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Albany International (Albany International) Total Current Liabilities

: $249 Mil (As of Dec. 2023)
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Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. Albany International's total current liabilities for the quarter that ended in Dec. 2023 was $249

Albany International Total Current Liabilities Historical Data

The historical data trend for Albany International'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.

Albany International Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Current Liabilities
Get a 7-Day Free Trial Premium Member Only Premium Member Only 202.72 190.86 208.17 211.32 248.68

Albany International Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 211.32 184.69 181.12 242.80 248.68

Albany International Total Current Liabilities Calculation

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

Albany International'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
=217.922+11.553
+Other Current Liabilities+Current Deferred Liabilities
=12.077+7.127
=249

Albany International'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
=217.922+11.553
+Other Current Liabilities+Current Deferred Liabilities
=12.077+7.127
=249

* 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

Albany International Total Current Liabilities Related Terms

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Albany International (Albany International) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Albany International Corp (NYSE:AIN) » Definitions » Total Current Liabilities
Comparable Companies
UFI CULP DXYN HKSE:02313 SHSE:600346 SZSE:000301 TSE:3402 IST:SASA TPE:1402 SHSE:601233 SHSE:600295 BOM:532889 BOM:503310 SZSE:301526 BOM:521064 TPE:2915 SZSE:000158 LSE:COA BOM:514162 BOM:502986
Traded in Other Exchanges
AII:Germany
Address
216 Airport Drive, Rochester, NH, USA, 03867
Website
https://www.albint.com
Albany International Corp is principally engaged in processing textiles and materials. The company consists of two business segments, the machine clothing segment, which produces and provides custom-designed fabrics and belts for the production in the paper, nonwovens, and other process industries; and the Albany engineered composites segment, which offers engineered composite parts for the aerospace and defensive industries. The machine clothing segment contributes to the majority of the company's total revenue. The company has a global operation and generates revenue from the United States, Switzerland, Brazil, China, Mexico, France, and other areas.
Executives
Gunnar Kleveland director, officer: President and CEO C/O ALBANY INTERNATIONAL CORP., 216 AIRPORT DRIVE, ROCHESTER NH 03867
Robert Alan Hansen officer: Senior Vice President & CTO C/O ALBANY INTERNATIONAL CORP, PO BOX 1907, ALBANY NY 12201-1907
John J Tedone officer: VP - Controller & CAO 501 DUNN ROAD, COVENTRY CT 06238
Robert D. Starr officer: CFO & Treasurer 10 STOCKBRIDGE DRIVE, AVON CT 06001
Elisabeth Indriani officer: CAO & Corporate Controller C/O ALBANY INTERNATIONAL CORP., 216 AIRPORT DRIVE, ROCHESTER NH 03867
John Michael Mcquade director C/O ALBANY INTERNATIONAL CORP, 216 AIRPORT DRIVE, ROCHESTER NH 03867
Katharine Plourde director 120 EAST END AVE, NEW YORK NY 10028
Erland E Kailbourne director C/O RAND CAPITAL CORP, 2200 RAND BUILDING, BUFFFALO NY 14203
Russell Toney director 3005 HIGHLAND PARKWAY, SUITE 200, DOWNERS GROVE IL 60515
Christina M Alvord director 1200 URBAN CENTER DRIVE, BIRMINGHAM AL 35242
Daniel A Halftermeyer officer: President, MC C/O ALBANY INTERNATIONAL CORP., P.O. BOX 1907, ALBANY NY 12201-1907
Christine L Standish director C/O ALBANY INTERNATIONAL CORP, PO BOX 1907, ALBANY NY 12201-1907
David M Pawlick officer: Vice President-Controller C/O ALBANY INTERNATIONAL CORP., P.O. BOX 1907, ALBANY NY 12201-1907
Alice Mccarvill officer: Exec VP Human Resources C/O ALBANY INTERNATIONAL CORP., 216 AIRPORT DRIVE, ROCHESTER NH 03867
Gregory N Harwell officer: President- AEC C/O ALBANY INTERNATIONAL CORP., 216 AIRPORT DRIVE, ROCHESTER NH 03867

Albany International (Albany International) Headlines

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