Al Madina for finance and Investment Co (DFM:ALMADINA) Total Current Liabilities : د.إ95.11 Mil (As of Jun. 2021)

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What is Al Madina for finance and Investment Co Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. Al Madina for finance and Investment Co's total current liabilities for the quarter that ended in Jun. 2021 was د.إ95.11

Al Madina for finance and Investment Co Total Current Liabilities Historical Data

The historical data trend for Al Madina for finance and Investment Co'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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Al Madina for finance and Investment Co Total Current Liabilities Chart

Al Madina for finance and Investment Co Annual Data

Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20

Total Current Liabilities

Get a 7-Day Free Trial 78.37 63.10 28.54 - -

Al Madina for finance and Investment Co Quarterly Data

Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21

Total Current Liabilities Get a 7-Day Free Trial 28.63 - - 105.71 95.11

Al Madina for finance and Investment Co Total Current Liabilities Calculation

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

Al Madina for finance and Investment Co's Total Current Liabilities for the fiscal year that ended in Dec. 2020 is calculated as

Total Current Liabilities = Accounts Payable & Accrued Expense + Short-Term Debt & Capital Lease Obligation

= 0 + 0

+ Other Current Liabilities + Current Deferred Liabilities

= 0 + 0

= 0.00

Al Madina for finance and Investment Co's Total Current Liabilities for the quarter that ended in Jun. 2021 is calculated as

Total Current Liabilities = Accounts Payable & Accrued Expense + Short-Term Debt & Capital Lease Obligation

= 84.817 + 0

+ Other Current Liabilities + Current Deferred Liabilities

= 10.291 + 0

= 95.11

* 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

Al Madina for finance and Investment Co Total Current Liabilities Related Terms
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Al Madina for finance and Investment Co (DFM:ALMADINA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Al Madina for finance and Investment Co (DFM:ALMADINA) » Definitions » Total Current Liabilities

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Traded in Other Exchanges

N/A

Address

Al Merqab, Al Sour Street, Jassim Al Asfour Tower, P.O. Box 2799, Safat, Kuwait City, KWT, 13028

Website

http://www.almadinainvest.com

Al Madina for finance and Investment Co. is an investment company. Its activities revolve around direct investments, fund management, portfolio management, and financial services with a key focus in the Middle East and North Africa region. The company has two segments that drive the operations - Real Estate segment which develops and sells land and properties, and Investment segment is engaged in direct investment and portfolio management and investment funds for third parties.

Al Madina for finance and Investment Co (DFM:ALMADINA) Headlines

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Al Madina for finance and Investment Co Quarterly Data
	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21
Total Current Liabilities	Get a 7-Day Free Trial															28.63	-	-	105.71	95.11

Total Current Liabilities	=	Accounts Payable & Accrued Expense	+	Short-Term Debt & Capital Lease Obligation
	=	0	+	0
	+	Other Current Liabilities	+	Current Deferred Liabilities
	=	0	+	0
	=	0.00