GURUFOCUS.COM » STOCK LIST » Technology » Software » Shinko Inc (TSE:7120) » Definitions » Total Current Liabilities

Shinko (TSE:7120) Total Current Liabilities : 円2,400 Mil (As of Sep. 2024)


View and export this data going back to 2023. Start your Free Trial

What is Shinko Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. Shinko's total current liabilities for the quarter that ended in Sep. 2024 was 円2,400

Shinko Total Current Liabilities Historical Data

The historical data trend for Shinko'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.

Shinko Total Current Liabilities Chart

Shinko Annual Data
Trend Mar21 Mar22 Mar23 Mar24
Total Current Liabilities
3,018.55 3,121.85 3,397.16 3,061.57

Shinko Quarterly Data
Mar21 Mar22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Sep24
Total Current Liabilities Get a 7-Day Free Trial Premium Member Only 2,473.50 2,574.66 2,736.29 3,061.57 2,399.87

Shinko Total Current Liabilities Calculation

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

Shinko'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
=1493.049+21.8
+Other Current Liabilities+Current Deferred Liabilities
=1546.72+0
=3,062

Shinko's Total Current Liabilities for the quarter that ended in Sep. 2024 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=936.363+0
+Other Current Liabilities+Current Deferred Liabilities
=1463.51+0
=2,400

* 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

Shinko Total Current Liabilities Related Terms

Thank you for viewing the detailed overview of Shinko's Total Current Liabilities provided by GuruFocus.com. Please click on the following links to see related term pages.

Shinko Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » Shinko Inc (TSE:7120) » Definitions » Total Current Liabilities
Comparable Companies
TSE:5868 TSE:5035 TSE:4261 TSE:7072 TSE:3766 TSE:4068 TSE:4450 TSE:7046 TSE:4736 TSE:4335 IBM ACN NSE:TCS FI NSE:INFY NSE:HCLTECH TSE:6702 FIS TSE:9613 CTSH
Traded in Other Exchanges
N/A
Address
8F CS Tower, 5-20-8 Asakusabashi, Taito-ku, Tokyo, JPN, 111-0053
Website
https://www.kk-shinko.com
Shinko Inc is engaged in providing maintenance services for IT equipment and Staffing services. The company's services and products include; Maintenance services, human resource services, Introduction design and installation development services, and Network security-related products. The Maintenance services include Onsite maintenance service, Help desk service, Remote monitoring service, and call center service. The human resource services include an Engineer dispatch service and a Business contract. The Introduction design and installation development services include Network design and construction, Wireless environment construction, and Communication system construction.

Shinko Headlines

No Headlines