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Madinet Masr For Housing and Development (CAI:MASR) Total Current Liabilities : E£8,355 Mil (As of Sep. 2023)


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What is Madinet Masr For Housing and Development Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. Madinet Masr For Housing and Development's total current liabilities for the quarter that ended in Sep. 2023 was E£8,355


Madinet Masr For Housing and Development Total Current Liabilities Historical Data

The historical data trend for Madinet Masr For Housing and Development'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.

Madinet Masr For Housing and Development Total Current Liabilities Chart

Madinet Masr For Housing and Development Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Total Current Liabilities
Get a 7-Day Free Trial 1,530.22 1,838.64 1,850.10 2,858.35 3,911.91

Madinet Masr For Housing and Development Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Sep20 Dec20 Jun21 Sep21 Mar22 Jun22 Sep22 Mar23 Jun23 Sep23
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 5,814.44 6,915.74 6,003.75 6,540.45 8,354.58

Madinet Masr For Housing and Development Total Current Liabilities Calculation

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

Madinet Masr For Housing and Development's Total Current Liabilities for the fiscal year that ended in Dec. 2020 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=1197.911+1505.738
+Other Current Liabilities+Current Deferred Liabilities
=1208.264+0
=3,912

Madinet Masr For Housing and Development's Total Current Liabilities for the quarter that ended in Sep. 2023 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=1036.803+32.922
+Other Current Liabilities+Current Deferred Liabilities
=7284.856+0
=8,355

* 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


Madinet Masr For Housing and Development Total Current Liabilities Related Terms

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Madinet Masr For Housing and Development (CAI:MASR) Business Description

Traded in Other Exchanges
N/A
Address
4 Youssif Abbas Street, District 2, Nasr City, Cairo, EGY
Madinet Masr For Housing and Development Formerly Madinet Nasr for Housing & Development is a real estate development company. The company's activities include real estate development, constructing, leasing and selling the building. It also manages and invests in residential, tourist and entertainment facilities.

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