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Essential Utilities (Essential Utilities) Total Current Liabilities : $798 Mil (As of Dec. 2023)


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What is Essential Utilities Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. Essential Utilities's total current liabilities for the quarter that ended in Dec. 2023 was $798

Essential Utilities Total Current Liabilities Historical Data

The historical data trend for Essential Utilities'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.

Essential Utilities Total Current Liabilities Chart

Essential Utilities 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 323.46 603.87 675.06 1,021.87 797.93

Essential Utilities 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 1,021.87 803.29 765.14 896.57 797.93

Essential Utilities Total Current Liabilities Calculation

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

Essential Utilities'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
=539.119+227.538
+Other Current Liabilities+Current Deferred Liabilities
=31.27+0
=798

Essential Utilities'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
=539.119+227.538
+Other Current Liabilities+Current Deferred Liabilities
=31.27+0
=798

* 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

Essential Utilities Total Current Liabilities Related Terms

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Essential Utilities (Essential Utilities) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Essential Utilities Inc (NYSE:WTRG) » Definitions » Total Current Liabilities
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Traded in Other Exchanges
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Address
762 West Lancaster Avenue, Bryn Mawr, PA, USA, 19010-3489
Website
https://www.essential.co
Essential Utilities is a Pennsylvania-based holding company for U.S. water, wastewater, and natural gas distribution utilities. The company's water business serves 3 million people in eight states. Nearly three fourths of its water earnings come from Pennsylvania, primarily suburban Philadelphia. Its Peoples subsidiary serves more than 700,000 gas distribution customers in Pennsylvania and Kentucky. Essential exited its noncore competitive water and energy services businesses.
Executives
Roderick K West director 1600 PERDIDO STREET, BLDG 505, NEW ORLEANS LA 70112
Arnold Colleen officer: President 762 W. LANCASTER AVENUE, BRYN MAWR PA 19010
Chris Franklin officer: Aqua America Southern Oper 762 W.LANCASTER AVE, BRYN MAWR PA 19010
Michael Huwar officer: President 762 W. LANCASTER AVENUE, BRYN MAWR PA 19010
Ellen T Ruff director 762, W LANCASTER AVE, BRYN MAWR PA 19010
Wilbert Bryan Lewis director 762 W. LANCASTER AVENUE, BRYN MAWR PA 19010
Robert A Rubin officer: Chief Accounting Officer 762 W LANCASTER AVE, BRYN MAWR PA 19010
Daniel Schuller officer: Executive Vice President 40 SACHEM ROAD, GREENWICH CT 06830
David Alan Ciesinski director H. J. HEINZ COMPANY, P.O. BOX 57, PITTSBURGH PA 15230
Edwina Kelly director 510 MADISON AVENUE, 15FL, NEW YORK NY 10022
Richard Scott Fox officer: Chief Operating Officer 14812 BALLANTYNE COUNTRY CLUB DRIVE, CHARLOTTE NC 28277
Matthew Rhodes officer: EVP, Strategy & Corp Dev 762 LANCASTER AVE, BRYN MAWR PA 19010
Wendy Franks director ONE QUEEN STREET EAST, SUITE 2500, TORONTO A6 M5C 2W5
Hilferty Daniel J Iii director C/O FS INVESTMENT CORPORATION III, CIRA CENTRE, 2929 ARCH STREET, SUITE 675, PHILADELPHIA PA 19104
Christopher Paul Luning officer: Sr. VP, General Counsel & Sec 762 W. LANCASTER AVE, BRYN MAWR PA 19010