GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Distribution » AME Company for Medical Supplies (SAU:9527) » Definitions » Total Current Liabilities

AME Company for Medical Supplies (SAU:9527) Total Current Liabilities : ﷼52.2 Mil (As of Dec. 2023)


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

What is AME Company for Medical Supplies Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. AME Company for Medical Supplies's total current liabilities for the quarter that ended in Dec. 2023 was ﷼52.2

AME Company for Medical Supplies Total Current Liabilities Historical Data

The historical data trend for AME Company for Medical Supplies'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.

AME Company for Medical Supplies Total Current Liabilities Chart

AME Company for Medical Supplies Annual Data
Trend Dec21 Dec22 Dec23
Total Current Liabilities
31.91 37.43 52.16

AME Company for Medical Supplies Semi-Annual Data
Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Total Current Liabilities Get a 7-Day Free Trial 31.91 38.47 37.43 47.94 52.16

AME Company for Medical Supplies Total Current Liabilities Calculation

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

AME Company for Medical Supplies'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
=42.214+1.202
+Other Current Liabilities+Current Deferred Liabilities
=8.746+0
=52.2

AME Company for Medical Supplies's Total Current Liabilities for the quarter that ended in Dec. 2023 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=42.214+1.202
+Other Current Liabilities+Current Deferred Liabilities
=8.746+0
=52.2

* 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

AME Company for Medical Supplies Total Current Liabilities Related Terms

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

AME Company for Medical Supplies (SAU:9527) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Distribution » AME Company for Medical Supplies (SAU:9527) » Definitions » Total Current Liabilities
Comparable Companies
TSE:6566 TSE:1712 TSE:4125 TSE:5699 TSE:4651 TSE:5698 TSE:2325 TSE:2195 TSE:4245 TSE:6403 MCK COR CAH HSIC SHSE:601607 HKSE:01099 MIL:AMP NZSE:EBO XSWX:GALE TSE:7459
Traded in Other Exchanges
N/A
Address
Prince Sultan Street, P.O. Box 11544, Jeddah, SAU, 21463
Website
https://www.ame.med.sa
AME Company for Medical Supplies is engaged in providing medical devices and equipment. It generates maximum revenue from the medical supplies segment. The Company is engaged in wholesale and retail trade which mainly includes perfumes, cosmetics, orthotic devices, medical supplies, decorative soap, incense, veterinary medicine and medical equipment.

AME Company for Medical Supplies (SAU:9527) Headlines

No Headlines