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Turnall Holdings (XZIM:TURN.ZW) Total Current Liabilities : ZWG326.3 Mil (As of Dec. 2024)


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What is Turnall Holdings Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. Turnall Holdings's total current liabilities for the quarter that ended in Dec. 2024 was ZWG326.3


Turnall Holdings Total Current Liabilities Historical Data

The historical data trend for Turnall Holdings'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.

Turnall Holdings Total Current Liabilities Chart

Turnall Holdings Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec23 Dec24
Total Current Liabilities
Get a 7-Day Free Trial Premium Member Only Premium Member Only 431.62 480.86 244.31 158.40 326.28

Turnall Holdings Semi-Annual Data
Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun23 Dec23 Jun24 Dec24
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 244.31 - 158.40 232.51 326.28

Turnall Holdings Total Current Liabilities Calculation

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

Turnall Holdings's Total Current Liabilities for the fiscal year that ended in Dec. 2024 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=168.691+149.753
+Other Current Liabilities+Current Deferred Liabilities
=7.84+0
=326.3

Turnall Holdings's Total Current Liabilities for the quarter that ended in Dec. 2024 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=168.691+149.753
+Other Current Liabilities+Current Deferred Liabilities
=7.84+0
=326.3

* 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


Turnall Holdings Total Current Liabilities Related Terms

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Turnall Holdings Business Description

Traded in Other Exchanges
N/A
Address
5 Glasgow Road, Workington, P.O. Box 3985, Southerton, Harare, ZWE
Turnall Holdings Ltd is a Zimbabwe-based company, which is engaged in the production of building and construction materials comprising corrugated sheeting, flat sheets, pressure pipes, sewer pipes, concrete roofing tiles, and related accessories. It operates through segments, which include Building Products, Piping products, Concrete tiles, and Construction. The Building Products segment which earns the majority of revenue is engaged in the production of roofing sheets, flat sheets, and molded goods. Its Piping products segment is engaged in the production of water and sewer reticulation pipes. The Concrete tile segment is engaged in the production of concrete roofing products. Geographically, it derives maximum revenue from Zimbabwe.

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