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FGETF (Flight Centre Travel Group) Total Current Liabilities : $1,117 Mil (As of Dec. 2024)


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What is Flight Centre Travel Group Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. Flight Centre Travel Group's total current liabilities for the quarter that ended in Dec. 2024 was $1,117

Flight Centre Travel Group Total Current Liabilities Historical Data

The historical data trend for Flight Centre Travel Group'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.

Flight Centre Travel Group Total Current Liabilities Chart

Flight Centre Travel Group Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Total Current Liabilities
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,281.45 964.01 1,142.63 1,320.33 1,525.43

Flight Centre Travel Group Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 1,056.67 1,320.33 1,331.58 1,525.43 1,117.17

Flight Centre Travel Group Total Current Liabilities Calculation

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

Flight Centre Travel Group's Total Current Liabilities for the fiscal year that ended in Jun. 2024 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=1172.394+247.529
+Other Current Liabilities+Current Deferred Liabilities
=42.724+62.785
=1,525

Flight Centre Travel Group's Total Current Liabilities for the quarter that ended in Dec. 2024 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=893.008+103.788
+Other Current Liabilities+Current Deferred Liabilities
=114.776+5.601
=1,117

* 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

Flight Centre Travel Group Total Current Liabilities Related Terms

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Flight Centre Travel Group Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Flight Centre Travel Group Ltd (OTCPK:FGETF) » Definitions » Total Current Liabilities
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Traded in Other Exchanges
FLI:Germany FLT:Australia
Address
275 Grey Street, South Brisbane, Brisbane, QLD, AUS, 4101
Website
https://www.fctgl.com
Flight Centre Travel is one of the largest travel agencies in the world. The group generates just over 50% of its total transaction value, or TTV, from the corporate market, just under 50% from the leisure market, and the rest from ancillary travel-related businesses. In corporate travel, Flight Centre is a global Top 4 operator operating in over 100 countries, with different brands catering to various customer segments (small and midsize businesses to large enterprises). In leisure, Flight Centre operates a network of over 550 shops generating 70% of the leisure TTV, online channels generating just under 20%, and the rest from independent agents. Over half of group TTV is generated in Australia and New Zealand, 20% from Americas, just under 20% from Europe, and the rest from Asia.