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Neon Equity AG (XTER:D77) Total Current Liabilities : €23.05 Mil (As of Dec. 2023)


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What is Neon Equity AG Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. Neon Equity AG's total current liabilities for the quarter that ended in Dec. 2023 was €23.05

Neon Equity AG Total Current Liabilities Historical Data

The historical data trend for Neon Equity AG'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.

Neon Equity AG Total Current Liabilities Chart

Neon Equity AG Annual Data
Trend Dec22 Dec23
Total Current Liabilities
1.24 23.05

Neon Equity AG Semi-Annual Data
Dec22 Dec23
Total Current Liabilities 1.24 23.05

Neon Equity AG Total Current Liabilities Calculation

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

Neon Equity AG'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
=0.12+5.709
+Other Current Liabilities+Current Deferred Liabilities
=17.217+0
=23.05

Neon Equity AG'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
=0.12+5.709
+Other Current Liabilities+Current Deferred Liabilities
=17.217+0
=23.05

* 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

Neon Equity AG Total Current Liabilities Related Terms

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Neon Equity AG Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Neon Equity AG (XTER:D77) » Definitions » Total Current Liabilities
Comparable Companies
XTER:A7A XTER:CRZK XTER:LQAG XTER:MPCK XTER:B7E FRA:2INV XTER:PZS XTER:SVE FRA:PEH HAM:GBQ BLK BX KKR OSTO:INVE A TSX:BAM TSX:BN APO LSE:III AMP XSWX:PGHN
Traded in Other Exchanges
D77:Germany
Address
Morfelder Landstrasse 277, Frankfurt am Main, HE, DEU, 60598
Website
https://www.neon-equity.com
Neon Equity AG is a founder-managed investor and growth enabler company. Its investment focus is on European companies from the real estate, consulting and technology sectors which have growth and capital market potential as well as an ESG-compliant business model. It also advises portfolio companies on the implementation of their capital market and growth strategies.
Executives
Herr Ole Nixdorff Board of Directors
Thomas Olek Board of Directors

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