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NH Hotel Group (XMAD:NHH) Total Current Liabilities : €790 Mil (As of Dec. 2023)


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What is NH Hotel Group Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. NH Hotel Group's total current liabilities for the quarter that ended in Dec. 2023 was €790

NH Hotel Group Total Current Liabilities Historical Data

The historical data trend for NH Hotel Group'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.

NH Hotel Group Total Current Liabilities Chart

NH Hotel Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Current Liabilities
Get a 7-Day Free Trial Premium Member Only Premium Member Only 612.54 519.86 613.97 777.68 789.83

NH Hotel Group Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 613.97 723.94 777.68 850.03 789.83

NH Hotel Group Total Current Liabilities Calculation

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

NH Hotel Group'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
=390.48+282.511
+Other Current Liabilities+Current Deferred Liabilities
=116.838+0
=790

NH Hotel Group'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
=390.48+282.511
+Other Current Liabilities+Current Deferred Liabilities
=116.838+0
=790

* 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

NH Hotel Group Total Current Liabilities Related Terms

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NH Hotel Group (XMAD:NHH) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » NH Hotel Group SA (XMAD:NHH) » Definitions » Total Current Liabilities
Comparable Companies
XMAD:MEL MAR HLT XNEP:SHL LSE:IHG H HTHT XPAR:AC BOM:500850 SAU:4250 LSE:WTB WH CHH BKK:MINT SAU:4100 SHSE:600754 BKK:AWC BOM:500840 SZSE:000069 HKSE:00069
Traded in Other Exchanges
NHHEF:USA NH5:Germany
Address
Calle Santa Engracia, 120, 7th floor, Madrid, ESP, 28003
Website
https://www.nh-hoteles.es
NH Hotel Group SA is a Spanish owner and operator of hotels. The company reports turnover across four segments: hotel occupancy, catering, meeting rooms, and rentals & other services. Hotel occupancy represents more than half consolidated turnover, with catering the next largest contributor. Hotel occupancy and catering together represent the vast majority of the company's turnover. Its geographical segments include BUSE (Southern Europe), which includes Italy, Spain, Portugal, France, Andorra, Tunisia, and the USA; BUNE segment includes Central Europe & Benelux; and BUAM, which includes Latin America, which includes: Argentina, Brazil, Chile, Colombia, Cuba, Ecuador, Haiti, Mexico and Uruguay.

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