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Magson Retail and Distribution (NSE:MAGSON) Total Current Liabilities : ₹90.4 Mil (As of Sep. 2023)


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What is Magson Retail and Distribution Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. Magson Retail and Distribution's total current liabilities for the quarter that ended in Sep. 2023 was ₹90.4

Magson Retail and Distribution Total Current Liabilities Historical Data

The historical data trend for Magson Retail and Distribution'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.

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Magson Retail and Distribution Total Current Liabilities Chart

Magson Retail and Distribution Annual Data
Trend Mar21 Mar22 Mar23
Total Current Liabilities
61.34 71.24 90.70

Magson Retail and Distribution Semi-Annual Data
Mar21 Mar22 Sep22 Mar23 Sep23
Total Current Liabilities 61.34 71.24 - 90.70 90.38

Magson Retail and Distribution Total Current Liabilities Calculation

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

Magson Retail and Distribution's Total Current Liabilities for the fiscal year that ended in Mar. 2023 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=44.907+16.265
+Other Current Liabilities+Current Deferred Liabilities
=29.528+0
=90.7

Magson Retail and Distribution's Total Current Liabilities for the quarter that ended in Sep. 2023 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=32.542+10.009
+Other Current Liabilities+Current Deferred Liabilities
=47.828+0
=90.4

* 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

Magson Retail and Distribution Total Current Liabilities Related Terms

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Magson Retail and Distribution (NSE:MAGSON) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Magson Retail and Distribution Ltd (NSE:MAGSON) » Definitions » Total Current Liabilities
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BOM:511153 BOM:532359 KR TSE:3382 XAMS:AD ASX:WOW TSX:L LSE:TSCO TSX:WN BKK:CPALL ASX:COL ACI XPAR:CA TSX:MRU WAR:DNP TPE:2912 ISX:AMRT LSE:SBRY TSX:EMP.A OHEL:KESKOA
Traded in Other Exchanges
N/A
Address
Near Judges Bungalows Cross Roads, 204-B, Primate Complex, Opposite Mother Milk Palace, Bodakdev, Ahmedabad, GJ, IND, 380015
Website
https://www.magson.in
Magson Retail and Distribution Ltd is engaged in the retail and Distribution business of gourmet, frozen food, and specialty foods. The company operates retail stores through and own stores, jointly owned stores, and a franchise model under its brand name 'MagSon'. In addition, the company has a separate chocolate store that is operated under the brand name 'My Chocolate World'.

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