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Pattech Fitwell Tube Components (NSE:PATTECH) Total Current Liabilities : ₹42.7 Mil (As of Sep. 2023)


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What is Pattech Fitwell Tube Components Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. Pattech Fitwell Tube Components's total current liabilities for the quarter that ended in Sep. 2023 was ₹42.7

Pattech Fitwell Tube Components Total Current Liabilities Historical Data

The historical data trend for Pattech Fitwell Tube Components'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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Pattech Fitwell Tube Components Total Current Liabilities Chart

Pattech Fitwell Tube Components Annual Data
Trend Mar20 Mar21 Mar22
Total Current Liabilities
44.20 47.95 74.26

Pattech Fitwell Tube Components Semi-Annual Data
Mar20 Mar21 Mar22 Sep23
Total Current Liabilities 44.20 47.95 74.26 42.68

Pattech Fitwell Tube Components Total Current Liabilities Calculation

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

Pattech Fitwell Tube Components's Total Current Liabilities for the fiscal year that ended in Mar. 2022 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=26.039+43.88
+Other Current Liabilities+Current Deferred Liabilities
=4.336+0
=74.3

Pattech Fitwell Tube Components's Total Current Liabilities for the quarter that ended in Sep. 2023 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=12.856+25.907
+Other Current Liabilities+Current Deferred Liabilities
=3.916+0
=42.7

* 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

Pattech Fitwell Tube Components Total Current Liabilities Related Terms

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Pattech Fitwell Tube Components (NSE:PATTECH) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Pattech Fitwell Tube Components Ltd (NSE:PATTECH) » Definitions » Total Current Liabilities
Comparable Companies
BOM:533602 BOM:532918 BOM:531651 BOM:539011 BOM:540923 BOM:540082 BOM:538610 BOM:513043 NSE:AGUL BOM:504988 NUE XKRX:005490 BOM:500228 TSE:5401 SHSE:600019 XAMS:MT STLD NSE:TATASTEEL RS MIC:CHMF
Traded in Other Exchanges
N/A
Address
Survey No.873/B/1 Road No:1 Anson Limbani Estate, Near GETCO 66 KV Substation GIDC POR NH-8, Vadodara, GJ, IND, 391243
Website
https://www.pftcpipefittings.com
Pattech Fitwell Tube Components Ltd is engaged in manufacturing pipe fittings, flanges, and various types of forgings and machined components as well as pipe spools and fabrication works for various industries like fertilizers, petrochemical, power, chemical & pharmaceutical, food processing, oil & gas, desalination & water treatment, shipbuilding, defense, fabrication of process equipment, instrumentation.

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