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ARB IOT Group (ARB IOT Group) Total Current Liabilities : $34.85 Mil (As of Dec. 2023)


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What is ARB IOT Group Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. ARB IOT Group's total current liabilities for the quarter that ended in Dec. 2023 was $34.85

ARB IOT Group Total Current Liabilities Historical Data

The historical data trend for ARB IOT Group'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.

ARB IOT Group Total Current Liabilities Chart

ARB IOT Group Annual Data
Trend Jun21 Jun22 Jun23
Total Current Liabilities
6.80 3.64 12.61

ARB IOT Group Semi-Annual Data
Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Total Current Liabilities Get a 7-Day Free Trial - 3.64 25.56 12.61 34.85

ARB IOT Group Total Current Liabilities Calculation

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

ARB IOT Group's Total Current Liabilities for the fiscal year that ended in Jun. 2023 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=12.595+0.014
+Other Current Liabilities+Current Deferred Liabilities
=-0.00099999999999945+0
=12.61

ARB IOT Group'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
=34.827+0.027
+Other Current Liabilities+Current Deferred Liabilities
=-0.00099999999999767+0
=34.85

* 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

ARB IOT Group Total Current Liabilities Related Terms

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ARB IOT Group (ARB IOT Group) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » ARB IOT Group Ltd (NAS:ARBB) » Definitions » Total Current Liabilities
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Traded in Other Exchanges
N/A
Address
No. 1 Persiaran Puchong Jaya Selatan, 2nd Floor-09, Pusat Perdagangan IOI, Bandar Puchong Jaya, Puchong, SGR, MYS, 47100
Website
https://www.arbiotgroup.com
ARB IOT Group Ltd is engaged in provision of hardware and software of Internet of Things solutions to meet customers' demand in four business lines, which are IoT Smart Home and Buildings, IoT Smart Agriculture, IoT System Development, and IoT Gadget Distribution. The company delivers holistic solutions with full turnkey deployment from designing, installation, testing, pre-commissioning, and commissioning of various IoT systems and devices as well as integration of automated systems, including installation of wire and wireless and mechatronic works. The company has two operating segments: Internet of Things ('IoT') and Investment holding and others. It earns its maximum profit from the Internet of Things segment.

ARB IOT Group (ARB IOT Group) Headlines

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