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NORSF (Norsk Titanium AS) Total Current Liabilities : $6.32 Mil (As of Dec. 2024)


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What is Norsk Titanium AS Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. Norsk Titanium AS's total current liabilities for the quarter that ended in Dec. 2024 was $6.32

Norsk Titanium AS Total Current Liabilities Historical Data

The historical data trend for Norsk Titanium AS'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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Norsk Titanium AS Total Current Liabilities Chart

Norsk Titanium AS Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Total Current Liabilities
Get a 7-Day Free Trial 101.92 6.76 6.62 15.51 6.32

Norsk Titanium AS Semi-Annual Data
Dec18 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 6.62 5.89 15.51 25.69 6.32

Norsk Titanium AS Total Current Liabilities Calculation

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

Norsk Titanium AS's Total Current Liabilities for the fiscal year that ended in Dec. 2024 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=1.793+0.367
+Other Current Liabilities+Current Deferred Liabilities
=4.161+0
=6.32

Norsk Titanium AS's Total Current Liabilities for the quarter that ended in Dec. 2024 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=1.793+0.367
+Other Current Liabilities+Current Deferred Liabilities
=4.161+0
=6.32

* 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

Norsk Titanium AS Total Current Liabilities Related Terms

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Norsk Titanium AS Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Norsk Titanium AS (OTCPK:NORSF) » Definitions » Total Current Liabilities
Comparable Companies
OSL:PHLY GE RTX BA XPAR:AIR LMT XPAR:SAF LSE:RR. TDG GD XTER:RHM NOC LSE:BA. HWM XPAR:HO AXON LHX BOM:541154 HEI.A MIL:LDO
Traded in Other Exchanges
NTI:Norway 84F:Germany
Address
Flyplassveien 20, Honefoss, NOR, 3514
Website
https://www.norsktitanium.com
Norsk Titanium AS is in metal 3D printing. The company uses its proprietary Rapid Plasma Deposition (RPD) technology for cost-efficient 3D printing of metal alloys. This technology enables the production of value-added parts that are suitable for a large market. The company's focus is on high-end structural applications that require the use of 3D-printed titanium parts, which offer substantial benefits compared to traditional materials and production methods. The company caters to high-complexity markets such as commercial aerospace and defense, which allows them to deliver value propositions and position itself for expansion into other markets. Geographically the company generates revenue from Norway, Europe, and the USA with the majority being generated from Norway.

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