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Avarga (SGX:U09) Total Current Liabilities : S$161 Mil (As of Dec. 2023)


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What is Avarga Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. Avarga's total current liabilities for the quarter that ended in Dec. 2023 was S$161

Avarga Total Current Liabilities Historical Data

The historical data trend for Avarga'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.

Avarga Total Current Liabilities Chart

Avarga Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Current Liabilities
Get a 7-Day Free Trial Premium Member Only Premium Member Only 179.08 197.30 263.26 186.96 161.31

Avarga Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 263.26 271.87 186.96 181.97 161.31

Avarga Total Current Liabilities Calculation

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

Avarga'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
=45.443+32.41
+Other Current Liabilities+Current Deferred Liabilities
=83.456+0
=161

Avarga's Total Current Liabilities for the quarter that ended in Dec. 2023 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=45.443+32.41
+Other Current Liabilities+Current Deferred Liabilities
=83.456+0
=161

* 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

Avarga Total Current Liabilities Related Terms

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Avarga (SGX:U09) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Distribution » Avarga Ltd (SGX:U09) » Definitions » Total Current Liabilities
Comparable Companies
SGX:BQN SGX:I06 SGX:H20 SGX:B9S SGX:BFU GWW FERG FAST WSO POOL ASX:REH CNM OSTO:INDT WCC TSX:TIH SITE AIT XKRX:047050 LSE:DPLM BECN
Traded in Other Exchanges
N/A
Address
1 Kim Seng Promenade, No. 13-10 Great World City West Lobby, Singapore, SGP, 237994
Website
https://www.avarga.com.sg
Avarga Ltd is an investment holding company. It provides trading of paper products. It has four reportable operating segments The Paper Mill division manufactures and sells industrial-grade paper products, collect and trades in waste paper products, the Power division operates a 50 MW gas-fired generating plant in Ywama, Myanmar, the Wholesale distribution segment of building products in Canada, United States and overseas and Others which included investment and corporate segment focus on identifying new investment opportunities locally and overseas. It derives revenues from the Wholesale distribution segment. It operates geographically in Singapore, Canada, the United States, Malaysia, and others. The majority of the revenue comes from Canada.

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