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Reetech International Cargourier (BOM:543617) Total Current Liabilities : ₹27.4 Mil (As of Sep. 2023)


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What is Reetech International Cargourier Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. Reetech International Cargourier's total current liabilities for the quarter that ended in Sep. 2023 was ₹27.4

Reetech International Cargourier Total Current Liabilities Historical Data

The historical data trend for Reetech International Cargourier'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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Reetech International Cargourier Total Current Liabilities Chart

Reetech International Cargourier Annual Data
Trend Mar20 Mar21 Mar22 Mar23
Total Current Liabilities
1.59 46.66 105.56 36.23

Reetech International Cargourier Semi-Annual Data
Mar20 Mar21 Mar22 Sep22 Mar23 Sep23
Total Current Liabilities Get a 7-Day Free Trial 46.66 105.56 - 36.23 27.43

Reetech International Cargourier Total Current Liabilities Calculation

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

Reetech International Cargourier'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
=18.972+7.475
+Other Current Liabilities+Current Deferred Liabilities
=9.786+0
=36.2

Reetech International Cargourier'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
=0.906+0
+Other Current Liabilities+Current Deferred Liabilities
=26.522+0
=27.4

* 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

Reetech International Cargourier Total Current Liabilities Related Terms

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Reetech International Cargourier (BOM:543617) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Reetech International Cargo & Courier Ltd (BOM:543617) » Definitions » Total Current Liabilities
Comparable Companies
BOM:530495 BOM:513579 BOM:506180 SZSE:000723 AMR ARCH HCC MIC:RASP ASX:SMR ASX:CRN SHSE:600740 HKSE:00639 SHSE:600997 WAR:JSW SHSE:601011 SXC METC SZSE:000655 SHSE:600792 HKSE:00975
Traded in Other Exchanges
N/A
Address
Sai Kunj Civil Lines, Raipur, CT, IND, 492001
Website
https://www.reetechinternational.com
Reetech International Cargo And Courier Ltd is a Coal Supplier in India. The company's diversified product portfolio comprises coal from Indonesia, South Africa, Australia and India, among other origins. The company supply the products to customers in various sectors such as Power, Steel, Rolling and other industries. An effective handling and transportation of the orders is facilitated through Road transportation and Railway.

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