GURUFOCUS.COM » STOCK LIST » Technology » Software » Seatech Ventures Corp (OTCPK:SEAV) » Definitions » Total Current Liabilities

Seatech Ventures (Seatech Ventures) Total Current Liabilities : $0.37 Mil (As of Mar. 2024)


View and export this data going back to 2020. Start your Free Trial

What is Seatech Ventures Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. Seatech Ventures's total current liabilities for the quarter that ended in Mar. 2024 was $0.37


Seatech Ventures Total Current Liabilities Historical Data

The historical data trend for Seatech Ventures'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.

Seatech Ventures Total Current Liabilities Chart

Seatech Ventures Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Current Liabilities
Get a 7-Day Free Trial 0.31 0.18 0.03 0.19 0.41

Seatech Ventures 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 0.24 0.32 0.29 0.41 0.37

Seatech Ventures Total Current Liabilities Calculation

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

Seatech Ventures'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
=0.394+0
+Other Current Liabilities+Current Deferred Liabilities
=-5.5511151231258E-17+0.02
=0.41

Seatech Ventures'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
=0.342+0
+Other Current Liabilities+Current Deferred Liabilities
=0+0.03
=0.37

* 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


Seatech Ventures Total Current Liabilities Related Terms

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


Seatech Ventures (Seatech Ventures) Business Description

Traded in Other Exchanges
N/A
Address
11-05 & 11-06, Tower A, Avenue 3, Vertical Business Suite, Jalan Kerinchi, Bangsar South, Kuala Lumpur, MYS, 59200
Seatech Ventures Corp is engaged in the business of providing business mentoring services, nurturing and incubation services relating to client businesses and corporate development advisory services to entrepreneurs in the broader technology industry, but with a specific focus on the information and communication technology industry. The services of the company are designed to assist tech-based entrepreneurs in solving ICT industry pain points caused by technical insufficiencies, inappropriate financial modelling and weak strategic positioning.