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Parx Materials NV (XPAR:MLPRX) Total Current Liabilities : €0.92 Mil (As of Dec. 2022)


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What is Parx Materials NV Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. Parx Materials NV's total current liabilities for the quarter that ended in Dec. 2022 was €0.92

Parx Materials NV Total Current Liabilities Historical Data

The historical data trend for Parx Materials NV'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.

Parx Materials NV Total Current Liabilities Chart

Parx Materials NV Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Total Current Liabilities
Get a 7-Day Free Trial 0.51 0.59 0.40 0.52 0.92

Parx Materials NV Semi-Annual Data
Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Total Current Liabilities Get a 7-Day Free Trial 0.51 0.59 0.40 0.52 0.92

Parx Materials NV Total Current Liabilities Calculation

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

Parx Materials NV's Total Current Liabilities for the fiscal year that ended in Dec. 2022 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=0.095+0
+Other Current Liabilities+Current Deferred Liabilities
=0.828+0
=0.92

Parx Materials NV's Total Current Liabilities for the quarter that ended in Dec. 2022 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=0.095+0
+Other Current Liabilities+Current Deferred Liabilities
=0.828+0
=0.92

* 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

Parx Materials NV Total Current Liabilities Related Terms

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Parx Materials NV (XPAR:MLPRX) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Parx Materials NV (XPAR:MLPRX) » Definitions » Total Current Liabilities
Comparable Companies
XPAR:ALKEM XPAR:ORAP XPAR:ALVIN XPAR:ALDUB XPAR:ALAFY XPAR:LHYFE LIN XPAR:AI APD SHW ECL SHSE:600309 XSWX:SIKA BOM:500820 DD XSWX:GIVN LYB PPG ADX:BOROUGE IFF
Traded in Other Exchanges
N/A
Address
Goudsesingel 96 (Unit 1.7), Rotterdam, NLD, 3011 KD
Website
https://www.parxmaterials.com
Parx Materials NV is a holding company. It is engaged in developing, manufacturing, and marketing biocompatible plastics and antibacterial polymers. The company through its patented process is integrating it in plastics improving the material's characteristics to protect the surface from bacteria, molds, and fungi. Its technology does not impact any of the original features of the material and the antibacterial property lasts a lifetime. The company's technology can be used for roughly any application, for example for toilet seats, mobile phones, light switches, hospital beds, medical devices, remote controls, door handles, refrigerators, and packaging materials.

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