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Myanmar Investments International (AQSE:MIL.GB) Total Current Liabilities : $0.28 Mil (As of Sep. 2022)


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What is Myanmar Investments International Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. Myanmar Investments International's total current liabilities for the quarter that ended in Sep. 2022 was $0.28


Myanmar Investments International Total Current Liabilities Historical Data

The historical data trend for Myanmar Investments International'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.

Myanmar Investments International Total Current Liabilities Chart

Myanmar Investments International Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Sep21
Total Current Liabilities
Get a 7-Day Free Trial 0.14 0.64 0.45 0.39 0.32

Myanmar Investments International Semi-Annual Data
Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Mar21 Sep21 Mar22 Sep22
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 0.34 0.25 0.32 0.27 0.28

Myanmar Investments International Total Current Liabilities Calculation

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

Myanmar Investments International's Total Current Liabilities for the fiscal year that ended in Sep. 2021 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=0.208+0
+Other Current Liabilities+Current Deferred Liabilities
=0.107+0
=0.32

Myanmar Investments International's Total Current Liabilities for the quarter that ended in Sep. 2022 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=0.277+0
+Other Current Liabilities+Current Deferred Liabilities
=0+0
=0.28

* 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


Myanmar Investments International Total Current Liabilities Related Terms

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Myanmar Investments International Business Description

Traded in Other Exchanges
N/A
Address
Wickhams Cay I, Jayla Place, Tortola, Road Town, VGB, VG1110
Myanmar Investments International Ltd is an investment company. The company aims to produce long-term capital appreciation and income from proactive participation in Myanmar's re-emergence. The company makes investments in companies, businesses, or assets located in Myanmar. The company invests in sectors such as telecoms, finance, and healthcare.

Myanmar Investments International Headlines

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