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International Business Machines (MEX:IBM) Total Current Liabilities : MXN568,124 Mil (As of Sep. 2024)


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What is International Business Machines Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. International Business Machines's total current liabilities for the quarter that ended in Sep. 2024 was MXN568,124

International Business Machines Total Current Liabilities Historical Data

The historical data trend for International Business Machines'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.

International Business Machines Total Current Liabilities Chart

International Business Machines Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Current Liabilities
Get a 7-Day Free Trial Premium Member Only Premium Member Only 711,040.86 793,074.15 689,660.17 614,221.48 579,195.29

International Business Machines 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 533,122.76 579,195.29 537,668.87 543,154.41 568,124.23

International Business Machines Total Current Liabilities Calculation

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

International Business Machines'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
=168435.463+122995.401
+Other Current Liabilities+Current Deferred Liabilities
=59443.816+228320.61
=579,195

International Business Machines'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
=95655.477+86420.727
+Other Current Liabilities+Current Deferred Liabilities
=132397.577+253650.445
=568,124

* 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

International Business Machines Total Current Liabilities Related Terms

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International Business Machines Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » International Business Machines Corp (MEX:IBM) » Definitions » Total Current Liabilities
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ACN FI FIS IT CTSH BR CDW LDOS EPAM JKHY NSE:TCS NSE:INFY NSE:HCLTECH BOM:507685 TSE:6702 XMAD:AMS XPAR:CAP TSE:9613 TSX:GIB.A SAU:7203
Traded in Other Exchanges
IBM:USA IBM_KZ:Kazakhstan 1IBM:Italy IBMd:UK IBM0:Germany IBM:Germany IBM:Germany IBM:Germany IBM:Germany IBM:Canada IBMB34:Brazil IBM:Austria IBM:Argentina
Address
One New Orchard Road, Armonk, NY, USA, 10504
Website
http://www.ibm.com
IBM looks to be a part of every aspect of an enterprise's IT needs. The company primarily sells software, IT services, consulting, and hardware. IBM operates in 175 countries and employs approximately 350,000 people. The company has a robust roster of 80,000 business partners to service 5,200 clients, which includes 95% of all Fortune 500. While IBM is a B2B company, IBM's outward impact is substantial. For example, IBM manages 90% of all credit card transactions globally and is responsible for 50% of all wireless connections in the world.