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De Neers Tools (NSE:DENEERS) Total Current Liabilities : ₹511.2 Mil (As of Mar. 2022)


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What is De Neers Tools Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. De Neers Tools's total current liabilities for the quarter that ended in Mar. 2022 was ₹511.2

De Neers Tools Total Current Liabilities Historical Data

The historical data trend for De Neers Tools'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.

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De Neers Tools Total Current Liabilities Chart

De Neers Tools Annual Data
Trend Mar20 Mar21 Mar22
Total Current Liabilities
438.16 464.30 511.16

De Neers Tools Semi-Annual Data
Mar20 Mar21 Mar22
Total Current Liabilities 438.16 464.30 511.16

De Neers Tools Total Current Liabilities Calculation

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

De Neers Tools's Total Current Liabilities for the fiscal year that ended in Mar. 2022 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=370.518+120.841
+Other Current Liabilities+Current Deferred Liabilities
=19.799+0
=511.2

De Neers Tools's Total Current Liabilities for the quarter that ended in Mar. 2022 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=370.518+120.841
+Other Current Liabilities+Current Deferred Liabilities
=19.799+0
=511.2

* 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

De Neers Tools Total Current Liabilities Related Terms

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De Neers Tools (NSE:DENEERS) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » De Neers Tools Ltd (NSE:DENEERS) » Definitions » Total Current Liabilities
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BOM:522017 BOM:531306 BOM:505299 BOM:505827 BOM:530621 BOM:507998 BOM:535458 BOM:531233 BOM:522005 BOM:517514 HKSE:00669 SNA SWK LECO TTC OSTO:SKF B TSE:6586 RBC TKR TSE:9962
Traded in Other Exchanges
N/A
Address
Plot No. 468, Ground Floor, Industrial Area, Patparganj, Delhi, IND, 110092
Website
https://www.deneerstools.com
De Neers Tools Ltd is a hand tools suppliers in India. The company aims to provide hand tools of the utmost quality that are worth Its customers' money. It continuously works on innovation and research to develop products that can bring a kind of revolution in the hand tool industry. Its products includes Spanners, Wrenches, Pliers, Cutters, Allen keys, Hammers, sockets, Screw Drivers, Tool Kits, Tool Cabinets, Trolleys, etc. It is also specialized in providing Safety Tools like Non-Sparking Tools, Insulated Steel Tools, Non-Sparking Insulated Tools, Stainless Steel Anti-magnetic Tools, and Titanium Tools, with other range of hand tools. The company is predominantly engaged in wholesale trading of hardware & tools which constitutes a single business segment.

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