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Monro (MNRO) Total Current Liabilities

: $487 Mil (As of Dec. 2023)
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Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. Monro's total current liabilities for the quarter that ended in Dec. 2023 was $487

Monro Total Current Liabilities Historical Data

The historical data trend for Monro'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.

Monro Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Total Current Liabilities
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 218.45 254.94 290.62 321.96 449.18

Monro Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Total Current Liabilities 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 Premium Member Only Premium Member Only Premium Member Only 427.35 449.18 480.68 472.37 486.63

Monro Total Current Liabilities Calculation

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

Monro's Total Current Liabilities for the fiscal year that ended in Mar. 2023 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=325.957+77.502
+Other Current Liabilities+Current Deferred Liabilities
=30.296+15.422
=449

Monro's Total Current Liabilities for the quarter that ended in Dec. 2023 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=360.736+77.811
+Other Current Liabilities+Current Deferred Liabilities
=32.658+15.427
=487

* 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

Monro Total Current Liabilities Related Terms

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Monro (MNRO) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Monro Inc (NAS:MNRO) » Definitions » Total Current Liabilities
Comparable Companies
AXL LAZR SMP ECX SES MLR PLOW HLLY SRI XPEL TSE:7315 TSE:6902 TSE:5108 XPAR:ML MBLY APTV XKRX:012330 TSX:MG SHSE:600660 XTER:CON
Traded in Other Exchanges
MR2:Germany MR2:Germany
Address
200 Holleder Parkway, Rochester, NY, USA, 14615
Website
https://www.monro.com
Monro Inc is a provider automobile service stations in the United States. Through its network of company-owned service stations, Monro Muffler Brake offers maintenance, repair, tire, and fleet management services for automobiles focused largely on undercar services such as brake, steering, exhaust, drivetrain, and suspension systems. Next to service stores, the company also offers tire stores specialised in tire replacement and service.
Executives
Michael T Broderick director, officer: CEO & President 26555 NORTHWESTERN HIGHWAY, SOUTHFIELD MI 48033
Hope B Woodhouse director 1601 UTICA AVENUE, SUITE 900, ST. LOUIS PARK MN 55416
John L Auerbach director 200 HOLLEDER PARKWAY, ROCHESTER NY 14615
Leah C. Johnson director 182 NORTH UNION AVENUE, FARMINGTON UT 84025
Stephen C Mccluski director 80 ARKAY DRIVE, HAUPPAUGE NY 11788
Nicholas P Hawryschuk officer: Vice President - Finance 200 HOLLEDER PARKWAY, ROCHESTER NY 14615
Matt Henson officer: Chief Human Resource Officer 200 HOLLEDER PARKWAY, ROCHESTER NY 14615
Peter J Solomon director C/O PETER J SOLOMON COMPANY, 520 MADISON AVENUE, 29TH FLOOR, NEW YORK NY 10022
Brian D Odonnell officer: SVP - Training 200 HOLLEDER PARKWAY, ROCHESTER NY 14615
Robert E Mellor director SEVEN MADRONE AVE, KENTFIELD CA 94904
Robert Rajkowski officer: COO 200 HOLLEDER PARKWAY, ROCHESTER NY 14615
Donna Maxwell officer: CHRO 200 HOLLEDER PARKWAY, ROCHESTER NY 14615
Donald Glickman director 535 MADISON AVENUE, NEW YORK NY 10022
Maureen Mulholland officer: Senior VP, General Counsel C/O MONRO, INC., 200 HOLLEDER PARKWAY, ROCHESTER NY 14615
Raymond L Pickens officer: Divisional Vice President 6606 SWEET AIR LANE, ELDERSBURG MD 21784

Monro (MNRO) Headlines

From GuruFocus

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Monro, Inc. Announces First Quarter Fiscal 2024 Financial Results

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Monro, Inc. to Report First Quarter Fiscal 2023 Earnings on July 27, 2022

By Business Wire Business Wire • 07-13-2022

Monro, Inc. to Report First Quarter Fiscal 2024 Earnings on July 26, 2023

By Business Wire • 07-12-2023

Monro, Inc. to Participate at the 2023 RBC Capital Markets Consumer Day

By Business Wire Business Wire • 06-01-2023