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Olimpo Real Estate Portugal SIGI (XLIS:MLORE) Total Current Liabilities : €0.80 Mil (As of Dec. 2023)


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What is Olimpo Real Estate Portugal SIGI Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. Olimpo Real Estate Portugal SIGI's total current liabilities for the quarter that ended in Dec. 2023 was €0.80

Olimpo Real Estate Portugal SIGI Total Current Liabilities Historical Data

The historical data trend for Olimpo Real Estate Portugal SIGI'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.

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Olimpo Real Estate Portugal SIGI Total Current Liabilities Chart

Olimpo Real Estate Portugal SIGI Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Total Current Liabilities
0.76 0.38 0.56 1.06 0.80

Olimpo Real Estate Portugal SIGI Semi-Annual Data
Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Total Current Liabilities Get a 7-Day Free Trial 0.56 0.64 1.06 1.36 0.80

Olimpo Real Estate Portugal SIGI Total Current Liabilities Calculation

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

Olimpo Real Estate Portugal SIGI'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
=0.713+0
+Other Current Liabilities+Current Deferred Liabilities
=0.088+0
=0.80

Olimpo Real Estate Portugal SIGI'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
=0.713+0
+Other Current Liabilities+Current Deferred Liabilities
=0.088+0
=0.80

* 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

Olimpo Real Estate Portugal SIGI Total Current Liabilities Related Terms

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Olimpo Real Estate Portugal SIGI (XLIS:MLORE) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Olimpo Real Estate Portugal SIGI SA (XLIS:MLORE) » Definitions » Total Current Liabilities
Comparable Companies
SAU:4007 SAU:4004 SAU:4002 SAU:9518 SAU:4005 SAU:9530 SAU:4009 VICI ASX:GMG WPC ASX:CHC ASX:ABP ASX:DXS STOR ASX:CLW LSE:LAND XPAR:COV ASX:SGP ASX:GPT ASX:GOZ
Traded in Other Exchanges
N/A
Address
Lugar do Espido, Via Norte, Miaia, PRT, 4471-909
Website
https://www.ores-portugal.com
Olimpo Real Estate Portugal SIGI SA is a real estate investment and asset management company. The company's objectives are to acquire offices and commercial real estate assets with long-term growth potential in the Portuguese and Spanish markets.

Olimpo Real Estate Portugal SIGI (XLIS:MLORE) Headlines

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