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Westbridge Renewable Energy (TSXV:WEB) Total Current Liabilities : C$36.30 Mil (As of Feb. 2024)


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What is Westbridge Renewable Energy Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. Westbridge Renewable Energy's total current liabilities for the quarter that ended in Feb. 2024 was C$36.30


Westbridge Renewable Energy Total Current Liabilities Historical Data

The historical data trend for Westbridge Renewable Energy'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.

Westbridge Renewable Energy Total Current Liabilities Chart

Westbridge Renewable Energy Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Nov21 Nov22 Nov23
Total Current Liabilities
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.64 0.08 0.43 0.76 46.27

Westbridge Renewable Energy Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 0.86 1.73 9.35 46.27 36.30

Westbridge Renewable Energy Total Current Liabilities Calculation

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

Westbridge Renewable Energy's Total Current Liabilities for the fiscal year that ended in Nov. 2023 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=1.39+35.929
+Other Current Liabilities+Current Deferred Liabilities
=6.122+2.827
=46.27

Westbridge Renewable Energy's Total Current Liabilities for the quarter that ended in Feb. 2024 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=5.362+26.501
+Other Current Liabilities+Current Deferred Liabilities
=0.2+4.235
=36.30

* 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


Westbridge Renewable Energy Total Current Liabilities Related Terms

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Westbridge Renewable Energy (TSXV:WEB) Business Description

Traded in Other Exchanges
Address
800 West Pender Street, Suite 615, Vancouver, BC, CAN, V6C 2V6
Westbridge Renewable Energy Corp is focused on delivering attractive, long-term returns by identifying, originating, and developing a global portfolio of renewable assets for investors and utilities. It develops best-in-class, utility-scale solar PV projects. It is turning green fields and the power of the sun into a reliable, sustainable flow of energy.
Executives
Pandelis Vassilakakis Senior Officer