BMRN has been successfully added to your Stock Email Alerts list.
You can manage your stock email alerts here.
BMRN has been removed from your Stock Email Alerts list.
Please enter Portfolio Name for new portfolio.
Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. Biomarin Pharmaceutical's total current liabilities for the quarter that ended in Mar. 2023 was $598
The historical data trend for Biomarin Pharmaceutical'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.
Total Current Liabilities is the total amount of liabilities that the company needs to pay over the next 12 months.
Biomarin Pharmaceutical's Total Current Liabilities for the fiscal year that ended in Dec. 2022 is calculated as
Total Current Liabilities | = | Accounts Payable & Accrued Expense | + | Short-Term Debt & Capital Lease Obligation |
= | 341.699 | + | 10.375 | |
+ | Other Current Liabilities | + | Current Deferred Liabilities | |
= | 236.099 | + | 0.711 | |
= | 589 |
Biomarin Pharmaceutical'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 |
= | 438.652 | + | 9.251 | |
+ | Other Current Liabilities | + | Current Deferred Liabilities | |
= | 150.328 | + | 0 | |
= | 598 |
* 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
Thank you for viewing the detailed overview of Biomarin Pharmaceutical's Total Current Liabilities provided by GuruFocus.com. Please click on the following links to see related term pages.
Erin Burkhart | officer: GVP, Chief Accounting Officer | C/O BIOMARIN PHARMACEUTICAL INC., 770 LINDARO ST., SAN RAFAEL CA 94901 |
Mark J Alles | director | C/O CELGENE CORPORATION, 86 MORRIS AVENUE, SUMMIT NJ 07901 |
Maykin Ho | director | C/O AGIOS PHARMACEUTICALS, INC., 88 SIDNEY STREET, CAMBRIDGE MA 02139 |
Andrea Acosta | officer: GVP, Chief Accouning Officer | C/O BIOMARIN PHARMACEUTICAL INC., 770 LINDARO ST, SAN RAFAEL CA 94901 |
Charles Greg Guyer | officer: EVP, Chief Technical Officer | C/O BIOMARIN PHARMACEUTICAL INC., 770 LINDARO ST., SAN RAFAEL CA 94901 |
Elizabeth M Anderson | director | 10 FINDERNE AVENUE, BUILDING 10, BRIDGEWATER NJ 08807 |
Robert J. Hombach | director | C/O BAXALTA INCORPORATED, 1200 LAKESIDE DRIVE, BANNOCKBURN IL 60015 |
Willard H Dere | director | ONE AMGEN CENTER DRIVE, THOUSAND OAKS CA 91320-1799 |
Kathryn E Falberg | director | C/O AXOVANT SCIENCES, INC., 320 WEST 37TH STREET, 5TH FLOOR, NEW YORK NY 10018 |
Pyott David E I | director | C/O ALLERGAN, 2525 DUPONT DRIVE, IRVINE CA 92612 |
Dennis Slamon | director | 770 LINDARO STREET, SAN RAFAEL CA 94901 |
Jeffrey Robert Ajer | officer: SVP, Chief Commercial Of | C/O BIOMARIN PHARMACEUTICAL INC., 105 DIGITAL DRIVE, NOVATO CA 94949 |
Daniel K Spiegelman | officer: EVP, Chief Financial Officer | MYRIAD GENETICS, 320 WAKARA WAY, SALT LAKE CITY UT 84003 |
Brian Mueller | officer: VP, Corporate Controller | C/O BIOMARIN PHARMACEUTICAL INC., 105 DIGITAL DRIVE, NOVATO CA 94949 |
Kenneth Bate | director | C/O MILLENNIUM PHARMACEUTICALS INC, 40 LANDSDOWNE STREET, CAMBRIDGE MA 02139 |
From GuruFocus
By PRNewswire 06-24-2022
By PRNewswire 07-11-2022
By PRNewswire 08-24-2022
By PRNewswire 06-23-2022
By PRNewswire 07-14-2022
By PRNewswire 07-10-2022
By PRNewswire 06-20-2022
Other Sources
By CNBC 2022-12-21
By CNBC 2023-01-11
By Yahoo Finance 2022-12-23
By Yahoo Finance 2023-01-07
By Yahoo Finance 2022-10-26
By Yahoo Finance 2023-01-30
By Yahoo Finance 2023-01-10
By Yahoo Finance 2022-11-07
By Yahoo Finance 2022-10-21
By Seekingalpha 2023-01-30
By Yahoo Finance 2023-01-03
By Yahoo Finance 2022-10-27
By Yahoo Finance 2023-01-04
By Bloomberg 2023-01-08
By Yahoo Finance 2023-01-23
Disclaimers: GuruFocus.com is not operated by a broker or a dealer. It has an affiliated registered investment adviser, which serves as the subadviser to an exchange traded fund. This investment adviser does not provide advice to individual investors. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The individuals or entities selected as "gurus" may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. Gurus may be added or dropped from the GuruFocus site at any time. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Stock quotes provided by InterActive Data. Fundamental company data provided by Morningstar, updated daily.