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Euro Group Laminations SpA (MIL:EGLA) Total Current Liabilities : €507.0 Mil (As of Dec. 2024)


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What is Euro Group Laminations SpA Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. Euro Group Laminations SpA's total current liabilities for the quarter that ended in Dec. 2024 was €507.0

Euro Group Laminations SpA Total Current Liabilities Historical Data

The historical data trend for Euro Group Laminations SpA'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.

Euro Group Laminations SpA Total Current Liabilities Chart

Euro Group Laminations SpA Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Total Current Liabilities
Get a 7-Day Free Trial 240.54 383.19 510.93 478.48 506.98

Euro Group Laminations SpA Semi-Annual Data
Dec19 Dec20 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
Total Current Liabilities Get a 7-Day Free Trial Premium Member Only 510.93 452.16 478.48 515.09 506.98

Euro Group Laminations SpA Total Current Liabilities Calculation

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

Euro Group Laminations SpA's Total Current Liabilities for the fiscal year that ended in Dec. 2024 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=316.438+186.643
+Other Current Liabilities+Current Deferred Liabilities
=3.898+0
=507.0

Euro Group Laminations SpA's Total Current Liabilities for the quarter that ended in Dec. 2024 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=316.438+186.643
+Other Current Liabilities+Current Deferred Liabilities
=3.898+0
=507.0

* 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

Euro Group Laminations SpA Total Current Liabilities Related Terms

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Euro Group Laminations SpA Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Euro Group Laminations SpA (MIL:EGLA) » Definitions » Total Current Liabilities
Comparable Companies
MIL:BSS MIL:ILP MIL:RDUE MIL:ESAU MIL:VLT MIL:SIT MIL:TES MIL:MARP MIL:CLABO MIL:VNE XTER:SIE XPAR:SU GEV ETN PH XTER:ENR TSE:7011 OSTO:ATCO A EMR ITW
Traded in Other Exchanges
QK9:Germany
Address
Via Stella Rosa, 48, Baranzate, Milan, ITA, 20021
Website
https://www.euro-group.it
Euro Group Laminations SpA develops and produces stators and rotors for rotating electrical machines and large electric motors. The group is organized into two operating segments: the EV and Automotive segment, which derives maximum revenue, represents the sale of rotors and stators used in electric vehicle traction systems. The Industrial segment produces components mainly for the home, logistics, energy, Pumps, HVAC, tools, and other diversified industries. Geographically, the company derives a majority of its revenue from Italy and the rest from Mexico, the United States, China, and India.

Euro Group Laminations SpA Headlines