GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Rockingdeals Circular Economy Ltd (NSE:ROCKINGDCE) » Definitions » Total Current Liabilities

Rockingdeals Circular Economy (NSE:ROCKINGDCE) Total Current Liabilities : ₹49.5 Mil (As of Mar. 2024)


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

What is Rockingdeals Circular Economy Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. Rockingdeals Circular Economy's total current liabilities for the quarter that ended in Mar. 2024 was ₹49.5

Rockingdeals Circular Economy Total Current Liabilities Historical Data

The historical data trend for Rockingdeals Circular Economy'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.

Rockingdeals Circular Economy Total Current Liabilities Chart

Rockingdeals Circular Economy Annual Data
Trend Mar21 Mar22 Mar23 Mar24
Total Current Liabilities
124.38 78.10 49.15 49.54

Rockingdeals Circular Economy Semi-Annual Data
Mar21 Mar22 Mar23 Mar24
Total Current Liabilities 124.38 78.10 49.15 49.54

Rockingdeals Circular Economy Total Current Liabilities Calculation

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

Rockingdeals Circular Economy'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
=24.394+0.226
+Other Current Liabilities+Current Deferred Liabilities
=24.921+0
=49.5

Rockingdeals Circular Economy's Total Current Liabilities for the quarter that ended in Mar. 2024 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=24.394+0.226
+Other Current Liabilities+Current Deferred Liabilities
=24.921+0
=49.5

* 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

Rockingdeals Circular Economy Total Current Liabilities Related Terms

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

Rockingdeals Circular Economy Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Rockingdeals Circular Economy Ltd (NSE:ROCKINGDCE) » Definitions » Total Current Liabilities
Comparable Companies
NSE:ONDOOR BOM:512600 BOM:540146 BOM:542337 TSE:8267 PHS:SM XSGO:FALABELLA LSE:MKS XSGO:CENCOSUD TSE:7453 JSE:SHP TSE:9005 SHSE:601933 SZSE:000564 MEX:LIVEPOL1 NSE:VMM DDS JSE:PPH TSE:3099 XKLS:5326
Traded in Other Exchanges
N/A
Address
Mile Stone, 12/3, NH 44, Mathura Road, Sector 37, Near Sarai Metro Station, Sarai Khawaja Village, Faridabad, HR, IND, 121003
Website
https://www.rockingdeals.in
Rockingdeals Circular Economy Ltd is engaged in bulk trading of excess inventory, open-boxed inventory, re-commerce products and refurbished products. These products range in several categories such as small home appliances, apparel, kitchenware and household, speaker & mobile accessories, large appliances, footwear, etc. These products are generally of various brands such as Samsung, Thomson, MI, LG, symphony, ZARA, Nike, Reebok, Campus, Sony, JBL, Boat, Gizmore, One Plus, etc.

Rockingdeals Circular Economy Headlines

No Headlines