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Futuris Co (Futuris Co) Total Current Liabilities : $4.34 Mil (As of Jul. 2020)


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What is Futuris 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. Futuris Co's total current liabilities for the quarter that ended in Jul. 2020 was $4.34

Futuris Co Total Current Liabilities Historical Data

The historical data trend for Futuris 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.

* Premium members only.

Futuris Co Total Current Liabilities Chart

Futuris Co Annual Data
Trend Mar99 Mar00 Mar01 Mar02 Mar03 Mar04 Jul20
Total Current Liabilities
Get a 7-Day Free Trial 6.21 4.26 4.33 4.37 4.34

Futuris Co Semi-Annual Data
Mar99 Mar00 Mar01 Mar02 Mar03 Mar04 Jul20
Total Current Liabilities Get a 7-Day Free Trial 6.21 4.26 4.33 4.37 4.34

Futuris 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.

Futuris Co's Total Current Liabilities for the fiscal year that ended in Jul. 2020 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=0.508+2.79
+Other Current Liabilities+Current Deferred Liabilities
=1.037+0
=4.34

Futuris Co's Total Current Liabilities for the quarter that ended in Jul. 2020 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=0.508+2.79
+Other Current Liabilities+Current Deferred Liabilities
=1.037+0
=4.34

* 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

Futuris Co Total Current Liabilities Related Terms

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Futuris Co (Futuris Co) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Futuris Co (OTCPK:FTRS) » Definitions » Total Current Liabilities
Comparable Companies
WAR:HRC NSE:DYNAMIC OSTO:NJOB GXXM BOM:539697 NSE:ACEINTEG XAMS:MORE ASX:HMI LSE:RTC XAMS:DPA
Traded in Other Exchanges
N/A
Address
22 Baltimore Road, Rockville, MD, USA, 20850
Website
https://www.futuris.company
Futuris Co is a Human Capital Management (HCM) company focused on the acquisition and operation of executive search, staffing, and consulting companies that are specialized in professional service verticals such as medical, accounting/finance, information technology, recruitment process outsourcing (RPO), and human resources. The company is committed to building a staffing company through targeted and accretive acquisitions and operational efficiencies.