GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Velocys PLC (LSE:VLS) » Definitions » Total Current Liabilities

Velocys (LSE:VLS) Total Current Liabilities : £8.99 Mil (As of Jun. 2023)


View and export this data going back to 2006. Start your Free Trial

What is Velocys Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. Velocys's total current liabilities for the quarter that ended in Jun. 2023 was £8.99

Velocys Total Current Liabilities Historical Data

The historical data trend for Velocys'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.

Velocys Total Current Liabilities Chart

Velocys 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 5.98 10.28 9.80 11.37 4.09

Velocys 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 1.75 11.37 3.36 4.09 8.99

Velocys Total Current Liabilities Calculation

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

Velocys'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
=0.366+0.375
+Other Current Liabilities+Current Deferred Liabilities
=3.35+0
=4.09

Velocys'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
=6.165+0.549
+Other Current Liabilities+Current Deferred Liabilities
=2.272+0
=8.99

* 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

Velocys Total Current Liabilities Related Terms

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

Velocys (LSE:VLS) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Velocys PLC (LSE:VLS) » Definitions » Total Current Liabilities
Comparable Companies
LSE:GTC LSE:THAL LSE:NTQ LSE:PRES LSE:TAND LSE:POS SLB HAL BKR MIL:TEN FTI NOV SHSE:601808 WFRD CHX ASX:WOR XPAR:GTT VAL SHSE:600968 OSL:SUBC
Traded in Other Exchanges
OXFCF:USA VLS.GB:UK O7N:Germany
Address
Robert Robinson Avenue, Magdalen Centre, The Oxford Science Park, Oxford, GBR, OX4 4GA
Website
https://www.velocys.com
Velocys PLC is a UK-based company that is engaged in design, development, marketing, and sale of technology to produce synthetic fuels and specialty products. Its technology is specifically designed for smaller scale gas-to-liquids (GTL) and biomass-to-liquids (BTL). The company's technology turns natural gas or biomass into premium products, such as diesel, jet fuel, waxes, and base oils. The business has a single operating segment: the synthetic fuels segment. Geographically, it derives a majority of revenue from the Americas and has a presence in Europe and the Asia Pacific.

Velocys (LSE:VLS) Headlines

No Headlines