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Otto Holding AS (IST:OTTO) Total Current Liabilities : ₺62.8 Mil (As of Sep. 2023)


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What is Otto Holding AS Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. Otto Holding AS's total current liabilities for the quarter that ended in Sep. 2023 was ₺62.8

Otto Holding AS Total Current Liabilities Historical Data

The historical data trend for Otto Holding AS'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.

Otto Holding AS Total Current Liabilities Chart

Otto Holding AS Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec20 Dec21 Dec22
Total Current Liabilities
Get a 7-Day Free Trial 12.97 10.18 12.11 14.09 7.45

Otto Holding AS Quarterly Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 16.61 7.45 13.07 49.91 62.82

Otto Holding AS Total Current Liabilities Calculation

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

Otto Holding AS's Total Current Liabilities for the fiscal year that ended in Dec. 2022 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=6.068+1.148
+Other Current Liabilities+Current Deferred Liabilities
=0.237+0
=7.5

Otto Holding AS's Total Current Liabilities for the quarter that ended in Sep. 2023 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=26.537+31.997
+Other Current Liabilities+Current Deferred Liabilities
=4.282+0
=62.8

* 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

Otto Holding AS Total Current Liabilities Related Terms

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Otto Holding AS (IST:OTTO) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Otto Holding AS (IST:OTTO) » Definitions » Total Current Liabilities
Comparable Companies
IST:AVHOL IST:GSDHO IST:GLRYH IST:VERTU IST:OSTIM IST:ISYAT IST:HDFGS IST:COSMO IST:YESIL IST:DENGE BLK BX OSTO:INVE A TSX:BN KKR APO BK AMP XSWX:PGHN LSE:III
Traded in Other Exchanges
N/A
Address
Levent Neighbourhood Yosun St. No:8, Besiktas, Istanbul, TUR
Website
https://www.ottoholding.com.tr
Otto Holding AS is an investment company that brings traditional markets together with new-generation investments, It undertakes the responsibility of making investments that will benefit our shareholders while protecting the securities and transparency of the markets. The company transforms its experience in media, entertainment and other sectors into measurable financial values with technology-oriented investments in fields of activity such as artificial intelligence (AI), augmented reality (AR), financial technologies (Fintech), gaming (Gaming), and electric vehicles (Electrification).

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