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CMC Magnetics (TPE:2323) Total Current Liabilities : NT$3,531 Mil (As of Mar. 2024)


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What is CMC Magnetics Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. CMC Magnetics's total current liabilities for the quarter that ended in Mar. 2024 was NT$3,531

CMC Magnetics Total Current Liabilities Historical Data

The historical data trend for CMC Magnetics'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.

CMC Magnetics Total Current Liabilities Chart

CMC Magnetics 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 3,995.72 3,406.47 3,395.31 3,715.72 3,280.34

CMC Magnetics 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 3,801.31 4,018.76 3,785.97 3,280.34 3,531.41

CMC Magnetics Total Current Liabilities Calculation

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

CMC Magnetics'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
=1492.818+1568.905
+Other Current Liabilities+Current Deferred Liabilities
=218.617+0
=3,280

CMC Magnetics'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
=1219.282+2040.71
+Other Current Liabilities+Current Deferred Liabilities
=271.416+0
=3,531

* 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

CMC Magnetics Total Current Liabilities Related Terms

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CMC Magnetics (TPE:2323) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Hardware » CMC Magnetics Corp (TPE:2323) » Definitions » Total Current Liabilities
Comparable Companies
TPE:3022 TPE:2480 TPE:6166 ROCO:6245 ROCO:3611 TPE:6756 ROCO:3217 TPE:2331 TPE:6197 ROCO:8050 ANET DELL SZSE:002415 HPQ TPE:2382 TSE:7751 SHSE:688041 NTAP HKSE:00992 STX
Traded in Other Exchanges
N/A
Address
53, Ming Chuan West Road, 15th Floor, Taipei, TWN
Website
https://www.cmcnet.com.tw
CMC Magnetics Corp is engaged in the manufacturing and sale of consumer electronic products, including optical discs, and the acquisition of film agency rights, and production and distribution of digital discs and Blu-ray discs for sales and rental business. CMC provides optical storage devices like compact discs and digital video discs with additional functionalities that allow a user to record or rewrite data. The company also offers to package for optical storage products, USB storage, alkaline batteries, and flash storage products. Its products include Compact Disc Recordable, Compact Disc Rewritable, Digital Video Disc-Recordable, videotapes, and others. The firm has manufacturing facilities in Taiwan, China, and Hong Kong, and generates revenue from the Americas, Europe, and Asia.

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