GEL SpA (MIL:GEL) Total Current Liabilities: €9.52 Mil (As of Jun. 2024)


MIL:GEL GEL SpA MIL:GEL
25 GF Score
Price €2.10
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What is GEL SpA Total Current Liabilities?

GEL SpA MIL:GEL 25 Total Current Liabilities is €9.52 Mil as of Jun. 2024. GuruFocus rates MIL:GEL with a GF Score™ of 25/100.

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. GEL SpA's total current liabilities for the quarter that ended in Jun. 2024 was €9.52

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

GEL SpA Total Current Liabilities Related Terms

GEL SpA Total Current Liabilities Historical Data

* Premium members only.

The historical data trend for GEL 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.

GEL SpA Total Current Liabilities Chart

GEL SpA Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Total Current Liabilities
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.44 6.87 10.84 9.76 4.10

GEL SpA Semi-Annual Data
Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 10.84 5.10 9.76 9.52 4.10
MIL:GEL
25GF Score
GEL SpA MIL:GEL
Total Current Liabilities is just one metric. See GF Score™, valuation, warning signs, and more.
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GEL 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.

GEL 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
=2.491+7.176
+Other Current Liabilities+Current Deferred Liabilities
=0.095000000000001+0
=9.76

GEL 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
=3.086+6.175
+Other Current Liabilities+Current Deferred Liabilities
=0.255+0
=9.52

* 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 €9.52 Mil mean?
GEL SpA (MIL:GEL) has a Total Current Liabilities of €9.52 Mil as of Jun. 2024. The total amount of liabilities with maturity less than one year as recorded on a company's balance sheet. View historical data for GEL SpA and its competitors.
Is GEL SpA's Total Current Liabilities too high?
GEL SpA's current Total Current Liabilities is €9.52 Mil. Overall, GEL SpA has a GF Score™ of 25/100, reflecting its overall financial health beyond just this single metric.
How does GEL SpA's Total Current Liabilities compare to VLTO and ZWS?
GEL SpA's Total Current Liabilities of €9.52 Mil can be compared against companies in the Industrial Products 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 an Industrial Products company?
A good Total Current Liabilities depends on the Industrial Products 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 GEL SpA and its competitors. GEL SpA's current Total Current Liabilities is €9.52 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is GEL SpA stock overvalued right now?
GEL SpA (MIL:GEL) has a current Total Current Liabilities of €9.52 Mil. The current Total Current Liabilities is €9.52 Mil. GEL SpA's overall GF Score™ is 25/100. 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 GEL SpA (MIL:GEL), the current Total Current Liabilities is €9.52 Mil as of Jun. 2024. 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.

GEL SpA Business Description

Address Via Enzo Ferrari 1, Castelfidardo, ITA, 60022
GEL SpA is an Italian company engaged in the business of designing and manufacturing products to treat water. The company offers filters, disinfectants, softeners, dosers, mud removers, conditioners, and other water treatment products to its clients. In addition, it provides water treatment services for the following divisions; Medical, Food, and Mobile Installations. Desalination services and leachate treatment services are also provided by the company.
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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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