MCCK (Mestek) Total Current Liabilities: $78.3 Mil (As of Sep. 2023)


MCCK Mestek Inc MCCK
12 GF Score
Price $72.45
View Full Analysis

What is Mestek Total Current Liabilities?

Mestek MCCK +3.50% 12 Total Current Liabilities is $78.3 Mil as of Sep. 2023. GuruFocus rates MCCK with a GF Score™ of 12/100.

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. Mestek's total current liabilities for the quarter that ended in Sep. 2023 was $78.3

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

Mestek Total Current Liabilities Related Terms

Mestek Total Current Liabilities Historical Data

* Premium members only.

The historical data trend for Mestek'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.

Mestek Total Current Liabilities Chart

Mestek Annual Data
Trend Dec03 Dec04 Dec05 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Total Current Liabilities
Get a 7-Day Free Trial Premium Member Only Premium Member Only 56.06 63.89 59.48 52.92 53.54

Mestek Quarterly Data
Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Sep22 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 54.32 53.06 49.67 0.00 78.26
MCCK
12GF Score
Mestek Inc MCCK
Total Current Liabilities is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Mestek Total Current Liabilities Calculation

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

Mestek's Total Current Liabilities for the fiscal year that ended in Dec. 2017 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=31.413+0
+Other Current Liabilities+Current Deferred Liabilities
=3.148+18.98
=53.5

Mestek'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
=37.173+6.126
+Other Current Liabilities+Current Deferred Liabilities
=2.85+32.113
=78.3

* 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.

What does a Total Current Liabilities of $78.3 Mil mean?
Mestek (MCCK) has a Total Current Liabilities of $78.3 Mil as of Sep. 2023. The total amount of liabilities with maturity less than one year as recorded on a company's balance sheet. View historical data for Mestek and its competitors.
Is Mestek's Total Current Liabilities too high?
Mestek's current Total Current Liabilities is $78.3 Mil. Overall, Mestek has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Mestek's Total Current Liabilities compare to CSTE and PPIH?
Mestek's Total Current Liabilities of $78.3 Mil can be compared against companies in the Construction industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Current Liabilities for a Construction company?
A good Total Current Liabilities depends on the Construction industry context. However, Total Current Liabilities should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Total Current Liabilities mean?
A high Total Current Liabilities can signal that a stock is expensive relative to its fundamentals. The total amount of liabilities with maturity less than one year as recorded on a company's balance sheet. View historical data for Mestek and its competitors. Mestek's current Total Current Liabilities is $78.3 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mestek stock overvalued right now?
Mestek (MCCK) has a current Total Current Liabilities of $78.3 Mil. The current Total Current Liabilities is $78.3 Mil. Mestek's overall GF Score™ is 12/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Current Liabilities calculated?
Total Current Liabilities is calculated from a company's financial statements. For Mestek (MCCK), the current Total Current Liabilities is $78.3 Mil as of Sep. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Mestek Business Description

Address 260 North Elm Street, Westfield, MA, USA, 01085
Mestek Inc and its subsidiaries manufacture and distribute heating, ventilating, and air conditioning equipment (HVAC), including architectural products and metal forming equipment. The company manufactures its HVAC equipment and metal forming equipment at twelve factory locations and sells through an established distributor, dealer, and manufacturer's representative channels in the United States and Canada. Geographically, it derives a majority of its revenue from North America and also has a presence in Europe, Asia, Mexico, and the Rest of the World.
12GF Score

Get the complete analysis for MCCK

Total Current Liabilities is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$72.45
Price