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Spear REIT (JSE:SEA) Total Current Liabilities : R349.6 Mil (As of Feb. 2024)


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What is Spear REIT Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. Spear REIT's total current liabilities for the quarter that ended in Feb. 2024 was R349.6

Spear REIT Total Current Liabilities Historical Data

The historical data trend for Spear REIT'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.

Spear REIT Total Current Liabilities Chart

Spear REIT Annual Data
Trend Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
Total Current Liabilities
Get a 7-Day Free Trial 236.12 494.36 76.85 473.92 349.65

Spear REIT Semi-Annual Data
Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24
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 76.85 874.67 473.92 731.64 349.65

Spear REIT Total Current Liabilities Calculation

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

Spear REIT's Total Current Liabilities for the fiscal year that ended in Feb. 2024 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=38.064+253.111
+Other Current Liabilities+Current Deferred Liabilities
=58.474+0
=349.6

Spear REIT's Total Current Liabilities for the quarter that ended in Feb. 2024 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=38.064+253.111
+Other Current Liabilities+Current Deferred Liabilities
=58.474+0
=349.6

* 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

Spear REIT Total Current Liabilities Related Terms

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Spear REIT (JSE:SEA) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Spear REIT Ltd (JSE:SEA) » Definitions » Total Current Liabilities
Comparable Companies
JSE:SAR JSE:OAS JSE:OCT JSE:HET JSE:DIB JSE:EMI JSE:SAC JSE:ATT JSE:BTN VICI ASX:MGR WPC MEX:FUNO11 ASX:SGP LSE:LAND SRC LSE:UTG ASX:GPT TSE:8984 ASX:CLW
Traded in Other Exchanges
N/A
Address
2 Long Street, PO Box 50, 16th Floor, Cape Town, ZAF, 8001
Website
https://www.spearprop.co.za
Spear REIT Ltd is a real estate investment trust. The company is a diversified property investment company investing in real estate sectors including office, retail, industrial, residential, and hospitality. Its operating business segments are Industrial, Commercial, Retail, Hospitality, Residential, Development, and Non-property. The segments derive their revenue mainly from rental income from leases. The company derives maximum revenue from the Industrial segment.

Spear REIT (JSE:SEA) Headlines

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