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Aggreko (LSE:AGK) Total Current Liabilities : £580 Mil (As of Dec. 2020)


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What is Aggreko Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. Aggreko's total current liabilities for the quarter that ended in Dec. 2020 was £580

Aggreko Total Current Liabilities Historical Data

The historical data trend for Aggreko'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.

Aggreko Total Current Liabilities Chart

Aggreko Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Total Current Liabilities
Get a 7-Day Free Trial Premium Member Only Premium Member Only 420.00 627.00 571.00 528.00 580.00

Aggreko Semi-Annual Data
Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20
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 571.00 563.00 528.00 669.00 580.00

Aggreko Total Current Liabilities Calculation

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

Aggreko's Total Current Liabilities for the fiscal year that ended in Dec. 2020 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=215+100
+Other Current Liabilities+Current Deferred Liabilities
=265+0
=580

Aggreko's Total Current Liabilities for the quarter that ended in Dec. 2020 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=215+100
+Other Current Liabilities+Current Deferred Liabilities
=265+0
=580

* 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

Aggreko Total Current Liabilities Related Terms

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Aggreko (LSE:AGK) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Aggreko PLC (LSE:AGK) » Definitions » Total Current Liabilities
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Traded in Other Exchanges
N/A
Address
120 Bothwell Street, 8th Floor, Glasgow, GBR, G2 7JS
Website
https://www.plc.aggreko.com
Aggreko PLC is a provider of cooling and heating rental equipment. The company operates two business units: rental solutions and power solutions. Rental solutions offer power, heating, and cooling equipment to customers in developed markets on a rental basis. Power solutions, the slightly larger business unit by revenue, operates in emerging markets and serves industrial and utility customers with large and complex solutions to their power requirements. Aggreko serves customers in utilities, oil and gas, mining, events, petrochemical and refining, manufacturing, and other sectors worldwide. The company generates the lion's share of its revenue in North America, followed by Africa, Asia, and the Middle East.

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