AZREF (Azure Power Global) Total Current Liabilities: $669.2 Mil (As of Mar. 2024)


AZREF Azure Power Global Ltd AZREF
12 GF Score
Price $1.00
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What is Azure Power Global Total Current Liabilities?

Azure Power Global AZREF 12 Total Current Liabilities is $669.2 Mil as of Mar. 2024. GuruFocus rates AZREF with a GF Score™ of 12/100.

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. Azure Power Global's total current liabilities for the quarter that ended in Mar. 2024 was $669.2

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

Azure Power Global Total Current Liabilities Related Terms

Azure Power Global Total Current Liabilities Historical Data

* Premium members only.

The historical data trend for Azure Power Global'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.

Azure Power Global Total Current Liabilities Chart

Azure Power Global Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Total Current Liabilities
Get a 7-Day Free Trial Premium Member Only Premium Member Only 123.75 330.45 349.31 318.47 669.15

Azure Power Global Semi-Annual Data
Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Total Current Liabilities Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 123.75 330.45 349.31 318.47 669.15
AZREF
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Azure Power Global Ltd AZREF
Total Current Liabilities is just one metric. See GF Score™, valuation, warning signs, and more.
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Azure Power Global Total Current Liabilities Calculation

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

Azure Power Global's Total Current Liabilities for the fiscal year that ended in Mar. 2024 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=80.473+557.471
+Other Current Liabilities+Current Deferred Liabilities
=27.439+3.77
=669.2

Azure Power Global's Total Current Liabilities for the quarter that ended in Mar. 2024 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=80.473+557.471
+Other Current Liabilities+Current Deferred Liabilities
=27.439+3.77
=669.2

* 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.

What does a Total Current Liabilities of $669.2 Mil mean?
Azure Power Global (AZREF) has a Total Current Liabilities of $669.2 Mil as of Mar. 2024. The total amount of liabilities with maturity less than one year as recorded on a company's balance sheet. View historical data for Azure Power Global and its competitors.
Is Azure Power Global's Total Current Liabilities too high?
Azure Power Global's current Total Current Liabilities is $669.2 Mil. Overall, Azure Power Global has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Azure Power Global's Total Current Liabilities compare to SAFX and VGAS?
Azure Power Global's Total Current Liabilities of $669.2 Mil can be compared against companies in the Utilities - Independent Power Producers industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Current Liabilities for an Utilities - Independent Power Producers company?
A good Total Current Liabilities depends on the Utilities - Independent Power Producers industry context. However, Total Current Liabilities should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Total Current Liabilities mean?
A high Total Current Liabilities can signal that a stock is expensive relative to its fundamentals. The total amount of liabilities with maturity less than one year as recorded on a company's balance sheet. View historical data for Azure Power Global and its competitors. Azure Power Global's current Total Current Liabilities is $669.2 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Azure Power Global stock overvalued right now?
Azure Power Global (AZREF) has a current Total Current Liabilities of $669.2 Mil. The current Total Current Liabilities is $669.2 Mil. Azure Power Global's overall GF Score™ is 12/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Current Liabilities calculated?
Total Current Liabilities is calculated from a company's financial statements. For Azure Power Global (AZREF), the current Total Current Liabilities is $669.2 Mil as of Mar. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Azure Power Global Business Description

Address Phase II, 8th Floor, Tower A, DLF Infinity, Cyber City, Gurugram, HR, IND, 122002
Azure Power Global Ltd is a utility-scale renewable energy project developer and operator. It is engaged in the development, construction, ownership, operation, maintenance, and management of renewable energy assets based on long-term contracts (Power Purchase Agreements or PPA) with Indian Government energy distribution companies, as well as other Indian non-governmental energy distribution companies and commercial customers.
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Total Current Liabilities is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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