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Mizuho Leasing Co (TSE:8425) Total Current Liabilities : 円1,643,852 Mil (As of Dec. 2023)


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What is Mizuho Leasing Co Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. Mizuho Leasing Co's total current liabilities for the quarter that ended in Dec. 2023 was 円1,643,852

Mizuho Leasing Co Total Current Liabilities Historical Data

The historical data trend for Mizuho Leasing Co'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.

Mizuho Leasing Co Total Current Liabilities Chart

Mizuho Leasing Co Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Total Current Liabilities
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,314,123.00 1,492,850.00 1,548,375.00 1,573,455.00 1,715,242.00

Mizuho Leasing Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1,573,455.00 1,591,634.00 1,674,520.00 1,643,852.00 1,715,242.00

Mizuho Leasing Co Total Current Liabilities Calculation

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

Mizuho Leasing Co's Total Current Liabilities for the fiscal year that ended in Mar. 2024 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=90123+1560075
+Other Current Liabilities+Current Deferred Liabilities
=65044+0
=1,715,242

Mizuho Leasing Co'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
=83975+1495926
+Other Current Liabilities+Current Deferred Liabilities
=63951+0
=1,643,852

* 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

Mizuho Leasing Co Total Current Liabilities Related Terms

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Mizuho Leasing Co (TSE:8425) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Mizuho Leasing Co Ltd (TSE:8425) » Definitions » Total Current Liabilities
Comparable Companies
TSE:8585 TSE:8570 TSE:8515 TSE:8584 TSE:8566 TSE:8511 TSE:7164 TSE:8253 TSE:8771 TSE:7199 V MA AXP PYPL BOM:500034 COF TSE:8591 DFS XPAR:EDEN NSE:CHOLAFIN
Traded in Other Exchanges
N/A
Address
2-6 Toranomon 1-chome, Minato-ku, Tokyo, JPN, 105-0001
Website
https://www.mizuho-ls.co.jp
Mizuho Leasing Co Ltd is a Japanese firm which provides total financial services to a range of customers from large companies to small and medium-sized companies. The company has four segments namely Leasing, Installment Sales, Loans and Other. The Leasing segment is engaged in leasing and renting services for industrial machinery, transportation equipment, and information-related equipment. Installment Sales segment is engaged in installment sales of production equipment, construction and engineering machinery, and commercial equipment. Loans segment is engaged in corporate finance, vessel finance, and factoring services. Other segment is engaged in investing in securities that are held for the purpose of generating operational revenues, as well as engaged in assurance services.

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