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Netcompany Group AS (OCSE:NETC) Total Current Liabilities : kr1,886 Mil (As of Sep. 2024)


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What is Netcompany Group AS Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. Netcompany Group AS's total current liabilities for the quarter that ended in Sep. 2024 was kr1,886

Netcompany Group AS Total Current Liabilities Historical Data

The historical data trend for Netcompany Group AS'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.

Netcompany Group AS Total Current Liabilities Chart

Netcompany Group AS Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Current Liabilities
Get a 7-Day Free Trial Premium Member Only 528.13 553.63 1,312.51 1,489.40 1,893.10

Netcompany Group AS Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Total Current Liabilities Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1,674.80 1,893.10 1,972.70 2,043.80 1,885.50

Netcompany Group AS Total Current Liabilities Calculation

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

Netcompany Group AS's Total Current Liabilities for the fiscal year that ended in Dec. 2023 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=808.4+261.6
+Other Current Liabilities+Current Deferred Liabilities
=823.1+0
=1,893

Netcompany Group AS'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
=912.7+152
+Other Current Liabilities+Current Deferred Liabilities
=820.8+0
=1,886

* 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

Netcompany Group AS Total Current Liabilities Related Terms

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Netcompany Group AS Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » Netcompany Group AS (OCSE:NETC) » Definitions » Total Current Liabilities
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OCSE:TRIFOR OCSE:NNIT OCSE:COLUM OCSE:WIRTEK OCSE:DATA ACN NSE:TCS IBM NSE:INFY FI NSE:HCLTECH CTSH XPAR:CAP FIS CDW IT TSE:6702 BOM:507685 TSX:GIB.A BR
Traded in Other Exchanges
NETCc:UK 0YH9:UK 60N:Germany
Address
Strandgade 3, Copenhagen, DNK, 1401
Website
https://www.netcompany.com
Netcompany Group AS is an information technology company. The company is engaged in delivering business-critical IT solutions to large Public and Private sector customers and supporting them in their digital transformation journeys. Its products include software solutions and digital platforms such as Pulse, Easley AI and Solon Tax among others. It generates maximum revenue from the Public segment. The company serves enterprises from Finance; Government; Manufacturing and engineering; Municipalities; Retail and trade; Service companies; Telecommunication and media; Energy and Utilities and other industries. Geographically, it derives a majority of its revenue from Denmark and also has its presence in United Kingdom, Belgium, Greece, Netherlands and other regions.