GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Petronas Gas Bhd (XKLS:6033) » Definitions » Total Current Liabilities

Petronas Gas Bhd (XKLS:6033) Total Current Liabilities : RM2,391 Mil (As of Dec. 2023)


View and export this data going back to 1995. Start your Free Trial

What is Petronas Gas Bhd Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. Petronas Gas Bhd's total current liabilities for the quarter that ended in Dec. 2023 was RM2,391

Petronas Gas Bhd Total Current Liabilities Historical Data

The historical data trend for Petronas Gas Bhd'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.

Petronas Gas Bhd Total Current Liabilities Chart

Petronas Gas Bhd 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 989.53 999.12 1,295.68 1,376.50 2,390.67

Petronas Gas Bhd Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 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 1,376.50 2,210.53 2,042.60 2,214.96 2,390.67

Petronas Gas Bhd Total Current Liabilities Calculation

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

Petronas Gas Bhd'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
=1094.379+1293.283
+Other Current Liabilities+Current Deferred Liabilities
=3.0040000000004+0
=2,391

Petronas Gas Bhd'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
=1094.379+1293.283
+Other Current Liabilities+Current Deferred Liabilities
=3.0040000000004+0
=2,391

* 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

Petronas Gas Bhd Total Current Liabilities Related Terms

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

Petronas Gas Bhd (XKLS:6033) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Petronas Gas Bhd (XKLS:6033) » Definitions » Total Current Liabilities
Comparable Companies
XKLS:5209 XKLS:6874 XMAD:NTGY ASX:APA ATO MIL:SRG HKSE:00003 NI TSE:9531 BOM:532155 HKSE:02688 TSE:9532 BOM:542066 HKSE:01193 NFE HKSE:00384 XMAD:ENG UGI SWX MIL:IG
Traded in Other Exchanges
PNAGF:USA
Address
Level 49-50, Tower 1, PETRONAS Twin Towers, Kuala Lumpur City Centre, Kuala Lumpur, SGR, MYS, 50088
Website
https://www.petronasgas.com
Petronas Gas Bhd is a Malaysian gas infrastructure and utilities company of which Malaysia's nationalized oil corporation, PETRONAS, holds a majority interest. Petronas Gas segments its primary operations into Gas Processing, Gas Transportation, Utilities, and Regasification businesses. While each of these contributes significantly to the company's total revenue, its Utilities and Gas Processing units combine to generate the majority. In Gas Processing, Petronas Gas receives processing fees under multi-year contracts by processing natural gas piped offshore for its parent company, PETRONAS. The Gas Transportation business encompasses the transmission of offshore natural gas through pipelines to customers in Malaysia and Singapore under multi-year agreements with PETRONAS.

Petronas Gas Bhd (XKLS:6033) Headlines

No Headlines