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Sharp Chucks and Machines (NSE:SCML) Total Current Liabilities : ₹901 Mil (As of Mar. 2023)


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What is Sharp Chucks and Machines Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. Sharp Chucks and Machines's total current liabilities for the quarter that ended in Mar. 2023 was ₹901

Sharp Chucks and Machines Total Current Liabilities Historical Data

The historical data trend for Sharp Chucks and Machines'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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Sharp Chucks and Machines Total Current Liabilities Chart

Sharp Chucks and Machines Annual Data
Trend Mar21 Mar22 Mar23
Total Current Liabilities
669.06 1,037.83 900.68

Sharp Chucks and Machines Semi-Annual Data
Mar21 Mar22 Mar23
Total Current Liabilities 669.06 1,037.83 900.68

Sharp Chucks and Machines Total Current Liabilities Calculation

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

Sharp Chucks and Machines'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
=288.19+595.416
+Other Current Liabilities+Current Deferred Liabilities
=17.071+0
=901

Sharp Chucks and Machines'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
=288.19+595.416
+Other Current Liabilities+Current Deferred Liabilities
=17.071+0
=901

* 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

Sharp Chucks and Machines Total Current Liabilities Related Terms

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Sharp Chucks and Machines (NSE:SCML) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Sharp Chucks and Machines Ltd (NSE:SCML) » Definitions » Total Current Liabilities
Comparable Companies
BOM:513709 NSE:GLOBALPET NSE:AUROIMPEX NSE:PENTAGON BOM:537326 BOM:544001 BOM:504286 NSE:MARSHALL NSE:MAKS BOM:505324 GE XTER:SIE XPAR:SU ETN ITW XKRX:373220 OSTO:ATCO A EMR PH AME
Traded in Other Exchanges
N/A
Address
A-12, Industrial Development Colony, Jalandhar, PB, IND, 144012
Website
https://www.sharpchucks.com
Sharp Chucks and Machines Ltd is engaged in manufacturing forging products, casting products and machined components, that finds application in diverse industry, such as tractor, automobiles, material handling & earth moving equipment, railways, defense, machine tools, DIY industry, etc.

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