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CreditAccess Grameen (BOM:541770) Total Current Liabilities : ₹2,564 Mil (As of Mar. 2024)


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What is CreditAccess Grameen Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. CreditAccess Grameen's total current liabilities for the quarter that ended in Mar. 2024 was ₹2,564


CreditAccess Grameen Total Current Liabilities Historical Data

The historical data trend for CreditAccess Grameen'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.

CreditAccess Grameen Total Current Liabilities Chart

CreditAccess Grameen Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Total Current Liabilities
Get a 7-Day Free Trial Premium Member Only Premium Member Only 57,040.90 64,445.00 74,134.60 83,052.20 2,563.50

CreditAccess Grameen 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 83,052.20 - 3,391.40 - 2,563.50

CreditAccess Grameen Total Current Liabilities Calculation

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

CreditAccess Grameen'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
=2563.5+0
+Other Current Liabilities+Current Deferred Liabilities
=0+0
=2,564

CreditAccess Grameen'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
=2563.5+0
+Other Current Liabilities+Current Deferred Liabilities
=0+0
=2,564

* 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


CreditAccess Grameen Total Current Liabilities Related Terms

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CreditAccess Grameen (BOM:541770) Business Description

Traded in Other Exchanges
Address
New No. 49 (Old No. 725), 46th Cross, 8th Block, Jayanagar, Next to Rajalakshmi Kalayana Mantap, Bengaluru, KA, IND, 560070
CreditAccess Grameen Ltd provides financial and non-financial products and services. The company is engaged in providing microfinance services to women who are enrolled as members and organized as Joint Liability Groups. The only operating segment of the company is lending to members. Geographically, it operates only in India. The company's financial product includes income generation loans, home improvement loans, emergency loans, family welfare loans, Gruha Vikas loans, Grameen Swarna loans, Grameen Vikas loans, life insurance, and others.

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