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NTN (STU:NTN) Total Current Liabilities : €2,210 Mil (As of Mar. 2024)


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What is NTN Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. NTN's total current liabilities for the quarter that ended in Mar. 2024 was €2,210

NTN Total Current Liabilities Historical Data

The historical data trend for NTN'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.

NTN Total Current Liabilities Chart

NTN Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Total Current Liabilities
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,412.07 2,259.18 2,459.61 2,578.96 2,210.10

NTN 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 2,578.96 2,306.85 2,192.07 2,206.64 2,210.10

NTN Total Current Liabilities Calculation

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

NTN's Total Current Liabilities for the fiscal year that ended in Mar. 2024 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=445.881+833.387
+Other Current Liabilities+Current Deferred Liabilities
=930.828+0
=2,210

NTN'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
=445.881+833.387
+Other Current Liabilities+Current Deferred Liabilities
=930.828+0
=2,210

* 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

NTN Total Current Liabilities Related Terms

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NTN (STU:NTN) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » NTN Corp (STU:NTN) » Definitions » Total Current Liabilities
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Traded in Other Exchanges
6472:Japan
Address
3-17, 1-chome, Kyomachibori, Nishi-ku, Osaka, JPN, 550-0003
Website
http://www.ntn.co.jp
NTN Corp is a Japan-based company that manufactures and sells bearings, constant velocity joints, precision equipment, aftermarket parts, and other mechanical parts. The company's products are used in a wide range of applications, including automobile, electric vehicle, rolling stock, wind turbine, construction and mining machinery, agricultural machinery, machine tools, office equipment, steel manufacturing machinery, paper manufacturing machinery, food machinery, medical equipment, aerospace, and robots. The company has a global presence, with Japan, the Americas, and Europe the three largest markets for the company.