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GE Vernova (GE Vernova) Total Current Liabilities : $29,516 Mil (As of Mar. 2024)


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What is GE Vernova Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. GE Vernova's total current liabilities for the quarter that ended in Mar. 2024 was $29,516

GE Vernova Total Current Liabilities Historical Data

The historical data trend for GE Vernova'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.

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GE Vernova Total Current Liabilities Chart

GE Vernova Annual Data
Trend Dec21 Dec22 Dec23
Total Current Liabilities
- 26,042.00 29,430.00

GE Vernova Quarterly Data
Dec21 Dec22 Mar23 Dec23 Mar24
Total Current Liabilities - 26,042.00 - 29,430.00 29,516.00

GE Vernova Total Current Liabilities Calculation

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

GE Vernova'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
=8310+0
+Other Current Liabilities+Current Deferred Liabilities
=6046+15074
=29,430

GE Vernova's Total Current Liabilities for the quarter that ended in Mar. 2024 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=7726+0
+Other Current Liabilities+Current Deferred Liabilities
=5871+15919
=29,516

* 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

GE Vernova Total Current Liabilities Related Terms

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GE Vernova (GE Vernova) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » GE Vernova Inc (NYSE:GEV) » Definitions » Total Current Liabilities
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Traded in Other Exchanges
Y5C:Germany
Address
58 Charles Street, Cambridge, MA, USA
Website
https://www.gevernova.com
GE Vernova operates through its subsidiaries is a purpose-built global energy company spanning the power, wind and electrification segments, supported by advanced research, consulting and financial services accelerators. It helps customers improve energy efficiency and deliver electricity that is critical to improving health, safety and quality of life.

GE Vernova (GE Vernova) Headlines

From GuruFocus

GE Vernova to Announce First Quarter 2024 Financial Results on April 25

By Business Wire • 04-18-2024