Fermiere du Casino Municipal de Cannes (XPAR:FCMC) Total Current Liabilities : €60.1 Mil (As of Oct. 2023)

Fermiere du Casino Municipal de Cannes Total Current Liabilities Chart

Fermiere du Casino Municipal de Cannes Annual Data
	Trend	Oct14	Oct15	Oct16	Oct17	Oct18	Oct19	Oct20	Oct21	Oct22	Oct23
Total Current Liabilities		Get a 7-Day Free Trial					40.57	43.69	76.78	61.54	60.08

Fermiere du Casino Municipal de Cannes Semi-Annual Data
	Oct13	Apr14	Oct14	Apr15	Oct15	Apr16	Oct16	Apr17	Oct17	Apr18	Oct18	Apr19	Oct19	Oct20	Apr21	Oct21	Apr22	Oct22	Apr23	Oct23
Total Current Liabilities	Get a 7-Day Free Trial															76.78	75.07	61.54	80.17	60.08

Fermiere du Casino Municipal de Cannes Total Current Liabilities Calculation

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

Fermiere du Casino Municipal de Cannes's Total Current Liabilities for the fiscal year that ended in Oct. 2023 is calculated as

Fermiere du Casino Municipal de Cannes's Total Current Liabilities for the quarter that ended in Oct. 2023 is calculated as

* 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

Fermiere du Casino Municipal de Cannes Total Current Liabilities Related Terms

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Fermiere du Casino Municipal de Cannes (XPAR:FCMC) Business Description