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RHI Magnesita NV (RHI Magnesita NV) Total Current Liabilities : $1,194 Mil (As of Dec. 2023)


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What is RHI Magnesita NV Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. RHI Magnesita NV's total current liabilities for the quarter that ended in Dec. 2023 was $1,194

RHI Magnesita NV Total Current Liabilities Historical Data

The historical data trend for RHI Magnesita NV'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.

RHI Magnesita NV Total Current Liabilities Chart

RHI Magnesita NV Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Current Liabilities
Get a 7-Day Free Trial 914.00 1,007.66 1,366.44 1,179.98 1,194.22

RHI Magnesita NV Semi-Annual Data
Dec16 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 1,366.44 1,260.47 1,179.98 1,256.23 1,194.22

RHI Magnesita NV Total Current Liabilities Calculation

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

RHI Magnesita NV'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
=680.153+173.719
+Other Current Liabilities+Current Deferred Liabilities
=340.348+0
=1,194

RHI Magnesita NV'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
=680.153+173.719
+Other Current Liabilities+Current Deferred Liabilities
=340.348+0
=1,194

* 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

RHI Magnesita NV Total Current Liabilities Related Terms

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RHI Magnesita NV (RHI Magnesita NV) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » RHI Magnesita NV (OTCPK:RMGNF) » Definitions » Total Current Liabilities
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ROCO:6279 ROCO:2255 TPE:1522 ROCO:4543 ROCO:2235 TPE:4581 ROCO:4535 TPE:1525 TPE:2228 TPE:4551 ATI MLI XTER:TKA SHSE:688122 TPE:2474 ESAB SZSE:000039 XTER:NDA CRS WOR
Traded in Other Exchanges
RHIMl:UK RHIM:UK RHF:Germany RHIM:Austria
Address
Kranichberggasse 6, Vienna, AUT, 1120
Website
https://www.rhimagnesita.com
RHI Magnesita NV operates in the refractory industry. The core activities of the group comprise the development and production as well as the sale, installation, and maintenance of refractory products and systems. It has two main operating segments, Steel and Industrial. The Steel segment specializes in supporting customers in the steel-producing and steel-processing industry. Its Industrial segment serves customers in the glass, cement/lime, nonferrous metals and environment, energy, chemicals Industries. The company generates maximum revenue from the Steel segment. Its geographical markets are Europe, North America, Asia Pacific, South America, and MEA-CIS.

RHI Magnesita NV (RHI Magnesita NV) Headlines

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