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HNI (HNI) Total Current Liabilities : $408 Mil (As of Mar. 2024)


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What is HNI Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. HNI's total current liabilities for the quarter that ended in Mar. 2024 was $408

HNI Total Current Liabilities Historical Data

The historical data trend for HNI'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.

HNI Total Current Liabilities Chart

HNI 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 478.71 439.03 506.40 395.10 463.70

HNI Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 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 Premium Member Only Premium Member Only Premium Member Only 352.60 489.40 502.30 463.70 407.70

HNI Total Current Liabilities Calculation

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

HNI'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
=307.4+37.8
+Other Current Liabilities+Current Deferred Liabilities
=82.9+35.6
=464

HNI'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
=363.7+42.1
+Other Current Liabilities+Current Deferred Liabilities
=1.9+0
=408

* 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

HNI Total Current Liabilities Related Terms

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HNI (HNI) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » HNI Corp (NYSE:HNI) » Definitions » Total Current Liabilities
Comparable Companies
SCS ACTG EBF ACCO TSE:7752 TSE:6448 SHSE:603899 SZSE:002152 TSE:8060 TSE:7984 HKSE:02429 SZSE:300130 TSE:4902 TSE:7994 BOM:544045 TSE:7846 HKSE:00327 XTER:TTK TSE:7976 LSE:MEGP
Traded in Other Exchanges
HO9:Germany HO9:Germany
Address
600 East Second Street, P.O. Box 1109, Muscatine, IA, USA, 52761-0071
Website
https://www.hnicorp.com
HNI Corp is a provider of office furniture and hearth products. The company generates the bulk of its revenue from its workplace furnishing, which consists of panel-based and freestanding furniture systems, seating, storage, tables, and architectural products. These products are sold primarily through a national system of dealers, wholesalers, and office product distributors but also directly to end-user customers and federal, state, and local governments. Residential building products include a full array of gas, wood, electric, and pellet-fueled fireplaces, inserts, stoves, facings, and accessories. The company has operations in the United States, Canada, Mainland China, Hong Kong, India, Mexico, and Taiwan.
Executives
Steven M Bradford officer: Sr. VP, Gen. Counsel & Sec. 408 EAST SECOND STREET, MUSCATINE IA 52761
Jeffrey D Lorenger officer: VP, Gen. Counsel and Secretary 408 EAST SECOND STREET, PO BOX 1109, MUSCATINE IA 52761
Vincent P Berger officer: President, Hearth & Home Tech 7571 215TH STREET WEST, LAKEVILLE MN 55044
Marshall H Bridges officer: VP and Chief Financial Officer 408 EAST SECOND STREET, MUSCATINE IA 52761
Michael J. Roch officer: CCO, WP & Health, Kimball Intl C/O KIMBALL INTERNATIONAL, INC., 1600 ROYAL STREET, JASPER IN 47546
Gregory A Meunier officer: Ex VP GL Ops, Kimball Intl 1600 ROYAL ST, JASPER IN 47546
Kourtney L Smith officer: COO, Kimball International 1600 ROYAL STREET, JASPER IN 47549
Larry B Porcellato director ICI PAINTS, 15885 SPRAGUE ROAD, CLEVELAND OH 44136
Patrick D Hallinan director FORTUNE BRANDS HOME & SECURITY, INC., 520 LAKE COOK ROAD, DEERFIELD IL 60015
Radhakrishna S Rao officer: Chief Info and Digital Officer 600 EAST SECOND STREET, MUSCTAINE IA 52761
Ronald V Waters director 75 EAST ELM STREET, CHICAGO IL 60611
Miguel M Calado director 3600 AMHERST, UNIVERSITY PARK, DALLAS TX 75225
Kurt A Tjaden officer: SVP HNI; President HNI Intl 408 EAST SECOND STREET, MUSCATINE IA 52761
Jason Dean Hagedorn officer: President, Allsteel Inc. 600 EAST SECOND STREET, MUSCATINE IA 52761
Donna D Meade officer: VP, Member Relations 408 EAST SECOND STREET, MUSCATINE IA 52761

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