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Horizon Global (Horizon Global) Total Current Liabilities : $233.4 Mil (As of Sep. 2022)


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What is Horizon Global Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. Horizon Global's total current liabilities for the quarter that ended in Sep. 2022 was $233.4

Horizon Global Total Current Liabilities Historical Data

The historical data trend for Horizon Global'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.

Horizon Global Total Current Liabilities Chart

Horizon Global Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Total Current Liabilities
Get a 7-Day Free Trial Premium Member Only 208.51 202.81 141.49 184.92 161.85

Horizon Global Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
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 181.67 161.85 193.27 188.50 233.44

Horizon Global Total Current Liabilities Calculation

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

Horizon Global's Total Current Liabilities for the fiscal year that ended in Dec. 2021 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=139.54+14.79
+Other Current Liabilities+Current Deferred Liabilities
=7.52+0
=161.9

Horizon Global's Total Current Liabilities for the quarter that ended in Sep. 2022 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=140.27+85.05
+Other Current Liabilities+Current Deferred Liabilities
=8.12+0
=233.4

* 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

Horizon Global Total Current Liabilities Related Terms

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Horizon Global (Horizon Global) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Horizon Global Corp (NYSE:HZN) » Definitions » Total Current Liabilities
Comparable Companies
FDOC SYPR CPS CAAS WKSP SUP UFAB FLESD RMO AMTY TSE:6902 TSE:5108 APTV XPAR:ML ISX:ASII TSX:MG XKRX:012330 SHSE:600660 LKQ XTER:CON
Traded in Other Exchanges
N/A
Address
47912 Halyard Drive, Suite 100, Plymouth, MI, USA, 48170
Website
http://www.horizonglobal.com
Horizon Global Corp designs, manufactures and distributes towing, trailering, cargo management and related products for original equipment to aftermarket, automotive, and retail markets. It holds various brands including draw tite, hayman reese, reese, aqua clear, bulldog, fulton, harper, hidden hitch, highland, laitner, park side, pro series, reese towpower, rola, tekonsha, tow ready, trimotive americas and wesberg. The company's geographical segment includes Horizon Americas and Horizon Europe-Africa.
Executives
Jian James Zhou officer: Chief Financial Officer 47912 HALYARD DRIVE, STE.100, PLYMOUTH MI 48170
John Frederick Barrett director 47912 HALYARD ROAD, SUITE 100, PLYMOUTH MI 48170
Corre Partners Management, Llc director, other: See Remarks 12 EAST 49TH STREET, SUITE 4003, NEW YORK NY 10017
John C Kennedy director GRAND RAPIDS 616- 698 0707, KENTWOOD MI 49512
Ryan L Langdon director 1901 N ROSELLE RD., SUITE 500, SCHAUMBURG IL 60195
Terry Gohl director, officer: President, CEO 27175 HAGGERTY ROAD, NOVI MI 48377
Debra Sue Oler director 3 GRENADIER COURT, LINCOLNSHIRE IL 60069
Donna Costello director 17 STEWART COURT, WESTWOOD NJ 07675
Matthew Pollick officer: Chief Operating Officer 47912 HALYARD ROAD, STE. 100, PLYMOUTH MI 48170
Dennis E. Richardville officer: Chief Financial Officer 47912 HALYARD DRIVE, SUITE 100, PLYMOUTH MI 48170
Matthew Joseph Meyer other: Chief Accounting Officer 47912 HALYARD ROAD, SUITE 100, PLYMOUTH MI 48170
Richard J. Jok officer: Interim Chief Financial Office 47912 HALYARD ROAD, SUITE 100, PLYMOUTH MI 48170
Atlas Capital Resources Ii Lp 10 percent owner ONE SOUND SHORE DRIVE, #203, GREENWICH CT 06830
James F Sistek officer: Chief Administrative Officer ONE VILLAGE CENTER DRIVE, VAN BUREN TOWNSHIP MI 48111
Harry James Wilson director VISTEON CORPORATION, ONE VILLAGE CENTER DRIVE, VAN BUREN TOWNSHIP MI 48111