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The Eastern Co (The Eastern Co) Total Current Liabilities : $43.7 Mil (As of Mar. 2024)


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What is The Eastern Co Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. The Eastern Co's total current liabilities for the quarter that ended in Mar. 2024 was $43.7

The Eastern Co Total Current Liabilities Historical Data

The historical data trend for The Eastern Co'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.

The Eastern Co Total Current Liabilities Chart

The Eastern Co 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 34.90 40.67 49.56 46.98 42.73

The Eastern Co 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 45.33 41.20 45.98 42.73 43.73

The Eastern Co Total Current Liabilities Calculation

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

The Eastern Co'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
=29.876+7.478
+Other Current Liabilities+Current Deferred Liabilities
=5.38+0
=42.7

The Eastern Co'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
=31.846+7.25
+Other Current Liabilities+Current Deferred Liabilities
=4.636+0
=43.7

* 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

The Eastern Co Total Current Liabilities Related Terms

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The Eastern Co (The Eastern Co) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » The Eastern Co (NAS:EML) » Definitions » Total Current Liabilities
Comparable Companies
SCX QEPC DMFG CVR TBLT HKSE:00669 SNA SWK LECO OSTO:SKF B TTC TSE:6586 RBC TKR XSWX:SFSN OSTO:HUSQ A TSE:9962 SZSE:002444 XTER:GIL TSE:6141
Traded in Other Exchanges
N/A
Address
3 Enterprise Drive, Suite 408, Shelton, CT, USA, 06484
Website
https://www.easterncompany.com
The Eastern Co manages industrial businesses that design, manufacture and sell engineered solutions to industrial markets. It operates in United States and Other Countries, and generates majority of the revenue from United States.
Executives
Frederick D. Disanto director 6060 PARKLAND, SUITE 200, CLEVELAND OH 44124
Mark Anthony Hernandez director 112 BRIDGE STREET, NAUGATUCK CT 06770
Michael J Mardy director
Charles W Henry director 62 TUNXIS VILLAGE, FARMINGTON CT 06032
James A Mitarotonda director, 10 percent owner 888 SEVENTH AVENUE 17TH FL, NEW YORK NY 10019
Nicholas Alec Vlahos officer: Chief Financial Officer 3 ENTERPRISE DRIVE SUITE 408, SHELTON CT 06484
Peter S. O'hara officer: Chief Financial Officer 112 BRIDGE STREET, NAUGATUCK CT 06770
Barington Capital Group L P director, 10 percent owner 888 SEVENTH AVENUE, 6TH FLOOR, NEW YORK NY 10019
Barington Companies Equity Partners L P director, 10 percent owner 888 SEVENTH AVENUE, 6TH FLOOR, NEW YORK NY 10019
Barington Companies Investors, Llc director, 10 percent owner C/O BARINGTON CAPITAL GROUP, L.P., 888 SEVENTH AVENUE, 17TH FLOOR, NEW YORK NY 10019
James P. Woidke officer: Chief Operating Officer 112 BRIDGE STREET, NAUGATUCK CT 06770
Sullivan John L Iii officer: VP, Sect'y and Treas 13 CEDAR DRIVE, CROMWELL CT 06416
August M. Vlak officer: President & CEO 112 BRIDGE STREET, NAUGATUCK CT 06770
Peggy Scott director 15438 NORTH FLORIDA AVENUE, SUITE 201, TAMPA FL 33613
Angelo Labbadia officer: Vice President & COO 230 SYCAMORE DRIVE, PROSPECT CT 06712