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Afarak Group SE (FRA:V5W) Total Current Liabilities : €24.0 Mil (As of Dec. 2023)


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What is Afarak Group SE Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. Afarak Group SE's total current liabilities for the quarter that ended in Dec. 2023 was €24.0

Afarak Group SE Total Current Liabilities Historical Data

The historical data trend for Afarak Group SE'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.

Afarak Group SE Total Current Liabilities Chart

Afarak Group SE Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Current Liabilities
Get a 7-Day Free Trial Premium Member Only Premium Member Only 65.00 31.98 43.66 21.24 23.97

Afarak Group SE Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 43.66 40.05 21.24 22.52 23.97

Afarak Group SE Total Current Liabilities Calculation

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

Afarak Group SE'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
=15.306+2.766
+Other Current Liabilities+Current Deferred Liabilities
=5.897+0
=24.0

Afarak Group SE'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
=15.306+2.766
+Other Current Liabilities+Current Deferred Liabilities
=5.897+0
=24.0

* 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

Afarak Group SE Total Current Liabilities Related Terms

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Afarak Group SE (FRA:V5W) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Afarak Group SE (FRA:V5W) » Definitions » Total Current Liabilities
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Traded in Other Exchanges
AFAGR:Finland
Address
Kaisaniemenkatu 4, Helsinki, FIN, 00100
Website
https://www.afarak.com
Afarak Group SE is a chrome mining and minerals producer focused on sustainable growth with a specialty alloys business in southern Europe and a ferroalloys business. The company has two operating segments FerroAlloys and Speciality Alloys. The FerroAlloys business consists of the plant Mogale Alloys, Vlakpoort mine, Zeerust mine, the Stellite mine, and the Mecklenburg mine in South Africa. It produces chrome ore, charge chrome, medium carbon ferrochrome, and silicomanganese. The Speciality Alloys business consists of Turk Maadin Sirketi A.S, the mining and beneficiation operation in Turkey, and Elektrowerk Weisweiler GmbH, the chromite concentrate processing plant in Germany. The company operates in European countries, the United States, China, Africa, Finland, and Other countries.

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