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GAG Immobilien AG (HAM:GWK3) Total Current Liabilities : €351.7 Mil (As of Dec. 2023)


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What is GAG Immobilien AG Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. GAG Immobilien AG's total current liabilities for the quarter that ended in Dec. 2023 was €351.7

GAG Immobilien AG Total Current Liabilities Historical Data

The historical data trend for GAG Immobilien AG'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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GAG Immobilien AG Total Current Liabilities Chart

GAG Immobilien AG 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 295.92 309.83 421.09 339.89 351.72

GAG Immobilien AG Semi-Annual Data
Dec09 Dec10 Dec11 Dec12 Dec13 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 295.92 309.83 421.09 339.89 351.72

GAG Immobilien AG Total Current Liabilities Calculation

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

GAG Immobilien AG'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
=33.48+113.94
+Other Current Liabilities+Current Deferred Liabilities
=204.299+0
=351.7

GAG Immobilien AG'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
=33.48+113.94
+Other Current Liabilities+Current Deferred Liabilities
=204.299+0
=351.7

* 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

GAG Immobilien AG Total Current Liabilities Related Terms

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GAG Immobilien AG (HAM:GWK3) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » GAG Immobilien AG (HAM:GWK3) » Definitions » Total Current Liabilities
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XTER:ADL HAM:TLG XTER:PAT XTER:GYC STU:DWB XTER:PBY XTER:TEG FRA:DRE2 XTER:DMRE XTER:IC8 CSGP CBRE XMAD:CLNX BEKE TSE:8830 HKSE:01972 OSTO:AKEL D SGX:9CI HKSE:01997 MIL:INW
Traded in Other Exchanges
N/A
Address
Josef-Lammerting-Allee 20-22, Cologne, DEU, 50933
Website
http://www.gag-koeln.de
GAG Immobilien AG is a Germany based provider of real-estate services and consultation in the city of Cologne. The company operates as a landlord, and is focused on the business of Leasing, Selling and Managing properties. In the leasing business, the company focuses on leasing the properties it owns. The organization apart from being involved in the provision of leasing services, also sells homes, condominiums, flats and buildings. In the Managing business, the entity undertakes the management and administration of third-party apartments for their owners or owner associations.

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