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Credit Ratingllection KSCC (KUW:TAHSSILAT) Total Current Liabilities : KWD0.11 Mil (As of Sep. 2024)


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What is Credit Ratingllection KSCC Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. Credit Ratingllection KSCC's total current liabilities for the quarter that ended in Sep. 2024 was KWD0.11


Credit Ratingllection KSCC Total Current Liabilities Historical Data

The historical data trend for Credit Ratingllection KSCC'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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Credit Ratingllection KSCC Total Current Liabilities Chart

Credit Ratingllection KSCC Annual Data
Trend Dec11 Dec12 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Current Liabilities
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.21 0.19 0.10 0.12 0.15

Credit Ratingllection KSCC Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 0.16 0.15 0.15 0.11 0.11

Credit Ratingllection KSCC Total Current Liabilities Calculation

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

Credit Ratingllection KSCC's Total Current Liabilities for the fiscal year that ended in Dec. 2023 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=0.039+0
+Other Current Liabilities+Current Deferred Liabilities
=0.115+0
=0.15

Credit Ratingllection KSCC'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
=0.113+0
+Other Current Liabilities+Current Deferred Liabilities
=0+0
=0.11

* 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


Credit Ratingllection KSCC Total Current Liabilities Related Terms

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Credit Ratingllection KSCC Business Description

Traded in Other Exchanges
N/A
Address
Ahmad Al-Jaber Street, 1st Floor, P.O. Box 1432, Al-Awadi Towers, Tower Number 3, Al-Sharq, Safat, Kuwait, KWT, 13015
Credit Rating & Collection KSCC is a Kuwait-based company engaged in collecting and purchasing commercial and other debts on behalf of corporate and private clients, Developing, utilizing, and providing tools for collection and purchasing debts of clients and third parties, and Providing Risk Management Services through its Credit Rating Service among other services. Its operating segment includes Investment and Credit rating collection. It generates maximum revenue from its Investment segment.

Credit Ratingllection KSCC Headlines

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