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NNN REIT (NNN REIT) Total Current Liabilities : $166.4 Mil (As of Dec. 2023)


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What is NNN REIT Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. NNN REIT's total current liabilities for the quarter that ended in Dec. 2023 was $166.4

NNN REIT Total Current Liabilities Historical Data

The historical data trend for NNN REIT'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.

NNN REIT Total Current Liabilities Chart

NNN REIT Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Current Liabilities
Get a 7-Day Free Trial Premium Member Only Premium Member Only 151.85 19.40 23.92 190.03 166.37

NNN REIT 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 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 190.03 267.22 357.28 60.77 166.37

NNN REIT Total Current Liabilities Calculation

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

NNN REIT's Total Current Liabilities for the fiscal year that ended in Dec. 2023 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=34.374+132
+Other Current Liabilities+Current Deferred Liabilities
=0+0
=166.4

NNN REIT'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
=34.374+132
+Other Current Liabilities+Current Deferred Liabilities
=0+0
=166.4

* 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

NNN REIT Total Current Liabilities Related Terms

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NNN REIT (NNN REIT) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » NNN REIT Inc (NYSE:NNN) » Definitions » Total Current Liabilities
Comparable Companies
FRT BRX ADC KRG REG PECO MAC SKT SITC KIM SPG O ASX:SCG XPAR:URW HKSE:00823 SGX:C38U XPAR:LI ASX:VCX TSE:8953 TSX:REI.UN
Traded in Other Exchanges
CZ2:Germany CZ2:Germany
Address
450 South Orange Avenue, Suite 900, Orlando, FL, USA, 32801
Website
https://www.nnnreit.com
NNN REIT Inc is a real estate investment trust that invests in and develops properties throughout the United States. The company generates revenue from leasing properties to tenants, including convenience stores, automotive services, fitness centers, theatres, restaurants, and banks. Rents from convenience stores and restaurants contribute the majority proportion of total revenue, followed by automotive services, entertainment venues, and others. maximum of the company's properties are located in the South and Southeast of the United States.
Executives
Christopher Paul Tessitore officer: Executive Officer 450 SOUTH ORANGE AVENUE, SUITE 900, ORLANDO FL 32801
Jonathan Adamo officer: EVP, Portfolio Operations 450 S. ORANGE AVE., SUITE 900, ORLANDO FL 32801
Michelle Lynn Miller officer: EVP & Chief Accounting Officer 450 S ORANGE AVE, STE 900, ORLANDO FL 32801-3339
Elizabeth Gulacsy director C/O SEAWORLD ENTERTAINMENT, INC., 9205 SOUTH PARK CENTER LOOP, SUITE 400, ORLANDO FL 32819
Kevin B Habicht director, officer: EVP & CFO CNL REALTY INC, 450 SOUTH ORANGE AVENUE, ORLANDO FL 32801
Kamau Omari Witherspoon director 450 S. ORANGE AVE., SUITE 900, ORLANDO FL 32801
Julian E Whitehurst officer: EVP & General Counsel
Horn Stephen A Jr officer: EVP & Chief Acquisitions Offic 450 S. ORANGE AVE., SUITE 900, ORLANDO FL 32801
Steven D Cosler director PRIORITY HEALTHCARE CORPORATION, 250 TECHNOLOGY PARK, LAKE MARY FL 32746-6232
David M Fick director 450 S. ORANGE AVE., SUITE 900, ORLANDO FL 32801
Paul Eugene Bayer officer: Executive Officer 450 SOUTH ORANGE AVENUE, SUITE 900, ORLANDO FL 32801
Betsy D Holden director DENTSPLY SIRONA INC, 13320 BALLANTYNE CORPORATE PLACE, CHARLOTTE NC 28277
Craig Macnab officer: Chief Executive Officer C/O JDN PEALTY CORP, 359 EAST PACES FERRY RD, ATLANTA GA 30305
Beall Pamela K.m. director C/O MARATHON PETROLEUM CORPORATION, 539 S. MAIN STREET, FINDLAY OH 45840
Ted B Lanier director CNL REALTY INC, 450 SOUTH ORANGE AVENUE, ORLANDO FL 32801