The Financial CoOG (MUS:FINC) Total Current Liabilities: ر.ع1.18 Mil (As of Mar. 2023)


What is The Financial CoOG Total Current Liabilities?

The Financial CoOG MUS:FINC Total Current Liabilities is ر.ع1.18 Mil as of Mar. 2023.

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. The Financial CoOG's total current liabilities for the quarter that ended in Mar. 2023 was ر.ع1.18

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

The Financial CoOG Total Current Liabilities Related Terms

The Financial CoOG Total Current Liabilities Historical Data

* Premium members only.

The historical data trend for The Financial CoOG'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.

The Financial CoOG Total Current Liabilities Chart

The Financial CoOG Annual Data
Trend Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Dec16 Dec17 Dec21 Dec22
Total Current Liabilities
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.12 0.95 0.79 0.74 0.91

The Financial CoOG Quarterly Data
Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
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 0.00 0.63 1.22 0.91 1.18

The Financial CoOG Total Current Liabilities Calculation

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

The Financial CoOG's Total Current Liabilities for the fiscal year that ended in Dec. 2022 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=0.089+0
+Other Current Liabilities+Current Deferred Liabilities
=0.818+0
=0.91

The Financial CoOG's Total Current Liabilities for the quarter that ended in Mar. 2023 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=0.097+0
+Other Current Liabilities+Current Deferred Liabilities
=1.08+0
=1.18

* 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 ر.ع1.18 Mil mean?
The Financial CoOG (MUS:FINC) has a Total Current Liabilities of ر.ع1.18 Mil as of Mar. 2023. The total amount of liabilities with maturity less than one year as recorded on a company's balance sheet. View historical data for The Financial CoOG and its competitors.
Is The Financial CoOG's Total Current Liabilities too high?
The Financial CoOG's current Total Current Liabilities is ر.ع1.18 Mil.
How does The Financial CoOG's Total Current Liabilities compare to MS and GS?
The Financial CoOG's Total Current Liabilities of ر.ع1.18 Mil can be compared against companies in the Capital Markets 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 Capital Markets company?
A good Total Current Liabilities depends on the Capital Markets 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 The Financial CoOG and its competitors. The Financial CoOG's current Total Current Liabilities is ر.ع1.18 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is The Financial CoOG stock overvalued right now?
The Financial CoOG (MUS:FINC) has a current Total Current Liabilities of ر.ع1.18 Mil. The current Total Current Liabilities is ر.ع1.18 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 The Financial CoOG (MUS:FINC), the current Total Current Liabilities is ر.ع1.18 Mil as of Mar. 2023. 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.

The Financial CoOG Business Description

Address AlAthaiba - Way 48 AlAthaiba street, P.O.Box 782, Ruwi, OMN, 131
The Financial Corp Co SAOG is an Oman-based company engaged in the provision of investment banking and financial services. The company's operating segment includes Corporate Finance, Asset Management, Brokerage, and Corporate Research. Its Corporate Finance and advisory division offers the initial public offering, rights issues, private placement, private equity, mergers and acquisitions, divestments and others services. The Asset Management division manages two open-ended listed funds namely Al Amal Fund JIA and Majan Capital Fund JIA as well as discretionary portfolio management services. Brokerage division provides brokerage services. The Corporate Research division carries out research on the economy, financial markets, economic sectors, and corporations.