GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » HI-Green Carbon Ltd (NSE:HIGREEN) » Definitions » Total Current Liabilities

HI-Green Carbon (NSE:HIGREEN) Total Current Liabilities : ₹169.3 Mil (As of Mar. 2023)


View and export this data going back to 2023. Start your Free Trial

What is HI-Green Carbon Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. HI-Green Carbon's total current liabilities for the quarter that ended in Mar. 2023 was ₹169.3

HI-Green Carbon Total Current Liabilities Historical Data

The historical data trend for HI-Green Carbon'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.

* Premium members only.

HI-Green Carbon Total Current Liabilities Chart

HI-Green Carbon Annual Data
Trend Mar21 Mar22 Mar23
Total Current Liabilities
111.25 102.84 169.33

HI-Green Carbon Semi-Annual Data
Mar21 Mar22 Mar23
Total Current Liabilities 111.25 102.84 169.33

HI-Green Carbon Total Current Liabilities Calculation

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

HI-Green Carbon's Total Current Liabilities for the fiscal year that ended in Mar. 2023 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=45.556+98.049
+Other Current Liabilities+Current Deferred Liabilities
=25.722+0
=169.3

HI-Green Carbon'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
=45.556+98.049
+Other Current Liabilities+Current Deferred Liabilities
=25.722+0
=169.3

* 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

HI-Green Carbon Total Current Liabilities Related Terms

Thank you for viewing the detailed overview of HI-Green Carbon's Total Current Liabilities provided by GuruFocus.com. Please click on the following links to see related term pages.

HI-Green Carbon (NSE:HIGREEN) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » HI-Green Carbon Ltd (NSE:HIGREEN) » Definitions » Total Current Liabilities
Comparable Companies
BOM:500089 BOM:530961 BOM:524570 BOM:532707 BOM:514354 BOM:500367 BOM:514418 BOM:540395 BOM:504092 BOM:523105 LIN XPAR:AI APD SHW ECL XSWX:SIKA SHSE:600309 BOM:500820 DD XSWX:GIVN
Traded in Other Exchanges
N/A
Address
G-557, Lodhika Industrial Estate, Metoda G.I.D.C. Gate No. 3, Metoda, Lodhika, Rajkot, GJ, IND, 360021
Website
https://www.higreencarbon.com
HI-Green Carbon Ltd is engaged in the business of waste tyres recycling. Its manufacturing plant operates on a continuous pyrolysis process. It is an uninterrupted working method with a continuous feeding and discharging system controlled by the program logic controller system. The company processes end-of-life tyres (ELTs) pieces to produce energy components and raw materials. Its major products are Recovered Carbon Black (rCB) and Steel Wires under the Raw Material Category and fuel Oil and Synthesis Gas under the Energy components category.

HI-Green Carbon (NSE:HIGREEN) Headlines

No Headlines