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Vantage Towers AG (Vantage Towers AG) Total Current Liabilities : $3,318 Mil (As of Mar. 2023)


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What is Vantage Towers AG Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. Vantage Towers AG's total current liabilities for the quarter that ended in Mar. 2023 was $3,318

Vantage Towers AG Total Current Liabilities Historical Data

The historical data trend for Vantage Towers AG'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.

Vantage Towers AG Total Current Liabilities Chart

Vantage Towers AG Annual Data
Trend Mar21 Mar22 Mar23
Total Current Liabilities
720.12 808.15 3,317.56

Vantage Towers AG Semi-Annual Data
Sep20 Mar21 Sep21 Mar22 Sep22 Mar23
Total Current Liabilities Get a 7-Day Free Trial 720.12 784.00 808.15 814.36 3,317.56

Vantage Towers AG Total Current Liabilities Calculation

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

Vantage Towers AG'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
=344.861+2634.69
+Other Current Liabilities+Current Deferred Liabilities
=338.008+0
=3,318

Vantage Towers AG's Total Current Liabilities for the quarter that ended in Mar. 2023 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=344.861+2634.69
+Other Current Liabilities+Current Deferred Liabilities
=338.008+0
=3,318

* 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

Vantage Towers AG Total Current Liabilities Related Terms

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Vantage Towers AG (Vantage Towers AG) Business Description

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Traded in Other Exchanges
VTWR:Germany
Address
Prinzenallee 11-13, Dusseldorf, NW, DEU, 40549
Website
https://www.vantagetowers.com
Vantage is the tower arm of Vodafone, spun off in 2021. Vantage fully owns 45,000 towers in Germany, Spain, Greece, and other European countries. Vantage also owns stakes in Inwit (22,000 towers, Vantage owns 33% stake), the Italian tower operator resulting from the merger of Vodafone and Telecom Italia's towers in the region, and Cornerstone (14,000 towers, 50% stake) a tower joint venture in the U.K. with Telefonica.

Vantage Towers AG (Vantage Towers AG) Headlines

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