GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Rite Zone Chemcon India Ltd (NSE:RITEZONE) » Definitions » Total Current Liabilities

Rite Zone Chemcon India (NSE:RITEZONE) Total Current Liabilities : ₹43.0 Mil (As of Sep. 2023)


View and export this data going back to 2022. Start your Free Trial

What is Rite Zone Chemcon India Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. Rite Zone Chemcon India's total current liabilities for the quarter that ended in Sep. 2023 was ₹43.0

Rite Zone Chemcon India Total Current Liabilities Historical Data

The historical data trend for Rite Zone Chemcon India'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.

Rite Zone Chemcon India Total Current Liabilities Chart

Rite Zone Chemcon India Annual Data
Trend Mar20 Mar21 Mar22 Mar23
Total Current Liabilities
36.35 29.05 52.38 53.14

Rite Zone Chemcon India Semi-Annual Data
Mar20 Mar21 Mar22 Sep22 Mar23 Sep23
Total Current Liabilities Get a 7-Day Free Trial 29.05 52.38 63.59 53.14 43.03

Rite Zone Chemcon India Total Current Liabilities Calculation

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

Rite Zone Chemcon India's Total Current Liabilities for the fiscal year that ended in Mar. 2023 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=46.355+1.287
+Other Current Liabilities+Current Deferred Liabilities
=5.495+0
=53.1

Rite Zone Chemcon India's Total Current Liabilities for the quarter that ended in Sep. 2023 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=39.176+1.515
+Other Current Liabilities+Current Deferred Liabilities
=2.335+0
=43.0

* 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

Rite Zone Chemcon India Total Current Liabilities Related Terms

Thank you for viewing the detailed overview of Rite Zone Chemcon India's Total Current Liabilities provided by GuruFocus.com. Please click on the following links to see related term pages.

Rite Zone Chemcon India (NSE:RITEZONE) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Rite Zone Chemcon India Ltd (NSE:RITEZONE) » Definitions » Total Current Liabilities
Comparable Companies
BOM:524038 BOM:543843 BOM:530133 BOM:524336 BOM:530825 BOM:524080 BOM:506858 BOM:526269 BOM:524818 BOM:524614 LIN XPAR:AI APD SHW ECL XSWX:SIKA SHSE:600309 BOM:500820 DD XSWX:GIVN
Traded in Other Exchanges
N/A
Address
Row House 11, Beverly Park, Row House co-operative housing society Ltd, Mira Road, Thane, MH, IND, 401107
Website
http://www.ritezone.in
Rite Zone Chemcon India Ltd deals in a range of construction chemicals and concrete products. The company offers complete construction solutions by supplying a complete range of various chemical products related to civil construction, infrastructure, building and structure including pre-construction or post construction as well as supplying all types of concrete required for construction and infrastructure developments.

Rite Zone Chemcon India (NSE:RITEZONE) Headlines

No Headlines