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Sicily By Car SpA (FRA:5LC) Total Current Liabilities : €88.5 Mil (As of Dec. 2023)


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What is Sicily By Car SpA Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. Sicily By Car SpA's total current liabilities for the quarter that ended in Dec. 2023 was €88.5

Sicily By Car SpA Total Current Liabilities Historical Data

The historical data trend for Sicily By Car SpA'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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Sicily By Car SpA Total Current Liabilities Chart

Sicily By Car SpA Annual Data
Trend Dec21 Dec22 Dec23
Total Current Liabilities
18.47 54.77 88.46

Sicily By Car SpA Semi-Annual Data
Dec21 Jun22 Dec22 Jun23 Dec23
Total Current Liabilities 18.47 - 54.77 49.97 88.46

Sicily By Car SpA Total Current Liabilities Calculation

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

Sicily By Car SpA'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
=34.399+51.545
+Other Current Liabilities+Current Deferred Liabilities
=2.52+0
=88.5

Sicily By Car SpA's Total Current Liabilities for the quarter that ended in Dec. 2023 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=34.399+51.545
+Other Current Liabilities+Current Deferred Liabilities
=2.52+0
=88.5

* 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

Sicily By Car SpA Total Current Liabilities Related Terms

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Sicily By Car SpA (FRA:5LC) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Sicily By Car SpA (FRA:5LC) » Definitions » Total Current Liabilities
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BOM:532998 BOM:539428 BOM:543520 BOM:543943 BOM:523489 NSE:AATMAJ BOM:516110 BOM:530897 NSE:UNIHEALTH URI LSE:AHT AER BSP:RENT3 UHAL WSC CAR XPAR:ALD TSX:EFN TSE:8439 R
Traded in Other Exchanges
SBC:Italy
Address
Via Galileo Galilei, 10H, Bolzano, ITA, 39100
Website
https://www.sicilybycar.it
Sicily By Car SpA operates in the Italian short-term rental market with 55 rental offices directly located at the main Italian airports and cities. The company allows to choose among: Private hire (cheap, compact, medium, standard, convertible, estate and 9-seater cars), Commercial vehicles, Electric car rentals, Boat rental.

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