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BOE Varitronix (FRA:VTX) Total Current Liabilities : €590 Mil (As of Dec. 2023)


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What is BOE Varitronix Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. BOE Varitronix's total current liabilities for the quarter that ended in Dec. 2023 was €590


BOE Varitronix Total Current Liabilities Historical Data

The historical data trend for BOE Varitronix'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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BOE Varitronix Total Current Liabilities Chart

BOE Varitronix Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Current Liabilities
Get a 7-Day Free Trial Premium Member Only Premium Member Only 87.82 109.99 246.02 497.52 589.76

BOE Varitronix Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 246.02 365.82 497.52 488.38 589.76

BOE Varitronix Total Current Liabilities Calculation

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

BOE Varitronix'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
=448.779+28.72
+Other Current Liabilities+Current Deferred Liabilities
=112.26+0
=590

BOE Varitronix'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
=448.779+28.72
+Other Current Liabilities+Current Deferred Liabilities
=112.26+0
=590

* 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


BOE Varitronix Total Current Liabilities Related Terms

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BOE Varitronix (FRA:VTX) Business Description

Industry
Traded in Other Exchanges
Address
Number 7 Shing Yip Street, Units A - F, 35th Floor, Legend Tower, Kwun Tong, Kowloon, Hong Kong, HKG
BOE Varitronix Ltd is an investment holding company. It is principally engaged in automobile and industrial display products and has a monochrome display manufacturing capacity. It manufactures various products in the category of automobile, industrial, white goods, medical, and other. The company operates in one business segment which is the Manufacture and Sale of Liquid Crystal Displays and Related Products. The company's geographical segments include the PRC, Europe, America, Korea, and other regions, out of which the PRC accounts for the majority of the revenue.

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