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Kitwave Group (LSE:KITW) Total Current Liabilities : £77.0 Mil (As of Oct. 2023)


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What is Kitwave 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. Kitwave Group's total current liabilities for the quarter that ended in Oct. 2023 was £77.0

Kitwave Group Total Current Liabilities Historical Data

The historical data trend for Kitwave 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.

Kitwave Group Total Current Liabilities Chart

Kitwave Group Annual Data
Trend Apr18 Apr19 Oct21 Oct22 Oct23
Total Current Liabilities
76.38 76.87 67.04 83.82 77.00

Kitwave Group Semi-Annual Data
Apr18 Apr19 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23
Total Current Liabilities Get a 7-Day Free Trial 67.04 106.85 83.82 101.46 77.00

Kitwave 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.

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

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=53.046+12.807
+Other Current Liabilities+Current Deferred Liabilities
=11.144+0
=77.0

Kitwave Group's Total Current Liabilities for the quarter that ended in Oct. 2023 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=53.046+12.807
+Other Current Liabilities+Current Deferred Liabilities
=11.144+0
=77.0

* 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

Kitwave Group Total Current Liabilities Related Terms

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Kitwave Group (LSE:KITW) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Kitwave Group PLC (LSE:KITW) » Definitions » Total Current Liabilities
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Traded in Other Exchanges
8R9:Germany
Address
Narvik Way, Unit S3, Tyne Tunnel Estate, North Shields, Tyne & Wear, GBR, NE29 7XJ
Website
https://www.kitwave.co.uk
Kitwave Group PLC is an independent, delivered wholesale business that supports delivery throughout the UK, specializing in selling impulse products such as confectionery, soft drinks, snacks, ice cream, frozen and chilled foods, alcohol, groceries, and tobacco. The company's reportable segments include Ambient, Frozen and chilled, and Foodservice.

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