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ABL Group ASA (OSL:ABL) Total Current Liabilities : kr638 Mil (As of Dec. 2023)


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What is ABL Group ASA Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. ABL Group ASA's total current liabilities for the quarter that ended in Dec. 2023 was kr638


ABL Group ASA Total Current Liabilities Historical Data

The historical data trend for ABL Group ASA'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.

ABL Group ASA Total Current Liabilities Chart

ABL Group ASA 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 106.13 340.74 318.79 425.53 638.26

ABL Group ASA Quarterly Data
Mar18 Jun18 Sep18 Dec18 Jun19 Dec19 Jun20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 425.53 463.44 599.10 589.69 638.26

ABL Group ASA Total Current Liabilities Calculation

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

ABL Group ASA'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
=254.884+134.653
+Other Current Liabilities+Current Deferred Liabilities
=248.723+0
=638

ABL Group ASA'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
=254.884+134.653
+Other Current Liabilities+Current Deferred Liabilities
=248.723+0
=638

* 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


ABL Group ASA Total Current Liabilities Related Terms

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ABL Group ASA (OSL:ABL) Business Description

Traded in Other Exchanges
Address
10 Lower Thames Street, 1st Floor, Northern and Shell Building, London, GBR, EC3R 6EN
ABL Group ASA is an independent energy and marine consultant working in energy and oceans to de-risk and drive the energy transition across the renewables, maritime, and oil and gas sectors, offering its clients expertise across marine, engineering, and adjusting disciplines from more than 300 locations world wide. It has offices majorly in marine and offshore energy hubs in countries across Europe, Africa, the Americas, the Middle East, Asia, and Australia.