MOOV (Moove Lubricants Holdings) Total Current Liabilities: $592.64 Mil (As of Jun. 2024)


What is Moove Lubricants Holdings Total Current Liabilities?

Moove Lubricants Holdings MOOV Total Current Liabilities is $592.64 Mil as of Jun. 2024.

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. Moove Lubricants Holdings's total current liabilities for the quarter that ended in Jun. 2024 was $592.64


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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


Moove Lubricants Holdings Total Current Liabilities Related Terms


Moove Lubricants Holdings Total Current Liabilities Historical Data

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The historical data trend for Moove Lubricants Holdings'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.

Moove Lubricants Holdings Total Current Liabilities Chart

Moove Lubricants Holdings Annual Data
Trend Dec21 Dec22 Dec23
Total Current Liabilities
0.00 521.66 554.08

Moove Lubricants Holdings Semi-Annual Data
Dec21 Dec22 Jun23 Dec23 Jun24
Total Current Liabilities 0.00 521.66 0.00 554.08 592.64

Moove Lubricants Holdings Total Current Liabilities Calculation

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

Moove Lubricants Holdings'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
=393.592+143.619
+Other Current Liabilities+Current Deferred Liabilities
=16.868+0
=554.08

Moove Lubricants Holdings'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
=403.173+157.536
+Other Current Liabilities+Current Deferred Liabilities
=31.934+0
=592.64

* 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 $592.64 Mil mean?
Moove Lubricants Holdings (MOOV) has a Total Current Liabilities of $592.64 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 Moove Lubricants Holdings and its competitors.
Is Moove Lubricants Holdings' Total Current Liabilities too high?
Moove Lubricants Holdings' current Total Current Liabilities is $592.64 Mil.
How does Moove Lubricants Holdings' Total Current Liabilities compare to ?
Moove Lubricants Holdings' Total Current Liabilities of $592.64 Mil can be compared against companies in the Chemicals 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 Chemicals company?
A good Total Current Liabilities depends on the Chemicals 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 Moove Lubricants Holdings and its competitors. Moove Lubricants Holdings's current Total Current Liabilities is $592.64 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Moove Lubricants Holdings stock overvalued right now?
Moove Lubricants Holdings (MOOV) has a current Total Current Liabilities of $592.64 Mil. The current Total Current Liabilities is $592.64 Mil. 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 Moove Lubricants Holdings (MOOV), the current Total Current Liabilities is $592.64 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.

Moove Lubricants Holdings Business Description

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Address Av. Brigadeiro Faria Lima, 4,100 - 8th Floor, Sao Paul, SP, BRA, 04538-132
Moove Lubricants Holdings is a lubricants solutions provider. The company specializes in the formulation, manufacturing, distribution, marketing, selling and servicing of lubricant products across a diverse range of end markets and customers.