GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Indraprastha Gas Ltd (BOM:532514) » Definitions » Total Current Liabilities

Indraprastha Gas (BOM:532514) Total Current Liabilities : ₹40,800 Mil (As of Mar. 2024)


View and export this data going back to 2003. Start your Free Trial

What is Indraprastha Gas Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. Indraprastha Gas's total current liabilities for the quarter that ended in Mar. 2024 was ₹40,800

Indraprastha Gas Total Current Liabilities Historical Data

The historical data trend for Indraprastha Gas'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.

Indraprastha Gas Total Current Liabilities Chart

Indraprastha Gas 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 17,954.90 23,438.70 31,071.20 42,315.80 40,800.20

Indraprastha Gas 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 42,315.80 - 39,396.70 - 40,800.20

Indraprastha Gas Total Current Liabilities Calculation

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

Indraprastha Gas'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
=10020.7+247.1
+Other Current Liabilities+Current Deferred Liabilities
=30532.4+0
=40,800

Indraprastha Gas'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
=10020.7+247.1
+Other Current Liabilities+Current Deferred Liabilities
=30532.4+0
=40,800

* 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

Indraprastha Gas Total Current Liabilities Related Terms

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

Indraprastha Gas (BOM:532514) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Indraprastha Gas Ltd (BOM:532514) » Definitions » Total Current Liabilities
Comparable Companies
BOM:539336 BOM:532702 NSE:MGL BOM:544004 BOM:539991 BOM:526873 BOM:542066 BOM:532155 XMAD:NTGY ASX:APA ATO MIL:SRG HKSE:00003 NI TSE:9531 HKSE:02688 XKLS:6033 TSE:9532 HKSE:01193 NFE
Traded in Other Exchanges
IGL:India
Address
IGL Bhawan, Plot Number 4, Community Centre, Sector-9, R K Puram, New Delhi, IND, 110022
Website
https://www.iglonline.net
Indraprastha Gas Ltd, or IGL, is an Indian utility company that derives nearly all of its revenue from the sale of natural gas. IGL supplies compressed natural gas (CNG) to the transport sector and piped natural gas (PNG) to domestic, industrial, and commercial sector customers. Most of the natural gas sold by IGL is in the form of compressed natural gas. CNG is an alternative to fossil fuels that is distributed from IGL's portfolio of fueling stations to power a variety of vehicles. The vast majority of these CNG stations are located in the Delhi and National Capital Regions. IGL distributes a significant amount of natural gas through its network of pipelines in Delhi and the National Capital Region, as well. The customers served by IGL's PNG business are primarily residential consumers.

Indraprastha Gas (BOM:532514) Headlines

No Headlines