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Shri Techtex (NSE:SHRITECH) Total Current Liabilities : ₹145.0 Mil (As of Sep. 2024)


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What is Shri Techtex Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. Shri Techtex's total current liabilities for the quarter that ended in Sep. 2024 was ₹145.0

Shri Techtex Total Current Liabilities Historical Data

The historical data trend for Shri Techtex'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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Shri Techtex Total Current Liabilities Chart

Shri Techtex Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24
Total Current Liabilities
20.75 68.45 124.17 120.01 75.99

Shri Techtex Semi-Annual Data
Mar20 Mar21 Mar22 Mar23 Sep23 Mar24 Sep24
Total Current Liabilities Get a 7-Day Free Trial 124.17 120.01 - 75.99 145.02

Shri Techtex Total Current Liabilities Calculation

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

Shri Techtex'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
=26.78+42.027
+Other Current Liabilities+Current Deferred Liabilities
=7.181+0
=76.0

Shri Techtex'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
=21.146+111.636
+Other Current Liabilities+Current Deferred Liabilities
=12.242+0
=145.0

* 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

Shri Techtex Total Current Liabilities Related Terms

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Shri Techtex Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Shri Techtex Ltd (NSE:SHRITECH) » Definitions » Total Current Liabilities
Comparable Companies
NSE:LAGNAM BOM:533407 BOM:514470 BOM:521113 BOM:523011 BOM:539546 BOM:503804 BOM:509692 BOM:539562 BOM:532674 HKSE:02313 TSE:3402 TPE:1402 SZSE:000158 BOM:532889 IST:SASA SHSE:601233 SHSE:600295 AIN SZSE:301526
Traded in Other Exchanges
N/A
Address
Harmony, 2nd Floor,15/A, Shree Vidhyanagar Co-Operative Housing Society Ltd., Opposite Nabard, Near Usmanpura Garden, Ahmedabad, GJ, IND, 380014
Website
https://www.shritechtex.com
Shri Techtex Ltd is engaged in the business of manufacturing of Polypropylene (PP) Non-Woven Fabric. The practical use of non-woven fabric is more ecological for certain applications, especially in fields and industries where disposable or single-use products are important, such as organic farming, hospitals, health care, nursing homes, home furnishing, vehicle upholstery seat fabrication, Mattress & furniture covering, ecological packaging, industrial and consumer goods. The company manufactures PP non-woven fabric in a variety of sizes and densities.

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