GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » ITCONS E-Solutions Ltd (BOM:543806) » Definitions » Total Current Liabilities

ITCONS E-Solutions (BOM:543806) Total Current Liabilities : ₹26.2 Mil (As of Sep. 2023)


View and export this data going back to 2023. Start your Free Trial

What is ITCONS E-Solutions Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. ITCONS E-Solutions's total current liabilities for the quarter that ended in Sep. 2023 was ₹26.2

ITCONS E-Solutions Total Current Liabilities Historical Data

The historical data trend for ITCONS E-Solutions'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.

ITCONS E-Solutions Total Current Liabilities Chart

ITCONS E-Solutions Annual Data
Trend Mar20 Mar21 Mar22 Mar23
Total Current Liabilities
25.44 23.69 18.23 22.85

ITCONS E-Solutions Semi-Annual Data
Mar20 Mar21 Mar22 Sep22 Mar23 Sep23
Total Current Liabilities Get a 7-Day Free Trial 23.69 18.23 33.01 22.85 26.20

ITCONS E-Solutions Total Current Liabilities Calculation

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

ITCONS E-Solutions's Total Current Liabilities for the fiscal year that ended in Mar. 2023 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=17.735+0.565
+Other Current Liabilities+Current Deferred Liabilities
=4.554+0
=22.9

ITCONS E-Solutions's Total Current Liabilities for the quarter that ended in Sep. 2023 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=16.394+0.379
+Other Current Liabilities+Current Deferred Liabilities
=9.428+0
=26.2

* 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

ITCONS E-Solutions Total Current Liabilities Related Terms

Thank you for viewing the detailed overview of ITCONS E-Solutions's Total Current Liabilities provided by GuruFocus.com. Please click on the following links to see related term pages.

ITCONS E-Solutions (BOM:543806) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » ITCONS E-Solutions Ltd (BOM:543806) » Definitions » Total Current Liabilities
Comparable Companies
BOM:539697 NSE:ACEINTEG NSE:AISL NSE:SERVICE ADP TSE:6098 PAYX XAMS:RAND RHI BZ XSWX:ADEN TNET NSP TSE:2181 MAN KFY TSE:6028 LSE:HAS SHSE:600861 LSE:PAGE
Traded in Other Exchanges
N/A
Address
Jamna Lal Bajaj Marg, 3rd Floor, B-10, Bajaj Bhawan, Sector-3, Noida, UP, IND, 201301
Website
https://www.itconsinc.com
ITCONS E-Solutions Ltd is engaged in the business of providing human resource services to both public and private organizations mostly in the organized sector in diverse roles and responsibilities. The company's services include Manpower Supply & Recruitment Services; and Manpower Sourcing & Staffing Services. The Manpower Supply Services account for a majority of its revenues, and Manpower Souring Services contribute to the rest of its revenues.

ITCONS E-Solutions (BOM:543806) Headlines

No Headlines