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Distribuzione Elettrica Adriatica SpA (MIL:DEA) Total Current Liabilities : €8.00 Mil (As of Jun. 2024)


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What is Distribuzione Elettrica Adriatica SpA Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. Distribuzione Elettrica Adriatica SpA's total current liabilities for the quarter that ended in Jun. 2024 was €8.00

Distribuzione Elettrica Adriatica SpA Total Current Liabilities Historical Data

The historical data trend for Distribuzione Elettrica Adriatica SpA'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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Distribuzione Elettrica Adriatica SpA Total Current Liabilities Chart

Distribuzione Elettrica Adriatica SpA Annual Data
Trend Dec22 Dec23 Dec24
Total Current Liabilities
5.46 15.28 10.01

Distribuzione Elettrica Adriatica SpA Semi-Annual Data
Dec22 Dec23 Jun24 Dec24
Total Current Liabilities 5.46 15.28 8.00 10.01

Distribuzione Elettrica Adriatica SpA Total Current Liabilities Calculation

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

Distribuzione Elettrica Adriatica SpA'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
=10.117+5.098
+Other Current Liabilities+Current Deferred Liabilities
=0.069000000000001+0
=15.28

Distribuzione Elettrica Adriatica SpA's Total Current Liabilities for the quarter that ended in Jun. 2024 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=8.002+0
+Other Current Liabilities+Current Deferred Liabilities
=0+0
=8.00

* 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

Distribuzione Elettrica Adriatica SpA Total Current Liabilities Related Terms

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Distribuzione Elettrica Adriatica SpA Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Distribuzione Elettrica Adriatica SpA (MIL:DEA) » Definitions » Total Current Liabilities
Comparable Companies
MIL:INC MIL:EVISO NEE SO DUK LSE:NG. AEP D EXC XEL PEG BOM:532555 ED PCG ETR WEC XMAD:ELE BOM:532898 XPRA:CEZ DTE
Traded in Other Exchanges
N/A
Address
Via Guazzatore no. 159, Osimo, ITA, 60027
Website
https://www.deaelettrica.it
Distribuzione Elettrica Adriatica SpA is a Italy based company. Its activity is divided into two distinct business lines dedicated, respectively, to the distribution of electricity (Distribution Electrical Energy) and public lighting (Public Lighting). In the distribution of electricity, The company deals with the activities relating to the operation, maintenance and development of medium voltage (MV) and low voltage (LV) infrastructures with the objective of allowing the transport of electricity from the substations of the distribution networks to the withdrawal points (PoD). The public lighting includes design, construction and maintenance of public lighting systems, by virtue of obtaining concessions from the relevant municipalities.