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Hearts And Minds Investments (ASX:HM1) Total Current Liabilities : A$0.10 Mil (As of Dec. 2023)


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What is Hearts And Minds Investments Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. Hearts And Minds Investments's total current liabilities for the quarter that ended in Dec. 2023 was A$0.10

Hearts And Minds Investments Total Current Liabilities Historical Data

The historical data trend for Hearts And Minds Investments'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.

Hearts And Minds Investments Total Current Liabilities Chart

Hearts And Minds Investments Annual Data
Trend Oct18 Jun20 Jun21 Jun22 Jun23
Total Current Liabilities
- 28.37 29.34 0.09 0.10

Hearts And Minds Investments Semi-Annual Data
Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Total Current Liabilities Get a 7-Day Free Trial Premium Member Only 39.39 0.09 0.75 0.10 0.10

Hearts And Minds Investments Total Current Liabilities Calculation

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

Hearts And Minds Investments'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
=0.1+0
+Other Current Liabilities+Current Deferred Liabilities
=0+0
=0.10

Hearts And Minds Investments'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
=0.1+0
+Other Current Liabilities+Current Deferred Liabilities
=0+0
=0.10

* 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

Hearts And Minds Investments Total Current Liabilities Related Terms

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Hearts And Minds Investments (ASX:HM1) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Hearts And Minds Investments Ltd (ASX:HM1) » Definitions » Total Current Liabilities
Comparable Companies
ASX:GCI ASX:PAC ASX:RPL ASX:FGX ASX:FGG ASX:AEF ASX:MOT ASX:PIC ASX:PE1 ASX:QRI BLK BX OSTO:INVE A TSX:BN KKR APO BK AMP XSWX:PGHN LSE:III
Traded in Other Exchanges
N/A
Address
2 Chifley Square, Suite 12.04, Level 12, Chifley Tower, Sydney, NSW, AUS, 2000
Website
https://www.heartsandmindsinvestments.com.au
Hearts And Minds Investments Ltd is a listed investment company. The company strives to deliver attractive equity investment returns for shareholders while providing funding for Australian medical research. It derives revenue from dividend income, interest income, and the sale of its investments. Geographically, it has a presence in the United States; Australia; Hong Kong; Germany; Japan; Canada, and the United Kingdom.

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