Link Administration Holdings (Link Administration Holdings) Total Current Liabilities : $478.7 Mil (As of Dec. 2023)

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What is Link Administration 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. Link Administration Holdings's total current liabilities for the quarter that ended in Dec. 2023 was $478.7

Link Administration Holdings Total Current Liabilities Historical Data

The historical data trend for Link Administration 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.

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Link Administration Holdings Total Current Liabilities Chart

Link Administration Holdings Annual Data

Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23

Total Current Liabilities

Get a 7-Day Free Trial 917.22 683.01 1,015.49 813.86 1,053.77

Link Administration Holdings Semi-Annual Data

Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23

Total Current Liabilities Get a 7-Day Free Trial 584.72 813.86 1,187.82 1,053.77 478.68

Link Administration 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.

Link Administration Holdings'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

= 100.958 + 22.979

+ Other Current Liabilities + Current Deferred Liabilities

= 928.809 + 1.022

= 1,053.8

Link Administration Holdings'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

= 110.479 + 22.064

+ Other Current Liabilities + Current Deferred Liabilities

= 331.588 + 14.546

= 478.7

* 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

Link Administration Holdings Total Current Liabilities Related Terms
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Link Administration Holdings (Link Administration Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Link Administration Holdings Ltd (OTCPK:LKADF) » Definitions » Total Current Liabilities

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Traded in Other Exchanges

LNK:Australia

Address

680 George Street, Level 12, Sydney, NSW, AUS, 2000

Website

https://www.linkgroup.com

Link derives its revenue primarily from providing administration services to the financial services sector in Australia, and the share registry and investment fund sectors in the U.K. The company is the largest provider of superannuation administration services and the second-largest provider of share registry services in Australia. Link's clients are usually contracted for between two and five years. The customers are relatively sticky, resulting in a high recurring revenue. The capital-light business model means cash flow is relatively strong.

Link Administration Holdings (Link Administration Holdings) Headlines

From GuruFocus

David Herro Comments on Link Group
By Sydnee Gatewood Sydnee Gatewood • 10-13-2020

Link Administration Holdings Semi-Annual Data
	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Total Current Liabilities	Get a 7-Day Free Trial												584.72	813.86	1,187.82	1,053.77	478.68

Total Current Liabilities	=	Accounts Payable & Accrued Expense	+	Short-Term Debt & Capital Lease Obligation
	=	100.958	+	22.979
	+	Other Current Liabilities	+	Current Deferred Liabilities
	=	928.809	+	1.022
	=	1,053.8