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AMAG Austria Metall AG (WBO:AMAG) Total Current Liabilities : €286 Mil (As of Dec. 2023)


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What is AMAG Austria Metall AG Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. AMAG Austria Metall AG's total current liabilities for the quarter that ended in Dec. 2023 was €286


AMAG Austria Metall AG Total Current Liabilities Historical Data

The historical data trend for AMAG Austria Metall AG'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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AMAG Austria Metall AG Total Current Liabilities Chart

AMAG Austria Metall AG 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 230.03 267.63 389.05 413.90 285.56

AMAG Austria Metall AG 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 389.05 441.97 413.90 414.47 285.56

AMAG Austria Metall AG Total Current Liabilities Calculation

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

AMAG Austria Metall AG'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
=105.306+0
+Other Current Liabilities+Current Deferred Liabilities
=180.256+0
=286

AMAG Austria Metall AG'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
=105.306+0
+Other Current Liabilities+Current Deferred Liabilities
=180.256+0
=286

* 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


AMAG Austria Metall AG Total Current Liabilities Related Terms

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AMAG Austria Metall AG (WBO:AMAG) Business Description

Traded in Other Exchanges
Address
Lamprechtshausener Strasse 61, P.O. Box 3, Braunau-Ranshofen, Ranshofen, AUT, A-5282
AMAG Austria Metall AG produces and sells high-quality cast and rolled aluminum products. The firm organizes its segments based on function. The metal segment purchases aluminum scrap and produces aluminum. The casting segment produces high-quality cast aluminum alloys for use by the automotive and electrical engineering industries. The rolling segment, which generates the majority of revenue, manufactures high-quality rolled aluminum products such as sheets, strips, and plates for use in the automotive, sports, engineering, and transportation markets. The segment also produces foil for packaging industries. The majority of revenue is generated in Western Europe and Austria.

AMAG Austria Metall AG (WBO:AMAG) Headlines

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