive Business. The Industrial machinery bearing business is comprised of three sub-segments the general machinery, electrical and IT equipment and Aftermarket segment. The Automotive business is engaged in production and sales of bearings for car manufacturers and automotive component manufacturers, steering columns and automatic transmission components. Its products include ball bearings, roller bearings, Plummer blocks, electric power steering and super precision bearings.

NSK (NPSKY) Headlines

From GuruFocus

NSK Americas Launches Website for Metal-Making Operations

By PRNewswire PRNewswire 05-19-2021

Defining Value in Supplier Selection: An NSK Perspective

By PRNewswire PRNewswire 10-26-2020