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Morixe Hermanos (BUE:MORI) Total Current Liabilities : ARS24,538 Mil (As of Mar. 2024)


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What is Morixe Hermanos Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. Morixe Hermanos's total current liabilities for the quarter that ended in Mar. 2024 was ARS24,538


Morixe Hermanos Total Current Liabilities Historical Data

The historical data trend for Morixe Hermanos'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.

Morixe Hermanos Total Current Liabilities Chart

Morixe Hermanos Annual Data
Trend May13 May14 May15 May16 May17 May18 May19 May20 May21 May22
Total Current Liabilities
Get a 7-Day Free Trial Premium Member Only Premium Member Only 242.33 892.36 2,395.19 2,455.84 10,562.48

Morixe Hermanos Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 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 7,640.69 8,367.33 8,928.54 - 24,537.69

Morixe Hermanos Total Current Liabilities Calculation

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

Morixe Hermanos's Total Current Liabilities for the fiscal year that ended in May. 2022 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=5405.822+5006.352
+Other Current Liabilities+Current Deferred Liabilities
=150.31+0
=10,562

Morixe Hermanos'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
=16290.643+7982.06
+Other Current Liabilities+Current Deferred Liabilities
=264.989+0
=24,538

* 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


Morixe Hermanos Total Current Liabilities Related Terms

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Morixe Hermanos (BUE:MORI) Business Description

Traded in Other Exchanges
N/A
Address
Federico Garcia Lorca 234, Buenos Aires, ARG, 1405
Morixe Hermanos SA operates in the Argentine mill industry. The company is engaged in the milling, industrialization, conditioning, buying and selling, import and export of flour, semolina, agricultural raw materials, by-products and derivatives.

Morixe Hermanos (BUE:MORI) Headlines

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