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Pennant International Group (LSE:PEN) Total Current Liabilities : £9.66 Mil (As of Jun. 2023)


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What is Pennant International Group Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. Pennant International Group's total current liabilities for the quarter that ended in Jun. 2023 was £9.66

Pennant International Group Total Current Liabilities Historical Data

The historical data trend for Pennant International Group'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.

Pennant International Group Total Current Liabilities Chart

Pennant International Group Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Total Current Liabilities
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.53 6.88 7.77 9.04 8.05

Pennant International Group Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
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 7.69 9.04 10.14 8.05 9.66

Pennant International Group Total Current Liabilities Calculation

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

Pennant International Group'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
=2.741+1.707
+Other Current Liabilities+Current Deferred Liabilities
=3.603+0
=8.05

Pennant International Group's Total Current Liabilities for the quarter that ended in Jun. 2023 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=6.022+3.019
+Other Current Liabilities+Current Deferred Liabilities
=0.615+0
=9.66

* 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

Pennant International Group Total Current Liabilities Related Terms

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Pennant International Group (LSE:PEN) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » Pennant International Group PLC (LSE:PEN) » Definitions » Total Current Liabilities
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Traded in Other Exchanges
N/A
Address
Old Gloucester Road, Unit D1 Staverton Connection, Cheltenham, Gloucestershire, GBR, GL51 6TL
Website
https://www.pennantplc.co.uk
Pennant International Group PLC is engaged in the delivery of integrated support solutions. The company has two operating segments: Technical Training, and Integrated Product Support. It offers a range of services that cover training equipment, hardware, and related support, including simulation, virtual reality, and computer-based training, technical documentation, media development, software development, and related consultancy. It operates in four geographical areas - the United Kingdom, USA, Canada, and Australia of which the United Kingdom contributes majority of the total revenue. It operates in a broad spectrum of market sectors, including the defense, rail, power and aerospace sectors and with government departments.