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Securemetric Bhd (XKLS:0203) Total Current Liabilities : RM15.27 Mil (As of Dec. 2023)


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What is Securemetric Bhd Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. Securemetric Bhd's total current liabilities for the quarter that ended in Dec. 2023 was RM15.27


Securemetric Bhd Total Current Liabilities Historical Data

The historical data trend for Securemetric Bhd'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.

Securemetric Bhd Total Current Liabilities Chart

Securemetric Bhd Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Current Liabilities
Get a 7-Day Free Trial Premium Member Only 11.78 9.41 10.49 15.23 15.27

Securemetric Bhd Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 15.23 20.46 20.21 16.69 15.27

Securemetric Bhd Total Current Liabilities Calculation

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

Securemetric Bhd'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
=6.795+0.667
+Other Current Liabilities+Current Deferred Liabilities
=7.806+0
=15.27

Securemetric Bhd's Total Current Liabilities for the quarter that ended in Dec. 2023 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=6.795+0.667
+Other Current Liabilities+Current Deferred Liabilities
=7.806+0
=15.27

* 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


Securemetric Bhd Total Current Liabilities Related Terms

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Securemetric Bhd (XKLS:0203) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Level 5-E-6, Enterprise 4, Technology Park Malaysia Lebuhraya, Sg. Besi - Puchong, Bukit Jalil, Kuala Lumpur, MYS, 57000
Securemetric Bhd provides digital security solutions as well as trading of electronic identification products along with other services. Its core focus is into Software Licensing Protection dongles for the prevention of unauthorized access, 2-Factor Authentication aims to enhance access security by single-time OTP password, Advanced Identity, and Access Management, Public Key Infrastructure, and CENTAGATE which is an exclusive software that manages user authentication. It operates through the following business segments: Digital security solutions; Electronic identification products and Others.

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