GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Globavend Holdings Ltd (NAS:GVH) » Definitions » Total Current Liabilities

Globavend Holdings (Globavend Holdings) Total Current Liabilities : $3.89 Mil (As of Sep. 2023)


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

What is Globavend Holdings Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. Globavend Holdings's total current liabilities for the quarter that ended in Sep. 2023 was $3.89

Globavend Holdings Total Current Liabilities Historical Data

The historical data trend for Globavend Holdings'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.

Globavend Holdings Total Current Liabilities Chart

Globavend Holdings Annual Data
Trend Sep21 Sep22 Sep23
Total Current Liabilities
1.11 1.62 3.89

Globavend Holdings Semi-Annual Data
Sep21 Mar22 Sep22 Mar23 Sep23
Total Current Liabilities 1.11 - 1.62 2.13 3.89

Globavend Holdings Total Current Liabilities Calculation

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

Globavend Holdings's Total Current Liabilities for the fiscal year that ended in Sep. 2023 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=3.852+0.04
+Other Current Liabilities+Current Deferred Liabilities
=0+0
=3.89

Globavend Holdings'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
=3.852+0.04
+Other Current Liabilities+Current Deferred Liabilities
=0+0
=3.89

* 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

Globavend Holdings Total Current Liabilities Related Terms

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

Globavend Holdings (Globavend Holdings) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Globavend Holdings Ltd (NAS:GVH) » Definitions » Total Current Liabilities
Comparable Companies
Traded in Other Exchanges
N/A
Address
Office 1401, Level 14, 197, St Georges Tce, Perth, WA, AUS, 6000
Website
https://www.globavend.com
Globavend Holdings Ltd is a e-commerce logistics provider it provides integrated cross-border logistics services from Hong Kong to Australia and New Zealand, where they provide customers with a one-stop solution from parcel consolidation to air freight forwarding, customs clearance, on-carriage parcel transportation and delivery. It operates in logistics and freight forwarding industry, which involves the provision of services such as freight transport, freight forwarding, warehouse management, and distribution.

Globavend Holdings (Globavend Holdings) Headlines

No Headlines