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Fairvest (JSE:FTA) Total Current Liabilities : R2,055 Mil (As of Sep. 2024)


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What is Fairvest Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. Fairvest's total current liabilities for the quarter that ended in Sep. 2024 was R2,055

Fairvest Total Current Liabilities Historical Data

The historical data trend for Fairvest'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.

Fairvest Total Current Liabilities Chart

Fairvest Annual Data
Trend Jun21 Sep23 Sep24
Total Current Liabilities
691.77 964.87 2,055.23

Fairvest Semi-Annual Data
Jun21 Mar23 Sep23 Mar24 Sep24
Total Current Liabilities 691.77 4,387.99 964.87 1,346.51 2,055.23

Fairvest Total Current Liabilities Calculation

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

Fairvest's Total Current Liabilities for the fiscal year that ended in Sep. 2024 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=370.56+1519.054
+Other Current Liabilities+Current Deferred Liabilities
=165.619+0
=2,055

Fairvest's Total Current Liabilities for the quarter that ended in Sep. 2024 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=370.56+1519.054
+Other Current Liabilities+Current Deferred Liabilities
=165.619+0
=2,055

* 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

Fairvest Total Current Liabilities Related Terms

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Fairvest Business Description

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Traded in Other Exchanges
FTB:South Africa
Address
1 Sturdee Avenue, Rosebank, 3rd Floor, Upper Building, Johannesburg, GT, ZAF, 2196
Website
https://www.fairvest.co.za
Fairvest Ltd is a diversified real estate investment trust investing in the quality retail asset. The fairvest property portfolio consists of properties across South Africa. It has three operating segments Office, Industrial and Retail. The majority is from the Retail segment. Geographically, it is located in South Africa but its geographic segments ranges in Gauteng, Western Cape, KwaZuluNatal, Eastern Cape, Limpopo, Mpumalanga, North West Northern Cape,Free State and Other. The key revenue here is observed in the western cape region.

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