GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Webco Industries Inc (OTCPK:WEBC) » Definitions » Total Current Liabilities

Webco Industries (Webco Industries) Total Current Liabilities : $142.1 Mil (As of Jul. 2023)


View and export this data going back to 1994. Start your Free Trial

What is Webco Industries Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. Webco Industries's total current liabilities for the quarter that ended in Jul. 2023 was $142.1


Webco Industries Total Current Liabilities Historical Data

The historical data trend for Webco Industries'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.

Webco Industries Total Current Liabilities Chart

Webco Industries Annual Data
Trend Jul05 Jul06 Jul12 Jul13 Jul14 Jul15 Jul16 Jul17 Jul18 Jul23
Total Current Liabilities
Get a 7-Day Free Trial Premium Member Only Premium Member Only 97.40 73.53 99.23 157.12 142.06

Webco Industries Semi-Annual Data
Jul95 Jul96 Jul97 Jul98 Jul99 Jul00 Jul01 Jul02 Jul03 Jul04 Jul05 Jul06 Jul12 Jul13 Jul14 Jul15 Jul16 Jul17 Jul18 Jul23
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 97.40 73.53 99.23 157.12 142.06

Webco Industries Total Current Liabilities Calculation

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

Webco Industries's Total Current Liabilities for the fiscal year that ended in Jul. 2023 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=68.309+73.746
+Other Current Liabilities+Current Deferred Liabilities
=0+0
=142.1

Webco Industries's Total Current Liabilities for the quarter that ended in Jul. 2023 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=68.309+73.746
+Other Current Liabilities+Current Deferred Liabilities
=0+0
=142.1

* 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


Webco Industries Total Current Liabilities Related Terms

Thank you for viewing the detailed overview of Webco Industries's Total Current Liabilities provided by GuruFocus.com. Please click on the following links to see related term pages.


Webco Industries (Webco Industries) Business Description

Traded in Other Exchanges
N/A
Address
9101 West 21st Street S, P.O. Box 100, Sand Springs, OK, USA, 74063
Webco Industries Inc is a specialty manufacturer of high-quality carbon and stainless steel tubing products that are designed to industry and customer specifications. The company's products include Welded tubing; Cold drawn- Welded and Cold drawn- Seamless. Its value-added services include bending, custom mill length, end formed/swaged, finning, heat treating, packaging, precision cutting, product availability and responsiveness.
Executives
Dana Suzette Weber director, 10 percent owner, officer: Pres and COO
F William Weber director, 10 percent owner, officer: Chmn and CEO
Bradley Scott Vetal director 10701 E UTE STREET, TULSA OK 74116
Jack D Mccarthy director
David Edward Boyer officer: Sr VP - Tubing Oper and Secy
Michael Paul Howard officer: Sr VP - Fin and Adm / CFO
Kenneth Eugene Case director
Christopher Lee Kowalski director, officer: Pres of 100% owned sub

Webco Industries (Webco Industries) Headlines

From GuruFocus

/C O R R E C T I O N -- Webco Industries, Inc./

By PRNewswire PRNewswire 12-03-2021

/C O R R E C T I O N -- Webco Industries Inc/

By PRNewswire PRNewswire 06-08-2021