GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Northview Residential REIT (TSX:NRR.UN) » Definitions » Total Current Liabilities

Northview Residential REIT (TSX:NRR.UN) Total Current Liabilities : C$733.1 Mil (As of Mar. 2024)


View and export this data going back to 2023. Start your Free Trial

What is Northview Residential REIT Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. Northview Residential REIT's total current liabilities for the quarter that ended in Mar. 2024 was C$733.1


Northview Residential REIT Total Current Liabilities Historical Data

The historical data trend for Northview Residential REIT'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.

Northview Residential REIT Total Current Liabilities Chart

Northview Residential REIT Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec21 Dec22 Dec23
Total Current Liabilities
Get a 7-Day Free Trial 162.04 180.00 787.51 826.06 733.67

Northview Residential REIT Quarterly Data
Dec17 Dec18 Mar19 Jun19 Dec19 Mar20 Jun20 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 700.90 714.12 365.50 733.67 733.12

Northview Residential REIT Total Current Liabilities Calculation

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

Northview Residential REIT'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
=47.411+590.207
+Other Current Liabilities+Current Deferred Liabilities
=96.05+0
=733.7

Northview Residential REIT'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
=41.877+567.695
+Other Current Liabilities+Current Deferred Liabilities
=123.544+0
=733.1

* 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


Northview Residential REIT Total Current Liabilities Related Terms

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


Northview Residential REIT (TSX:NRR.UN) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
6131 - 6th Street SE, Suite 200, Calgary, AB, CAN, T2H 1L9
Northview Residential REIT is a internally managed, traditional open-ended real estate investment trust. It acquires, owns, and operate, indirectly, a geographically diversified portfolio comprised of income producing multi-residential suites, commercial real estate, located predominantly in secondary markets in British Columbia, Alberta, Saskatchewan, Quebec, New Brunswick, Newfoundland and Labrador, the Northwest Territories, and Nunavut.

Northview Residential REIT (TSX:NRR.UN) Headlines

No Headlines