Grupo PosadasB de CV (MEX:POSADASA) Total Current Liabilities

Grupo PosadasB de CV Total Current Liabilities Calculation

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

Grupo PosadasB de CV's Total Current Liabilities for the fiscal year that ended in Dec. 2021 is calculated as

Grupo PosadasB de CV's Total Current Liabilities for the quarter that ended in Sep. 2022 is calculated as

* 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

Grupo PosadasB de CV Total Current Liabilities Related Terms

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Grupo PosadasB de CV (MEX:POSADASA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Grupo Posadas SAB de CV (MEX:POSADASA) » Definitions » Total Current Liabilities

Comparable Companies

MEX:HCITY MEX:HOTEL NAS:MAR NYSE:HLT NAS:HTHT NYSE:H LSE:IHG SHSE:600754 XPAR:AC LSE:WTB NYSE:CHH SZSE:000069 NYSE:WH BOM:500850 BKK:MINT SHSE:600258 HKSE:00069 SGX:M04 XMAD:NHH HKSE:00045

Traded in Other Exchanges

N/A

Address

Prolongacion Paseo de la Reforma 1015, Torre A, Piso 9, Col. Santa Fe Cuajimalpa, Delegacion Cuajimalpa, Mexico, MEX, MEX, 05348

Website

http://www.posadas.com

Grupo Posadas SAB de CV is a Mexico-based company engaged in the hospitality industry. Its principal activities include construction, purchase, leasing, promotion, franchising, operation and management of hotels. The company's operating segment includes Hotel operation; Vacation Club; Hotel management, brand and other and Sale of non-strategic properties. It generates maximum revenue from the Hotel operation segment.