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Versarien (LSE:VRS) Total Current Liabilities : £2.80 Mil (As of Sep. 2023)


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What is Versarien Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. Versarien's total current liabilities for the quarter that ended in Sep. 2023 was £2.80

Versarien Total Current Liabilities Historical Data

The historical data trend for Versarien'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.

Versarien Total Current Liabilities Chart

Versarien Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Sep23
Total Current Liabilities
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.92 4.80 4.85 3.38 2.80

Versarien Semi-Annual Data
Sep13 Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Mar23 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 4.85 3.95 3.38 3.10 2.80

Versarien Total Current Liabilities Calculation

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

Versarien's Total Current Liabilities for the fiscal year that ended in Sep. 2023 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=0.971+1.318
+Other Current Liabilities+Current Deferred Liabilities
=0.508+0
=2.80

Versarien'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
=0.971+1.318
+Other Current Liabilities+Current Deferred Liabilities
=0.508+0
=2.80

* 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

Versarien Total Current Liabilities Related Terms

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Versarien (LSE:VRS) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Versarien PLC (LSE:VRS) » Definitions » Total Current Liabilities
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LSE:ZED LSE:BIOM LSE:HAYD LSE:HDD LIN XPAR:AI APD SHW ECL SHSE:600309 XSWX:SIKA BOM:500820 DD XSWX:GIVN LYB PPG ADX:BOROUGE IFF XSWX:EMSN TSE:4612
Traded in Other Exchanges
VRSRF:USA VRS.GB:UK 9RV:Germany
Address
Monmouth Road, Units 1A-D, Longhope Business Park, Longhope, Gloucestershire, GBR, GL17 0QZ
Website
https://www.versarien.com
Versarien PLC is an IP-led advanced engineering materials group that utilizes proprietary technology to create innovative new engineering solutions. The business activities of the group function through Graphene and Plastic Products and Hard Wear and Metallic Product segments. Graphene and Plastic Products focused on delivering graphene solutions through plastics and carbon fibre composites, and Hard Wear and Metallic Products focused on delivering aluminium and tungsten carbide products. Geographically, the company operates in the UK, North America, the Rest of Europe, and others.