GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Nucor Corp (FRA:NUO) » Definitions » Total Current Liabilities

Nucor (FRA:NUO) Total Current Liabilities : €3,354 Mil (As of Mar. 2024)


View and export this data going back to 1972. Start your Free Trial

What is Nucor Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. Nucor's total current liabilities for the quarter that ended in Mar. 2024 was €3,354


Nucor Total Current Liabilities Historical Data

The historical data trend for Nucor'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.

Nucor Total Current Liabilities Chart

Nucor 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 2,217.40 2,160.10 4,564.31 4,087.28 4,213.17

Nucor Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 3,577.16 3,695.85 4,013.97 4,213.17 3,354.30

Nucor Total Current Liabilities Calculation

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

Nucor'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
=4035.897+177.268
+Other Current Liabilities+Current Deferred Liabilities
=0+0
=4,213

Nucor's Total Current Liabilities for the quarter that ended in Mar. 2024 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=3166.717+187.581
+Other Current Liabilities+Current Deferred Liabilities
=-4.5474735088646E-13+0
=3,354

* 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


Nucor Total Current Liabilities Related Terms

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


Nucor (FRA:NUO) Business Description

Industry
Traded in Other Exchanges
Address
1915 Rexford Road, Charlotte, NC, USA, 28211
Nucor Corp manufactures steel and steel products. The company also produces direct reduced iron for use in its steel mills. The operations include international trading and sales companies that buy and sell steel and steel products manufactured by the company and others. The operating business segments are: steel mills, steel products, and raw materials, the steel mills segment derives maximum revenue. The steel mills segment includes carbon and alloy steel in sheet, bars, structural and plate; steel trading businesses; rebar distribution businesses; and Nucor's equity method investments in NuMit and NJSM.

Nucor (FRA:NUO) Headlines

From GuruFocus

Seven Nuveen Closed-End Funds Declare Capital Gains

By Business Wire Business Wire 12-01-2021

Two Nuveen Closed-End Funds Declare Capital Gains

By Business Wire Business Wire 12-01-2022

Seven Nuveen Closed-End Funds Declare Capital Gains

By Business Wire Business Wire 12-02-2020

Nuveen Municipal Closed-End Funds Announce Completion of Mergers

By Business Wire Business Wire 04-17-2023

Nuveen Closed-End Funds Announce Intention to Redeem Preferred Shares

By Business Wire Business Wire 03-24-2023