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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. Cornerstone Building Brands's total current liabilities for the quarter that ended in Mar. 2022 was $895
The historical data trend for Cornerstone Building Brands'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.
Cornerstone Building Brands's Total Current Liabilities for the fiscal year that ended in Dec. 2021 is calculated as
Total Current Liabilities | = | Accounts Payable & Accrued Expense | + | Short-Term Debt & Capital Lease Obligation |
= | 655.121 | + | 99.15 | |
+ | Other Current Liabilities | + | Current Deferred Liabilities | |
= | 101.164 | + | 0 | |
= | 855 |
Cornerstone Building Brands's Total Current Liabilities for the quarter that ended in Mar. 2022 is calculated as
Total Current Liabilities | = | Accounts Payable & Accrued Expense | + | Short-Term Debt & Capital Lease Obligation |
= | 729.064 | + | 83.477 | |
+ | Other Current Liabilities | + | Current Deferred Liabilities | |
= | 82.79 | + | 0 | |
= | 895 |
* 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 Cornerstone Building Brands's Total Current Liabilities provided by GuruFocus.com. Please click on the following links to see related term pages.
Rose Lee | director, officer: PRESIDENT & CEO | C/O CROWN HOLDINGS, INC., 770 TOWNSHIP LINE ROAD, YARDLEY PA 19067 |
Judith A Reinsdorf | director | C. R. BARD, INC., 730 CENTRAL AVENUE, MURRAY HILL NJ 07974 |
Alena Brenner | officer: EVP, GC and Corp. Sec. | 5020 WESTON PARKWAY, SUITE 400 CARY NC 27513 |
Jeffrey S. Lee | officer: EVP, CFO | 5020 WESTON PARKWAY, SUITE 400 CARY NC 27513 |
Katy Theroux | officer: Executive VP, Chief HR Officer | 10943 N. SAM HOUSTON PARKWAY W. HOUSTON TX 77056 |
Daniel C. Janki | director | 5020 WESTON PARKWAY, SUITE 400, CARY NC 27513 |
Timothy J. Obrien | director | C/O NCI BUILDING SYSTEMS, INC. 10943 NORTH SAM HOUSTON PARKWAY WEST HOUSTON TX 77064 |
George L. Ball | director | 10943 N. SAM HOUSTON PARKWAY W., HOUSTON TX 77064 |
William E Jackson | director | ONE NEENAH CENTER, 4TH FLOOR P.O. BOX 669 NEENAH WI 54957 |
Kathleen J Affeldt | director | |
John J Holland | director | 26602 W. GREENTREE, OLATHE KS 66061 |
James Keppler | officer: EVP, OPERATIONS | 5020 WESTON PARKWAY SUITE 400 CARY NC 27513 |
James Wilbert W Jr | director | 16100 SOUTH LATHROP AVENUE, HARVEY IL 60426 |
Wayne Irmiter | officer: SVP, CAO | 5020 WESTON PARKWAY CAY NC 27513 |
Atrium Window Holdings, Llc | 10 percent owner | C/O GOLDEN GATE PRIVATE EQUITY, INC. 1 EMBARCADERO CENTER SAN FRANCISCO CA 94111 |
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