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PB Fintech (BOM:543390) Total Current Liabilities : ₹6,032 Mil (As of Mar. 2024)


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What is PB Fintech Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. PB Fintech's total current liabilities for the quarter that ended in Mar. 2024 was ₹6,032

PB Fintech Total Current Liabilities Historical Data

The historical data trend for PB Fintech'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.

PB Fintech Total Current Liabilities Chart

PB Fintech Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Total Current Liabilities
Get a 7-Day Free Trial 2,030.50 2,209.55 3,373.90 5,509.16 6,031.70

PB Fintech Quarterly Data
Mar19 Mar20 Jun20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 5,509.16 - 5,207.32 - 6,031.70

PB Fintech Total Current Liabilities Calculation

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

PB Fintech's Total Current Liabilities for the fiscal year that ended in Mar. 2024 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=3010.6+392.5
+Other Current Liabilities+Current Deferred Liabilities
=2628.6+0
=6,032

PB Fintech's Total Current Liabilities for the quarter that ended in Mar. 2024 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=3010.6+392.5
+Other Current Liabilities+Current Deferred Liabilities
=2628.6+0
=6,032

* 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

PB Fintech Total Current Liabilities Related Terms

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PB Fintech (BOM:543390) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » PB Fintech Ltd (BOM:543390) » Definitions » Total Current Liabilities
Comparable Companies
BOM:543243 BOM:532180 BOM:543279 BOM:543942 NSE:CUB BOM:542867 BOM:590003 BOM:542904 BOM:543596 BOM:532772 MMC AON AJG WTW BRO ERIE ASX:SDF CRVL ASX:AUB GPROFUT
Traded in Other Exchanges
POLICYBZR:India
Address
Plot No. 119, Sector 44, Gurgaon, HR, IND, 122 001
Website
https://www.pbfintech.in
PB Fintech Ltd is an online platform for insurance and lending products. The company provides convenient access to insurance, credit, and other financial products and aims to create awareness in India about the financial impact of death, disease, and damage. The group earns its entire revenue within India only. The company has two operating segments Insurance services segment and the Other services segment. The company generates the majority of its revenue from the Other services segment, which consists of online marketing, consulting and support services provided largely to the financial service industry. The Insurance services segment consists of Insurance Broker services provided by the Group.

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