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EQBBF (EQT AB) Total Current Liabilities : $903 Mil (As of Jun. 2024)


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What is EQT AB Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. EQT AB's total current liabilities for the quarter that ended in Jun. 2024 was $903

EQT AB Total Current Liabilities Historical Data

The historical data trend for EQT AB'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.

EQT AB Total Current Liabilities Chart

EQT AB Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Current Liabilities
Get a 7-Day Free Trial Premium Member Only 299.00 347.08 403.05 721.40 798.04

EQT AB Semi-Annual Data
Dec16 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 509.51 721.40 777.90 798.04 903.12

EQT AB Total Current Liabilities Calculation

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

EQT AB's Total Current Liabilities for the fiscal year that ended in Dec. 2023 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=68.484+37.405
+Other Current Liabilities+Current Deferred Liabilities
=692.148+0
=798

EQT AB's Total Current Liabilities for the quarter that ended in Jun. 2024 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=73.197+47.363
+Other Current Liabilities+Current Deferred Liabilities
=782.562+0
=903

* 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

EQT AB Total Current Liabilities Related Terms

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EQT AB Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » EQT AB (OTCPK:EQBBF) » Definitions » Total Current Liabilities
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OSTO:INDU A OSTO:LATO B OSTO:LUND B OSTO:KINV A OSTO:BURE OSTO:STOR B OSTO:RATO A OSTO:NAVIGO PREF OSTO:CRED A NGM:SPLTN BLK BX OSTO:INVE A TSX:BN KKR APO BK AMP XSWX:PGHN LSE:III
Traded in Other Exchanges
EQT:Sweden EQTs:UK 0AAZ:UK 6EQ:Germany
Address
Regeringsgatan 25, Stockholm, SWE, SE-111 53
Website
https://www.eqtgroup.com
Swedish conglomerate Investor AB set up EQT as its private equity division in 1994. In its early days, EQT focused primarily on private equity investments in Sweden and the rest of Scandinavia. Today, EQT is one of the largest global private-market investors, with funds that target private equity, real estate, and infrastructure globally. Investor AB retains a minority stake.