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Kirby (KEX) Total Current Liabilities : $676 Mil (As of Dec. 2023)


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What is Kirby Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. Kirby's total current liabilities for the quarter that ended in Dec. 2023 was $676

Kirby Total Current Liabilities Historical Data

The historical data trend for Kirby'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.

Kirby Total Current Liabilities Chart

Kirby 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 514.12 466.03 543.77 642.20 675.80

Kirby Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 642.20 614.79 656.30 635.85 675.80

Kirby Total Current Liabilities Calculation

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

Kirby'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
=430.735+41.408
+Other Current Liabilities+Current Deferred Liabilities
=69.075+134.577
=676

Kirby'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
=430.735+41.408
+Other Current Liabilities+Current Deferred Liabilities
=69.075+134.577
=676

* 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

Kirby Total Current Liabilities Related Terms

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Kirby (KEX) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Kirby Corp (NYSE:KEX) » Definitions » Total Current Liabilities
Comparable Companies
MATX SBLK SFL DAC CMRE NMM ZIM CPLP GNK NAT BSP:PSVM11 BOM:532921 HKSE:01919 OCSE:MAERSK B SHSE:600018 TSE:9101 TPE:2603 PHS:ICT TSE:9104 TSE:9107
Traded in Other Exchanges
KIY:Germany
Address
55 Waugh Drive, Suite 1000, Houston, TX, USA, 77007
Website
https://www.kirbycorp.com
Kirby Corp is a domestic tank barge operator, transporting bulk liquid products throughout three United States coasts. The Company transports petrochemicals, black oil, refined petroleum products, and agricultural chemicals by tank barge. The Company conducts operations in two reportable business segments: The Marine transportation segment which provides marine transportation services, operating tank barges and towing vessels transporting bulk liquid products, and the Distribution and services segment, which provides after-market service, and genuine replacement parts for engines, transmissions, reduction gears, and power generation equipment used in oil and gas and commercial and industrial applications. The company's revenue is generated from the Marine Transportation segment.
Executives
Christian G. O'neil officer: VP - Human Resources 55 WAUGH DRIVE, SUITE 1000, HOUSTON TX 77007
Dorman Lynn Strahan officer: President - Marine Systems Inc
David W Grzebinski officer: Executive VP - Finance 55 WAUGH DRIVE, SUITE 1000, HOUSTON TX 77007
Richard Ross Stewart director 2707 N LOOP WEST 9TH FL, HOUSTON TX 77008
Richard J Alario director C/O KEY ENERGY SERVICES, INC., 1301 MCKINNEY STREET, SUITE 1800, HOUSTON TX 77010
Amy D. Husted officer: Vice President-Legal 55 WAUGH DRIVE,, SUITE 1000, HOUSTON TX 77007
Ronald A Dragg officer: Controller
Scott P Miller officer: VP - CIO C/O KIRBY CORPORATION, 55 WAUGH DRIVE, SUITE 1000, HOUSTON TX 77007
Raj Kumar officer: Exec VP and CFO 6401 N. ELDRIDGE PARKWAY, HOUSTON TX 77041
Kurt A. Niemietz officer: Vice President and Treasurer 55 WAUGH DRIVE, SUITE 1000, HOUSTON TX 77007
Julie Marie Kruger officer: VP Human Resources 55 WAUGH DRIVE, SUITE 1100, HOUSTON TX 77007
Rocky Dewbre director 46 FLORHAM PARK DR., SPRING TX 77379
Kim B Clarke officer: Vice President of Human Resour C/O KIRBY CORPORATION, 55 WAUGH DRIVE, SUITE 1000, HOUSTON TX 77007
Susan Leslie Dio director 47 SURREY RUN PLACE, THE WOODLANDS TX 77384
Tanya S Beder director 500 TOTTEN POND ROAD, 6TH FLOOR, WALTHAM MA 02451