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Mooreast Holdings (SGX:1V3) Total Current Liabilities : S$11.75 Mil (As of Jun. 2023)


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What is Mooreast 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. Mooreast Holdings's total current liabilities for the quarter that ended in Jun. 2023 was S$11.75

Mooreast Holdings Total Current Liabilities Historical Data

The historical data trend for Mooreast 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.

Mooreast Holdings Total Current Liabilities Chart

Mooreast Holdings Annual Data
Trend Dec20 Dec21 Dec22
Total Current Liabilities
6.45 10.26 8.97

Mooreast Holdings Semi-Annual Data
Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
Total Current Liabilities Get a 7-Day Free Trial - 10.26 10.88 8.97 11.75

Mooreast 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.

Mooreast Holdings's Total Current Liabilities for the fiscal year that ended in Dec. 2022 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=5.002+1.944
+Other Current Liabilities+Current Deferred Liabilities
=2.022+0
=8.97

Mooreast Holdings's Total Current Liabilities for the quarter that ended in Jun. 2023 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=6.858+2.092
+Other Current Liabilities+Current Deferred Liabilities
=2.804+0
=11.75

* 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

Mooreast Holdings Total Current Liabilities Related Terms

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Mooreast Holdings (SGX:1V3) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Mooreast Holdings Ltd (SGX:1V3) » Definitions » Total Current Liabilities
Comparable Companies
SGX:A04 SGX:BEZ SGX:5RC SGX:1J4 SGX:BTM RTX BA LMT XPAR:AIR NOC GD XPAR:SAF TDG LSE:BA. LHX XPAR:HO LSE:RR. HEI.A HWM SHSE:600760
Traded in Other Exchanges
N/A
Address
51 Shipyard Road, Mooreast Offshore Base, Singapore, SGP, 628139
Website
https://www.mooreast.com
Mooreast Holdings Ltd is a total mooring solutions specialist, serving the offshore oil and gas, marine and offshore renewable energy industries. With strong in-house capabilities in design, engineering and fabrication, the company offers a full range of mooring solutions including the design, engineering, fabrication, supply, mobilisation and logistics, installation and commissioning services for mooring systems and mooring system components as well as the provision of rigging and heavy lifting equipment.

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