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MY E.G.Services Bhd (XKLS:0138) Total Current Liabilities : RM286.5 Mil (As of Dec. 2023)


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What is MY E.G.Services Bhd Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. MY E.G.Services Bhd's total current liabilities for the quarter that ended in Dec. 2023 was RM286.5


MY E.G.Services Bhd Total Current Liabilities Historical Data

The historical data trend for MY E.G.Services Bhd'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.

MY E.G.Services Bhd Total Current Liabilities Chart

MY E.G.Services Bhd Annual Data
Trend Jun12 Jun13 Jun14 Jun15 Jun16 Jun17 Dec20 Dec21 Dec22 Dec23
Total Current Liabilities
Get a 7-Day Free Trial Premium Member Only Premium Member Only 195.57 148.79 240.76 339.56 286.46

MY E.G.Services Bhd Quarterly Data
Mar18 Dec18 Mar19 Jun19 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 339.56 355.67 359.43 279.28 286.46

MY E.G.Services Bhd Total Current Liabilities Calculation

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

MY E.G.Services Bhd'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
=74.782+152.194
+Other Current Liabilities+Current Deferred Liabilities
=59.488+0
=286.5

MY E.G.Services Bhd'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
=74.782+152.194
+Other Current Liabilities+Current Deferred Liabilities
=59.488+0
=286.5

* 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


MY E.G.Services Bhd Total Current Liabilities Related Terms

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MY E.G.Services Bhd (XKLS:0138) Business Description

Traded in Other Exchanges
N/A
Address
No. 8, Jalan Damansara, PJU 8, Level 43A, MYEG Tower, Empire City, Petaling Jaya, SGR, MYS, 47820
MY E.G.Services Bhd, or MYEG, provides electronic government solutions and services in Malaysia. The company is majorly engaged in the development and implementation of the Electronic Government Services project, the provision of other related services, and investment holding. Electronic Government Services include the testing, issuance, and renewal of drivers' licenses, renewal of vehicle road tax, vehicle ownership transfer, the renewal of foreign workers permits, bankruptcy status searches, and payment systems. It also provides commercial offerings, such as insurance, credit and debit payment solutions, tracking systems, and telecommunications services. It derives the majority of revenue from Malaysia.

MY E.G.Services Bhd (XKLS:0138) Headlines

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