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MIRAI (TSE:3476) Total Current Liabilities : 円23,672 Mil (As of Apr. 2023)


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What is MIRAI Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. MIRAI's total current liabilities for the quarter that ended in Apr. 2023 was 円23,672


MIRAI Total Current Liabilities Historical Data

The historical data trend for MIRAI'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.

MIRAI Total Current Liabilities Chart

MIRAI Annual Data
Trend Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22
Total Current Liabilities
Get a 7-Day Free Trial 1,340.86 1,733.18 5,162.37 11,665.64 12,711.09

MIRAI Semi-Annual Data
May16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23
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 16,611.09 11,665.64 8,681.41 12,711.09 23,671.57

MIRAI Total Current Liabilities Calculation

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

MIRAI's Total Current Liabilities for the fiscal year that ended in Oct. 2022 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=1530.722+10500
+Other Current Liabilities+Current Deferred Liabilities
=680.37+0
=12,711

MIRAI's Total Current Liabilities for the quarter that ended in Apr. 2023 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=1474.391+21500
+Other Current Liabilities+Current Deferred Liabilities
=697.183+0
=23,672

* 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


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MIRAI (TSE:3476) Business Description

Industry
Traded in Other Exchanges
N/A
Address
No. 2, No. 1, Nishikamada, Chiyoda-ku, Tokyo, JPN, 101-0065
MIRAI Corp is a Japanese real estate investment trust. The company invests in diversified portfolio of real estate properties including office buildings, retail properties and hotel.

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