GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Gujarat Hy-Spin Ltd (BOM:540938) » Definitions » Total Current Liabilities

Gujarat Hy-Spin (BOM:540938) Total Current Liabilities : ₹147.0 Mil (As of Sep. 2023)


View and export this data going back to 2018. Start your Free Trial

What is Gujarat Hy-Spin Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. Gujarat Hy-Spin's total current liabilities for the quarter that ended in Sep. 2023 was ₹147.0

Gujarat Hy-Spin Total Current Liabilities Historical Data

The historical data trend for Gujarat Hy-Spin'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.

Gujarat Hy-Spin Total Current Liabilities Chart

Gujarat Hy-Spin Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Total Current Liabilities
Get a 7-Day Free Trial Premium Member Only Premium Member Only 255.37 299.58 193.98 163.03 147.93

Gujarat Hy-Spin Semi-Annual Data
Mar13 Mar14 Mar15 Mar16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 163.62 163.03 162.10 147.93 147.01

Gujarat Hy-Spin Total Current Liabilities Calculation

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

Gujarat Hy-Spin's Total Current Liabilities for the fiscal year that ended in Mar. 2023 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=23.578+109.683
+Other Current Liabilities+Current Deferred Liabilities
=14.67+0
=147.9

Gujarat Hy-Spin's Total Current Liabilities for the quarter that ended in Sep. 2023 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=18.916+101.559
+Other Current Liabilities+Current Deferred Liabilities
=26.531+0
=147.0

* 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

Gujarat Hy-Spin Total Current Liabilities Related Terms

Thank you for viewing the detailed overview of Gujarat Hy-Spin's Total Current Liabilities provided by GuruFocus.com. Please click on the following links to see related term pages.

Gujarat Hy-Spin (BOM:540938) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Gujarat Hy-Spin Ltd (BOM:540938) » Definitions » Total Current Liabilities
Comparable Companies
BOM:500192 BOM:533301 BOM:521178 BOM:521222 BOM:543274 BOM:540198 BOM:531411 BOM:521068 BOM:514028 BOM:514113 HKSE:02313 SHSE:600346 SZSE:000301 IST:SASA TSE:3402 TPE:1402 SHSE:601233 BOM:532889 SHSE:600295 AIN
Traded in Other Exchanges
N/A
Address
Gundala Road, P. O. Box No. 22, Rajkot District, Gondal, GJ, IND, 360311
Website
http://www.gujarathyspin.com
Gujarat Hy-Spin Ltd operates in the textile industry. Principally, it is engaged in the business of manufacturing cotton yarns as well as trading in cotton and other related items. In addition, it also produces ring yarns. The company sells cotton yarns to dealers who market it to other industrial units for weaving and other purposes. Its products comprise cotton bales, cotton waste, cotton yarn, raw cotton, wash oil, cotton seeds, and others. The company generates maximum revenue through the sale of its cotton yarn product.

Gujarat Hy-Spin (BOM:540938) Headlines

No Headlines