GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » LBC Express Holdings (PHS:LBC) » Definitions » Total Current Liabilities

LBC Express Holdings (PHS:LBC) Total Current Liabilities : ₱9,931 Mil (As of Mar. 2024)


View and export this data going back to 2001. Start your Free Trial

What is LBC Express Holdings Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. LBC Express Holdings's total current liabilities for the quarter that ended in Mar. 2024 was ₱9,931


LBC Express Holdings Total Current Liabilities Historical Data

The historical data trend for LBC Express Holdings'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.

LBC Express Holdings Total Current Liabilities Chart

LBC Express Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Current Liabilities
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4,942.50 9,555.19 10,717.07 12,068.71 10,230.99

LBC Express Holdings Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 10,274.82 10,013.87 9,666.65 10,230.99 9,930.77

LBC Express Holdings Total Current Liabilities Calculation

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

LBC Express Holdings'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
=2704.023+4183.189
+Other Current Liabilities+Current Deferred Liabilities
=3343.781+0
=10,231

LBC Express Holdings'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
=2346.589+4166.835
+Other Current Liabilities+Current Deferred Liabilities
=3417.348+0
=9,931

* 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


LBC Express Holdings Total Current Liabilities Related Terms

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


LBC Express Holdings (PHS:LBC) Business Description

Traded in Other Exchanges
N/A
Address
Domestic Airport Road, LBC Hangar, General Aviation Centre, Metro Manila, Pasay, PHL, 1300
LBC Express Holdings is a Philippines-based holding company engaged in providing logistics and money transfer services. Through the logistics services, the company serves two customer segments, retail customers, and corporate customers. It provides services such as courier, air cargo forwarding, and balikbayan box services to retail customers. To corporate customers, it offers courier and freight forwarding services, corporate solutions, and tailor-made corporate logistics services. In the money transfer services segment, the company comprises both domestic and international money transfer services such as remittances, bill payment collection, and corporate remittance payout services. The firm operates in the Philippines and globally, and generates key revenue from the Logistics segment.

LBC Express Holdings (PHS:LBC) Headlines

From GuruFocus

Luther Burbank Corporation Names Yzaguirre to Board of Directors

By Marketwired Marketwired 10-28-2021

Renu Agrawal Joins Luther Burbank Corporation Board of Directors

By Marketwired Marketwired 12-23-2020

Renu Agrawal Joins Luther Burbank Corporation Board of Directors

By GlobeNewswire GlobeNewswire 12-23-2020