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CommScope Holding Co (CommScope Holding Co) Total Current Liabilities : $1,409 Mil (As of Dec. 2023)


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What is CommScope Holding Co Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. CommScope Holding Co's total current liabilities for the quarter that ended in Dec. 2023 was $1,409

CommScope Holding Co Total Current Liabilities Historical Data

The historical data trend for CommScope Holding Co'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.

CommScope Holding Co Total Current Liabilities Chart

CommScope Holding Co 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 2,042.00 1,953.40 2,182.50 2,107.50 1,409.40

CommScope Holding Co 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 2,107.50 1,802.30 1,721.60 1,546.50 1,409.40

CommScope Holding Co Total Current Liabilities Calculation

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

CommScope Holding Co'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
=575.1+68.5
+Other Current Liabilities+Current Deferred Liabilities
=680.4+85.4
=1,409

CommScope Holding Co'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
=575.1+68.5
+Other Current Liabilities+Current Deferred Liabilities
=680.4+85.4
=1,409

* 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

CommScope Holding Co Total Current Liabilities Related Terms

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CommScope Holding Co (CommScope Holding Co) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Hardware » CommScope Holding Co Inc (NAS:COMM) » Definitions » Total Current Liabilities
Comparable Companies
AVNW GILT CMTL ASTS CLFD NTGR AAOI ITI LTRX ITRN CSCO MSI SHSE:601138 HPE OHEL:NOKIA SZSE:000063 SHSE:688036 OSTO:ERIC B ZBRA TPE:2345
Traded in Other Exchanges
CM9:Germany CM9:Germany
Address
1100 CommScope Place, South East, Hickory, NC, USA, 28602
Website
https://www.commscope.com
CommScope Holding Co Inc is a provider of infrastructure solutions for communication, data center and entertainment networks. The company provides solutions for wired and wireless networks to enable service providers, including cable, telephone, data center and digital broadcast satellite operators and media programmers, to deliver media, voice, Internet Protocol (IP) data services and Wi-Fi to their subscribers and allow enterprises to experience constant wireless and wired connectivity across complex and varied networking environments. The company is into digital video and IP television (IPTV) distribution systems, broadband access infrastructure platforms and equipment that delivers data and voice networks to homes.
Executives
Linde Koen Ter officer: SVP & President, CCS COMMSCOPE HOLDING COMPANY, INC., 3642 US 70, CLAREMONT NC 28610
Watts Claudius E. Iv director THE CARLYLE GROUP, 101 S. TRYON STREET, 25TH FLOOR, CHARLOTTE NC 28280
Justin C Choi officer: SVP, Chief Legal Officer & Sec ANIXTER INTERNATIONAL INC., 2301 PATRIOT BLVD., GLENVIEW IL 60026
Kyle David Lorentzen officer: EVP & CFO 9968 GLASGOW COURT, DUBLIN OH 43017
Timothy T Yates director ONE SYMBOL PLAZA, HOLTSVILLE NY 11742
Charles L. Treadway director, officer: President and CEO 8155 T&B BOULEVARD, MEMPHIS TN 38125
John R. Carlson officer: SVP & Chief Commercial Officer C/O COMMSCOPE HOLDING COMPANY, INC., 1100 COMMSCOPE PLACE, SE, HICKORY NC 28602
Bartolomeo Giordano officer: SVP & President, NICS 1100 COMMSCOPE PL SE, C/O COMMSCOPE HOLDING COMPANY, INC., HICKORY NC 28602
Joanne M Maguire director 6801 ROCKLEDGE DRIVE, BETHESDA MD 20817
Farid Firouzbakht officer: SVP & President, OWN 3790 VIA DE LA VALLE, SUITE 311, DEL MAR CA 92014
Laurie S. Oracion officer: SVP & CAO C/O COMMSCOPE HOLDING COMPANY, INC., 1100 COMMSCOPE PLACE SE, HICKORY NC 28602
Frank M Drendel director, officer: Chairman of Board NEXTEL COMMUNICATIONS INC, 2001 EDMUND HALLEY DRIVE, RESTON VA 20191
Mindy Mackenzie director 510 LAKE COOK ROAD, DEERFIELD IL 60015
Markus R. Ogurek officer: SVP & President, NICS C/O COMMSCOPE HOLDING COMPANY, INC., 1100 COMMSCOPE PLACE SE, HICKORY NC 28602
Guy Sucharczuk officer: SVP & President, ANS C/O COMMSCOPE HOLDING COMPANY, INC., 1100 COMMSCOPE PLACE SE, HICKORY NC 28602