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Veeram Securities (BOM:540252) Total Current Liabilities : ₹62.1 Mil (As of Dec. 2024)


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What is Veeram Securities Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. Veeram Securities's total current liabilities for the quarter that ended in Dec. 2024 was ₹62.1


Veeram Securities Total Current Liabilities Historical Data

The historical data trend for Veeram Securities'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.

Veeram Securities Total Current Liabilities Chart

Veeram Securities 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 94.37 7.16 0.96 7.52 9.34

Veeram Securities Quarterly Data
Mar19 Sep19 Mar20 Sep20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 - 9.34 - 58.03 62.12

Veeram Securities Total Current Liabilities Calculation

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

Veeram Securities'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
=0.637+0
+Other Current Liabilities+Current Deferred Liabilities
=8.703+0
=9.3

Veeram Securities's Total Current Liabilities for the quarter that ended in Dec. 2024 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=53.358+0
+Other Current Liabilities+Current Deferred Liabilities
=8.757+0
=62.1

* 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


Veeram Securities Total Current Liabilities Related Terms

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Veeram Securities Business Description

Traded in Other Exchanges
N/A
Address
Ramdevnagar Road, Ground Floor & First Floor, 7, Natvarshyam Co Op Ho So Ltd, Opposite Orchid Park, Satellite, Ahmedabad, GJ, IND, 380051
Veeram Securities Ltd is engaged in the wholesale business of gold and silver. The company operates in the jewellery business which is integrated as a wholesaler, Retailer, and trader of branded jewellery and ornaments like Rings, Bracelets, Chains, Anklets, and others.

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