HUMGF (Humm Group) Total Current Liabilities : $3,210.3 Mil (As of Jun. 2024)

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What is Humm 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. Humm Group's total current liabilities for the quarter that ended in Jun. 2024 was $3,210.3

Humm Group Total Current Liabilities Historical Data

The historical data trend for Humm 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.

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Humm Group Total Current Liabilities Chart

Humm Group Annual Data

Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24

Total Current Liabilities

Get a 7-Day Free Trial 966.53 621.64 2,204.85 2,778.05 3,210.29

Humm Group Semi-Annual Data

Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24

Total Current Liabilities Get a 7-Day Free Trial 2,204.85 2,430.16 2,778.05 3,106.56 3,210.29

Humm 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.

Humm 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

= 39.841 + 3133.001

+ Other Current Liabilities + Current Deferred Liabilities

= 37.45 + 0

= 3,210.3

Humm Group'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

= 39.841 + 3133.001

+ Other Current Liabilities + Current Deferred Liabilities

= 37.45 + 0

= 3,210.3

* 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

Humm Group Total Current Liabilities Related Terms
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Humm Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Humm Group Ltd (OTCPK:HUMGF) » Definitions » Total Current Liabilities

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Traded in Other Exchanges

HUM:Australia

Address

121 Harrington Street, Level 1, Sydney, NSW, AUS, 2000

Website

https://www.shophumm.com

Humm is a diversified finance provider with offerings centered on buy now pay later, or BNPL, credit cards and equipment finance. It facilitates purchases for over 2.7 million customers. Humm operates in Australia, New Zealand, Ireland, and Canada. While it caters for a diverse range of industries, its focus is on financing higher ticket items. Unlike the glut of new BNPL firms, Humm is established with a long operating history. Originally Flexigroup, Humm had a strategic refresh in 2019 where it has now consolidated to around four main brands in ANZ, from 20 before. In its earlier days, Humm focused on Visa and interest-free cards, lay-by, consumer leasing, commercial finance, and other payment solutions to consumers and small businesses.

Humm Group Headlines

From GuruFocus

Half Year 2024 Humm Group Ltd Earnings Call Transcript
By GuruFocus Research • 02-28-2024

Humm Group Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Total Current Liabilities	Get a 7-Day Free Trial															2,204.85	2,430.16	2,778.05	3,106.56	3,210.29

Total Current Liabilities	=	Accounts Payable & Accrued Expense	+	Short-Term Debt & Capital Lease Obligation
	=	39.841	+	3133.001
	+	Other Current Liabilities	+	Current Deferred Liabilities
	=	37.45	+	0
	=	3,210.3