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Siddharth Education Services (BOM:540736) Total Current Liabilities : ₹48.57 Mil (As of Mar. 2020)


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What is Siddharth Education Services Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. Siddharth Education Services's total current liabilities for the quarter that ended in Mar. 2020 was ₹48.57


Siddharth Education Services Total Current Liabilities Historical Data

The historical data trend for Siddharth Education Services'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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Siddharth Education Services Total Current Liabilities Chart

Siddharth Education Services Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20
Total Current Liabilities
17.12 20.25 13.80 157.06 48.57

Siddharth Education Services Semi-Annual Data
Mar16 Mar17 Mar18 Mar19 Mar20
Total Current Liabilities 17.12 20.25 13.80 157.06 48.57

Siddharth Education Services Total Current Liabilities Calculation

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

Siddharth Education Services's Total Current Liabilities for the fiscal year that ended in Mar. 2020 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=14.773+20.845
+Other Current Liabilities+Current Deferred Liabilities
=12.954+0
=48.57

Siddharth Education Services's Total Current Liabilities for the quarter that ended in Mar. 2020 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=14.773+20.845
+Other Current Liabilities+Current Deferred Liabilities
=12.954+0
=48.57

* 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


Siddharth Education Services Total Current Liabilities Related Terms

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Siddharth Education Services (BOM:540736) Business Description

Traded in Other Exchanges
N/A
Address
101, First Floor, Chirag Arcade, E. R. ROAD, Behind Nagrik Stores, Near Ashok Cinema, Thane, MH, IND, 400 601
Siddharth Education Services Ltd is engaged in providing tutorial coaching services for students of professional courses. The company offers tutorial services to C.S., C.A., and C.M.A under the brand name of Siddharth Academy. It is also engaged in the farming business. The company generates its revenue from Education Fees, Farming Activities, and Online Education Service.

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