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Omnova Solutions (Omnova Solutions) Total Current Liabilities : $105.9 Mil (As of Feb. 2020)


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What is Omnova Solutions Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. Omnova Solutions's total current liabilities for the quarter that ended in Feb. 2020 was $105.9

Omnova Solutions Total Current Liabilities Historical Data

The historical data trend for Omnova Solutions'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.

Omnova Solutions Total Current Liabilities Chart

Omnova Solutions Annual Data
Trend Nov10 Nov11 Nov12 Nov13 Nov14 Nov15 Nov16 Nov17 Nov18 Nov19
Total Current Liabilities
Get a 7-Day Free Trial Premium Member Only Premium Member Only 112.50 113.40 116.60 133.80 113.20

Omnova Solutions Quarterly Data
May15 Aug15 Nov15 Feb16 May16 Aug16 Nov16 Feb17 May17 Aug17 Nov17 Feb18 May18 Aug18 Nov18 Feb19 May19 Aug19 Nov19 Feb20
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 131.10 131.50 119.70 113.20 105.90

Omnova Solutions Total Current Liabilities Calculation

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

Omnova Solutions's Total Current Liabilities for the fiscal year that ended in Nov. 2019 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=103.1+4.3
+Other Current Liabilities+Current Deferred Liabilities
=5.8+0
=113.2

Omnova Solutions's Total Current Liabilities for the quarter that ended in Feb. 2020 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=93+7.8
+Other Current Liabilities+Current Deferred Liabilities
=5.1+0
=105.9

* 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

Omnova Solutions Total Current Liabilities Related Terms

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Omnova Solutions (Omnova Solutions) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Omnova Solutions Inc (NYSE:OMN) » Definitions » Total Current Liabilities
Comparable Companies
KRA HWKN TG LOOP OEC AMRS KOP GPRE ODC VNTR LIN ECL SHW XSWX:GIVN XSWX:SIKA PPG TSE:4612 XAMS:DSM BOM:500820 LYB
Traded in Other Exchanges
N/A
Address
25435 Harvard Road, Beachwood, OH, USA, 44122-6201
Website
https://www.omnova.com
Omnova Solutions Inc manufactures and sells a variety of chemicals and chemical-based products. The firm organizes itself into two segments based on the product type. Its performance materials segment, which sells latex, lubricants, plastics, and powders used in the production of paper and packaging materials, carpets, tires, cords, synthetic latex gloves, and rubber products. The specialty chemical segment sells vinyl acrylics, styrene, plastic pigments, and polyethylene resins used in the production of textiles, oil and gas, coatings, construction materials, and personal care products. It generates a majority of revenue from the Specialty Solutions segment. Geographically, the company's majority of revenue comes from the United States.
Executives
Anne P Noonan officer: President & CEO 25435 HARVARD RD, BEACHWOOD OH 44122
Allan R Rothwell director C/O COMPASS MINERALS, 9900 WEST 109TH STREET, SUITE 600, OVERLAND PARK KS 66210
James A Mitarotonda director 888 SEVENTH AVENUE 17TH FL, NEW YORK NY 10019
Joseph M Gingo director 3550 WEST MARKET STREET, AKRON OH 44333
Michael J Merriman director C/O RC2 CORPORATION, 1111 WEST 22ND STREET, SUITE 320, OAK BROOK IL 60523
David J Dantoni director C/O COMPASS MINERALS, 9900 WEST 109TH STREET, SUITE 600, OVERLAND PARK KS 66210
Janet Plaut Giesselman director 25435 HARVARD RD., BEACHWOOD OH 44122
Larry B Porcellato director ICI PAINTS, 15885 SPRAGUE ROAD, CLEVELAND OH 44136
Paul F Desantis officer: SVP, CFO; Treasurer 25435 HARVARD RD, BEACHWOOD OH 44122-6201
Donald B. Mcmillan officer: Chief Accounting Officer 25435 HARVARD RD, BEACHWOOD OH 44122
Robert A Stefanko director 3550 W MARKET ST, AKRON OH 44333
Edward P Campbell director C/O KEYCORP, 127 PUBLIC SQUARE, CLEVELAND OH 44114
David A. Daberko director C/O MARATHON PETROLEUM CORPORATION, 539 S. MAIN STREET, FINDLAY OH 45840
Gregory T Troy officer: Senior VP Human Resources C/O KAMAN CORPORATION, PO BOX 1, BLOOMFIELD CT 06002