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Ridge-i (TSE:5572) Total Current Liabilities : 円223 Mil (As of Jul. 2024)


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What is Ridge-i Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. Ridge-i's total current liabilities for the quarter that ended in Jul. 2024 was 円223

Ridge-i Total Current Liabilities Historical Data

The historical data trend for Ridge-i'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.

Ridge-i Total Current Liabilities Chart

Ridge-i Annual Data
Trend Jul21 Jul22 Jul23 Jul24
Total Current Liabilities
128.91 147.63 73.18 222.89

Ridge-i Quarterly Data
Jul21 Jul22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24
Total Current Liabilities Get a 7-Day Free Trial Premium Member Only 73.18 60.18 129.07 86.31 222.89

Ridge-i Total Current Liabilities Calculation

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

Ridge-i's Total Current Liabilities for the fiscal year that ended in Jul. 2024 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=127.277+0
+Other Current Liabilities+Current Deferred Liabilities
=95.609+0
=223

Ridge-i's Total Current Liabilities for the quarter that ended in Jul. 2024 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=127.277+0
+Other Current Liabilities+Current Deferred Liabilities
=95.609+0
=223

* 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

Ridge-i Total Current Liabilities Related Terms

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Ridge-i Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » Ridge-i Inc (TSE:5572) » Definitions » Total Current Liabilities
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Traded in Other Exchanges
N/A
Address
1-6-1 Otemachi, Otemachi Building 438, Chiyoda-ku,, Tokyo, JPN, 100-0004
Website
https://www.ridge-i.com
Ridge-i Inc is engaged in the consulting and development of AI/deep learning technology; provision of joint ventures, licenses, maintenance models, products developed in-house and provision of AI analysis solutions using satellite data.

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