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Veidekke ASA (LTS:0GF6) Total Current Liabilities : kr12,656 Mil (As of Mar. 2024)


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What is Veidekke ASA Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. Veidekke ASA's total current liabilities for the quarter that ended in Mar. 2024 was kr12,656


Veidekke ASA Total Current Liabilities Historical Data

The historical data trend for Veidekke ASA'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.

Veidekke ASA Total Current Liabilities Chart

Veidekke ASA 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 12,851.00 11,634.00 11,152.00 12,334.00 12,733.00

Veidekke ASA 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 12,198.00 12,217.00 13,388.00 12,733.00 12,656.00

Veidekke ASA Total Current Liabilities Calculation

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

Veidekke ASA'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
=3570+327
+Other Current Liabilities+Current Deferred Liabilities
=8836+0
=12,733

Veidekke ASA'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
=8645+193
+Other Current Liabilities+Current Deferred Liabilities
=3818+0
=12,656

* 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


Veidekke ASA Total Current Liabilities Related Terms

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Veidekke ASA (LTS:0GF6) Business Description

Industry
Traded in Other Exchanges
Address
Skabos vei 4, Oslo, NOR, 0278
Veidekke ASA is engaged in construction and property development. It constructs building and residential projects, enters civil engineering contracts, and undertakes various infrastructure developments. The company has six operating segments; Construction Norway includes apartment complexes and non-residential buildings, Infrastructure Norway includes road maintenance, railways, power production, and airport, Construction Sweden includes construction projects, including residential units, offices, schools, and cultural buildings, Infrastructure Sweden includes infrastructure, extractive industries, heavy industry, energy, and recycling facilities/landfill, Denmark includes commercial buildings, and Other comprises undistributed costs.

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