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New Sources Energy NV (XAMS:NSE) Total Current Liabilities : €0.14 Mil (As of Dec. 2022)


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What is New Sources Energy 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. New Sources Energy NV's total current liabilities for the quarter that ended in Dec. 2022 was €0.14


New Sources Energy NV Total Current Liabilities Historical Data

The historical data trend for New Sources Energy 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.

New Sources Energy NV Total Current Liabilities Chart

New Sources Energy NV Annual Data
Trend Sep13 Sep14 Sep15 Sep16 Sep17 Sep18 Dec20 Dec21 Dec22 Dec23
Total Current Liabilities
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.15 0.03 0.06 0.14 0.04

New Sources Energy NV Semi-Annual Data
Dec10 Jun11 Sep12 Mar13 Sep13 Mar14 Sep14 Mar15 Sep15 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Jun20 Dec20 Dec21 Dec22 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.03 0.03 0.06 0.14 0.04

New Sources Energy 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.

New Sources Energy 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
=0.044+0
+Other Current Liabilities+Current Deferred Liabilities
=0+0
=0.04

New Sources Energy NV's Total Current Liabilities for the quarter that ended in Dec. 2022 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=0.137+0
+Other Current Liabilities+Current Deferred Liabilities
=0+0
=0.14

* 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


New Sources Energy NV Total Current Liabilities Related Terms

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New Sources Energy NV (XAMS:NSE) Business Description

Traded in Other Exchanges
N/A
Address
Schothosterlaan 11, Amersfoort, NLD, 3822
New Sources Energy NV develops, operates and invests in projects that generates electricity using renewable energy sources and Photovoltaic method.

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