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Market (ASX:MKT) Total Current Liabilities : A$28.82 Mil (As of Dec. 2023)


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What is Market Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. Market's total current liabilities for the quarter that ended in Dec. 2023 was A$28.82

Market Total Current Liabilities Historical Data

The historical data trend for Market'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.

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Market Total Current Liabilities Chart

Market Annual Data
Trend Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Total Current Liabilities
Get a 7-Day Free Trial 1.82 11.01 10.94 15.31 32.21

Market Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 11.15 15.31 104.66 32.21 28.82

Market Total Current Liabilities Calculation

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

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

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=11.705+11.584
+Other Current Liabilities+Current Deferred Liabilities
=3.83+5.087
=32.21

Market'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
=10.49+9.368
+Other Current Liabilities+Current Deferred Liabilities
=7.221+1.736
=28.82

* 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

Market Total Current Liabilities Related Terms

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Market (ASX:MKT) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Market Ltd (ASX:MKT) » Definitions » Total Current Liabilities
Comparable Companies
ASX:ART ASX:RMY ASX:TNY ASX:FGL ASX:SHO ASX:RNT ASX:CHL ASX:LVE ASX:AFW ASX:FDV GOOGL META HKSE:00700 XAMS:PRX BIDU SPOT DASH JSE:NPN HKSE:01024 XKRX:035420
Traded in Other Exchanges
N/A
Address
Level 11, BGC Centre, 28 The Esplanade, Perth, WA, AUS, 6000
Website
https://www.themarketherald.com.au
Market Ltd Formerly The Market Herald Ltd is engaged in the provision of a stock market internet discussion forum, communications and investor relations, consultancy services, and a news platform. The company has Three operating segments, which involve the operation of the HotCopper and the Market Herald websites, The Market Herald segment, and the Stockhouse website, being the Stockhouse segment. car leasing business, being the Subscribacar segment. The stock House Segment Generates maximum revenue.

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