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Lyckegard Group AB (OSTO:LYGRD) Total Current Liabilities : kr104.9 Mil (As of Mar. 2024)


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What is Lyckegard Group AB Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. Lyckegard Group AB's total current liabilities for the quarter that ended in Mar. 2024 was kr104.9

Lyckegard Group AB Total Current Liabilities Historical Data

The historical data trend for Lyckegard Group AB'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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Lyckegard Group AB Total Current Liabilities Chart

Lyckegard Group AB Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Total Current Liabilities
1.37 5.69 27.84 28.87 76.35

Lyckegard Group AB Quarterly Data
Dec19 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 48.88 88.14 70.29 76.35 104.85

Lyckegard Group AB Total Current Liabilities Calculation

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

Lyckegard Group AB's Total Current Liabilities for the fiscal year that ended in Dec. 2023 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=16.437+21.996
+Other Current Liabilities+Current Deferred Liabilities
=37.913+0
=76.3

Lyckegard Group AB's Total Current Liabilities for the quarter that ended in Mar. 2024 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=0+20.648
+Other Current Liabilities+Current Deferred Liabilities
=84.206+0
=104.9

* 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

Lyckegard Group AB Total Current Liabilities Related Terms

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Lyckegard Group AB (OSTO:LYGRD) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Lyckegard Group AB (OSTO:LYGRD) » Definitions » Total Current Liabilities
Comparable Companies
OSTO:EKOBOT CAT DE PCAR OSTO:VOLV A TSE:6201 TSE:6301 XAMS:EXO OSTO:EPI A SHSE:600031 TSE:6326 CNHI SZSE:000425 AGCO OHEL:METSO SZSE:000157 BOM:500477 OSK TSE:6305 HKSE:03808
Traded in Other Exchanges
F55:Germany
Address
Trollebergsvagen, Lund, SWE, 102-28
Website
https://www.lyckegard.com
Lyckegard Group AB is an innovative company that strives towards sustainable agriculture through the reduced use of pesticides and fertilizers. The company develops and sells agricultural mechanical tools for weed control, tillage and sowing. The tools work mechanically, without chemicals, and use innovative methods and new cultivation strategies for more environmentally friendly agriculture. The products can be used by both organic and conventional farmers who want to reduce the use of pesticides and use modern cultivation strategies for increased yields.

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