GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Nordic Technology Group AS (OSL:NTG) » Definitions » Total Current Liabilities

Nordic Technology Group AS (OSL:NTG) Total Current Liabilities : kr84.58 Mil (As of Dec. 2024)


View and export this data going back to 2022. Start your Free Trial

What is Nordic Technology 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. Nordic Technology Group AS's total current liabilities for the quarter that ended in Dec. 2024 was kr84.58

Nordic Technology Group AS Total Current Liabilities Historical Data

The historical data trend for Nordic Technology 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.

Nordic Technology Group AS Total Current Liabilities Chart

Nordic Technology Group AS Annual Data
Trend Dec21 Dec22 Dec23 Dec24
Total Current Liabilities
100.89 87.31 62.64 84.58

Nordic Technology Group AS Semi-Annual Data
Dec21 Dec22 Jun23 Dec23 Jun24 Dec24
Total Current Liabilities Get a 7-Day Free Trial 87.31 41.35 62.64 64.76 84.58

Nordic Technology 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.

Nordic Technology Group AS's Total Current Liabilities for the fiscal year that ended in Dec. 2024 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=21.152+26.141
+Other Current Liabilities+Current Deferred Liabilities
=37.289+0
=84.58

Nordic Technology Group AS's Total Current Liabilities for the quarter that ended in Dec. 2024 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=21.152+26.141
+Other Current Liabilities+Current Deferred Liabilities
=37.289+0
=84.58

* 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

Nordic Technology Group AS Total Current Liabilities Related Terms

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

Nordic Technology Group AS Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Nordic Technology Group AS (OSL:NTG) » Definitions » Total Current Liabilities
Comparable Companies
OSL:ININ TSE:6861 GRMN OSTO:HEXA B KEYS FTV TDY TRMB COHR TSE:7701 BMI ITRI MKSI VNT CGNX SZSE:002414 NOVT ESE TPE:2360 ST
Traded in Other Exchanges
N/A
Address
Tollbugata 24, Oslo, NOR, 0157
Website
https://www.ntechgroup.no
Nordic Technology Group AS operates within the technology industry, focusing on accelerating and maximizing the value of disrupting technology innovations. The business of the company is divided into three technology segments namely, Sensor technology, Nanomaterials technology, and Clean technology.