Novolipetsk Steel PJSC (MIC:NLMK) Total Current Liabilities: ₽244,873 Mil (As of Dec. 2021)


MIC:NLMK Novolipetsk Steel PJSC MIC:NLMK
17 GF Score
Price ₽58.22
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What is Novolipetsk Steel PJSC Total Current Liabilities?

Novolipetsk Steel PJSC MIC:NLMK -1.52% 17 Total Current Liabilities is ₽244,873 Mil as of Dec. 2021. GuruFocus rates MIC:NLMK with a GF Score™ of 17/100.

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. Novolipetsk Steel PJSC's total current liabilities for the quarter that ended in Dec. 2021 was ₽244,873

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

Novolipetsk Steel PJSC Total Current Liabilities Related Terms

Novolipetsk Steel PJSC Total Current Liabilities Historical Data

* Premium members only.

The historical data trend for Novolipetsk Steel PJSC'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.

Novolipetsk Steel PJSC Total Current Liabilities Chart

Novolipetsk Steel PJSC Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Total Current Liabilities
Get a 7-Day Free Trial Premium Member Only Premium Member Only 115,080.23 144,117.45 120,347.88 170,059.21 244,872.71

Novolipetsk Steel PJSC Quarterly Data
Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21
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 170,059.21 159,170.69 224,922.23 225,426.81 244,872.71
MIC:NLMK
17GF Score
Novolipetsk Steel PJSC MIC:NLMK
Total Current Liabilities is just one metric. See GF Score™, valuation, warning signs, and more.
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Novolipetsk Steel PJSC Total Current Liabilities Calculation

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

Novolipetsk Steel PJSC's Total Current Liabilities for the fiscal year that ended in Dec. 2021 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=133526.606+111198.237
+Other Current Liabilities+Current Deferred Liabilities
=147.87+0
=244,873

Novolipetsk Steel PJSC's Total Current Liabilities for the quarter that ended in Dec. 2021 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=133526.606+111198.237
+Other Current Liabilities+Current Deferred Liabilities
=147.87+0
=244,873

* 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 ₽244,873 Mil mean?
Novolipetsk Steel PJSC (MIC:NLMK) has a Total Current Liabilities of ₽244,873 Mil as of Dec. 2021. The total amount of liabilities with maturity less than one year as recorded on a company's balance sheet. View historical data for Novolipetsk Steel PJSC and its competitors.
Is Novolipetsk Steel PJSC's Total Current Liabilities too high?
Novolipetsk Steel PJSC's current Total Current Liabilities is ₽244,873 Mil. Overall, Novolipetsk Steel PJSC has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Novolipetsk Steel PJSC's Total Current Liabilities compare to NUE and STLD?
Novolipetsk Steel PJSC's Total Current Liabilities of ₽244,873 Mil can be compared against companies in the Steel 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 Steel company?
A good Total Current Liabilities depends on the Steel 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 Novolipetsk Steel PJSC and its competitors. Novolipetsk Steel PJSC's current Total Current Liabilities is ₽244,873 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Novolipetsk Steel PJSC stock overvalued right now?
Novolipetsk Steel PJSC (MIC:NLMK) has a current Total Current Liabilities of ₽244,873 Mil. The current Total Current Liabilities is ₽244,873 Mil. Novolipetsk Steel PJSC's overall GF Score™ is 17/100. 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 Novolipetsk Steel PJSC (MIC:NLMK), the current Total Current Liabilities is ₽244,873 Mil as of Dec. 2021. 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.

Novolipetsk Steel PJSC Business Description

Address 2, Metallurgov Sq., Lipetsk, RUS, 398040
Novolipetsk Steel PJSC is a Russia-based steelmaker with production assets located in Russia, Europe, and the United States. The company's metal products are used in various industries, from construction and engineering to the manufacture of power-generating equipment and off shore wind turbines. The company operates through six segments, namely Mining, Russian flat products, Russian long products, NLMK USA, NLMK DanSteel and Plates Distribution Network, and Investments in NBH. Russian flat products for over half of the company's revenue. Russia, Europe, North America, and the Middle East are the four largest markets for the company.
17GF Score

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

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