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Precision Metaliks (NSE:PRECISION) Total Current Liabilities : ₹765 Mil (As of Sep. 2024)


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What is Precision Metaliks Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. Precision Metaliks's total current liabilities for the quarter that ended in Sep. 2024 was ₹765

Precision Metaliks Total Current Liabilities Historical Data

The historical data trend for Precision Metaliks'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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Precision Metaliks Total Current Liabilities Chart

Precision Metaliks Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Total Current Liabilities
Get a 7-Day Free Trial 30.82 61.09 50.37 616.09 669.01

Precision Metaliks Semi-Annual Data
Mar19 Mar20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
Total Current Liabilities Get a 7-Day Free Trial Premium Member Only Premium Member Only 489.31 616.09 593.04 669.01 765.33

Precision Metaliks Total Current Liabilities Calculation

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

Precision Metaliks's Total Current Liabilities for the fiscal year that ended in Mar. 2024 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=642.616+0
+Other Current Liabilities+Current Deferred Liabilities
=26.397+0
=669

Precision Metaliks's Total Current Liabilities for the quarter that ended in Sep. 2024 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=733.336+0
+Other Current Liabilities+Current Deferred Liabilities
=31.994+0
=765

* 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

Precision Metaliks Total Current Liabilities Related Terms

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Precision Metaliks Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Precision Metaliks Ltd (NSE:PRECISION) » Definitions » Total Current Liabilities
Comparable Companies
BOM:513059 NSE:PREMIUM BOM:530711 BOM:522207 BOM:513418 BOM:521244 BOM:532933 BOM:543065 BOM:543606 NSE:VIAZ ORLY AZO TSE:6902 TSE:5108 XPAR:ML SHSE:600660 GPC XTER:CON XTER:KBX XKRX:012330
Traded in Other Exchanges
N/A
Address
Flat No. 202, CBM Compound, No. 9-19-43, Suryadev Apartments, Visakhapatnam, AP, IND, 530003
Website
https://www.precision-metaliks.com
Precision Metaliks Ltd is engaged in trading and manufacturing aluminum alloy wheels in a wide variety of sizes and finishing alloy wheels. The company is engaged in the processing of semi-finished alloy wheels by rendering value-added services and other engineering services.

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