CNRD (Conrad Industries) Total Current Liabilities: $61.51 Mil (As of Sep. 2023)

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CNRD Conrad Industries Inc CNRD
12 GF Score
Price $30.00
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What is Conrad Industries Total Current Liabilities?

Conrad Industries CNRD +2.00% 12 Total Current Liabilities is $61.51 Mil as of Sep. 2023. GuruFocus rates CNRD 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. Conrad Industries's total current liabilities for the quarter that ended in Sep. 2023 was $61.51

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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

Conrad Industries Total Current Liabilities Related Terms

Conrad Industries Total Current Liabilities Historical Data

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The historical data trend for Conrad Industries'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.

Conrad Industries Total Current Liabilities Chart

Conrad Industries Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Total Current Liabilities
Get a 7-Day Free Trial Premium Member Only Premium Member Only 49.84 32.97 25.91 32.10 33.57

Conrad Industries Quarterly Data
Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Sep22 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 Premium Member Only Premium Member Only 24.17 33.31 33.57 0.00 61.51
CNRD
12GF Score
Conrad Industries Inc CNRD
Total Current Liabilities is just one metric. See GF Score™, valuation, warning signs, and more.
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Conrad Industries Total Current Liabilities Calculation

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

Conrad Industries's Total Current Liabilities for the fiscal year that ended in Dec. 2018 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=13.661+1.5
+Other Current Liabilities+Current Deferred Liabilities
=0+18.412
=33.57

Conrad Industries'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
=11.474+1.5
+Other Current Liabilities+Current Deferred Liabilities
=0+48.532
=61.51

* 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 $61.51 Mil mean?
Conrad Industries (CNRD) has a Total Current Liabilities of $61.51 Mil as of Sep. 2023. The total amount of liabilities with maturity less than one year as recorded on a company's balance sheet. View historical data for Conrad Industries and its competitors.
Is Conrad Industries' Total Current Liabilities too high?
Conrad Industries' current Total Current Liabilities is $61.51 Mil. Overall, Conrad Industries has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Conrad Industries' Total Current Liabilities compare to LLAP and OPXS?
Conrad Industries' Total Current Liabilities of $61.51 Mil can be compared against companies in the Aerospace & Defense 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 Aerospace & Defense company?
A good Total Current Liabilities depends on the Aerospace & Defense 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 Conrad Industries and its competitors. Conrad Industries's current Total Current Liabilities is $61.51 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Conrad Industries stock overvalued right now?
Conrad Industries (CNRD) has a current Total Current Liabilities of $61.51 Mil. The current Total Current Liabilities is $61.51 Mil. Conrad Industries' 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 Conrad Industries (CNRD), the current Total Current Liabilities is $61.51 Mil as of Sep. 2023. 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.

Conrad Industries Business Description

Address 1100 Brashear Avenue, Suite 200, Morgan City, LA, USA, 70380
Conrad Industries Inc is engaged in the construction, repair, and conversion of steel and aluminum marine vessels for commercial and governmental customers. The firm's business activities are conducted through the Vessel Construction and Repair and Conversions segments. It generates maximum revenue from the Vessel Construction segment. The Vessel Construction segment involves the building of a new vessel, often including engineering and design. The Repair and Conversions segment comprises work on an existing vessel.
12GF Score

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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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