GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Argan (XPAR:ARG) » Definitions » Total Current Liabilities

Argan (XPAR:ARG) Total Current Liabilities : €225.9 Mil (As of Jun. 2024)


View and export this data going back to 2007. Start your Free Trial

What is Argan Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. Argan's total current liabilities for the quarter that ended in Jun. 2024 was €225.9


Argan Total Current Liabilities Historical Data

The historical data trend for Argan'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.

Argan Total Current Liabilities Chart

Argan 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 808.44 229.47 465.74 352.83 284.24

Argan Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 202.83 352.83 383.63 284.24 225.89

Argan Total Current Liabilities Calculation

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

Argan'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
=26.81+167.385
+Other Current Liabilities+Current Deferred Liabilities
=90.041+0
=284.2

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

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=43.562+102.962
+Other Current Liabilities+Current Deferred Liabilities
=79.363+0
=225.9

* 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


Argan Total Current Liabilities Related Terms

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


Argan Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Argan (XPAR:ARG) » Definitions » Total Current Liabilities
Traded in Other Exchanges
Address
21 Rue Beffroy, Neuilly-sur-Seine, FRA, 92200
Argan is a French real estate company. It specializes in the development and rental of premium logistics platforms for leading companies. The company develops and rents premium warehouses. It offers warehouses such as Dry products, Temperature controlled, positive cold storage, frozen storage, dual or triple temperature, and e-commerce.

Argan Headlines

No Headlines