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Ashtead Group (LSE:AHT) Total Current Liabilities : £1,309 Mil (As of Jan. 2024)


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What is Ashtead Group Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. Ashtead Group's total current liabilities for the quarter that ended in Jan. 2024 was £1,309

Ashtead Group Total Current Liabilities Historical Data

The historical data trend for Ashtead Group'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.

Ashtead Group Total Current Liabilities Chart

Ashtead Group Annual Data
Trend Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23
Total Current Liabilities
Get a 7-Day Free Trial Premium Member Only Premium Member Only 688.82 747.85 756.58 1,139.94 1,491.81

Ashtead Group Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 1,354.42 1,491.81 1,490.70 1,564.91 1,309.17

Ashtead Group Total Current Liabilities Calculation

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

Ashtead Group's Total Current Liabilities for the fiscal year that ended in Apr. 2023 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=534.236+187.26
+Other Current Liabilities+Current Deferred Liabilities
=770.317+0
=1,492

Ashtead Group's Total Current Liabilities for the quarter that ended in Jan. 2024 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=1037.423+211.231
+Other Current Liabilities+Current Deferred Liabilities
=60.52+0
=1,309

* 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

Ashtead Group Total Current Liabilities Related Terms

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Ashtead Group (LSE:AHT) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Ashtead Group PLC (LSE:AHT) » Definitions » Total Current Liabilities
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Traded in Other Exchanges
ASHTY:USA ASHTF:USA AHTl:UK 0LC:Germany
Address
100 Cheapside, London, GBR, EC2V 6DT
Website
https://www.ashtead-group.com
Ashtead is an equipment rental business with operations in the U.S., Canada, and United Kingdom, operating under the Sunbelt Rentals brand. Earnings are mostly derived from the U.S. where Sunbelt enjoy a number-two market position with a 13% share in a highly fragmented market consisting of national, regional, and independent competitors. Ashtead rents a range of construction, industrial, and general equipment such as aerial lifts, hand-held tools, and forklifts across its more than 1,550 rental stores worldwide.