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NRGene Technologies (XTAE:NRGN) Total Current Liabilities : ₪10.92 Mil (As of Dec. 2023)


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What is NRGene Technologies Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. NRGene Technologies's total current liabilities for the quarter that ended in Dec. 2023 was ₪10.92

NRGene Technologies Total Current Liabilities Historical Data

The historical data trend for NRGene Technologies'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.

NRGene Technologies Total Current Liabilities Chart

NRGene Technologies Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Total Current Liabilities
26.14 25.21 14.67 10.92

NRGene Technologies Semi-Annual Data
Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Total Current Liabilities Get a 7-Day Free Trial 25.21 15.14 14.67 11.45 10.92

NRGene Technologies Total Current Liabilities Calculation

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

NRGene Technologies'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
=5.339+0.963
+Other Current Liabilities+Current Deferred Liabilities
=4.62+0
=10.92

NRGene Technologies'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
=5.339+0.963
+Other Current Liabilities+Current Deferred Liabilities
=4.62+0
=10.92

* 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

NRGene Technologies Total Current Liabilities Related Terms

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NRGene Technologies (XTAE:NRGN) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » NRGene Technologies Ltd (XTAE:NRGN) » Definitions » Total Current Liabilities
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Traded in Other Exchanges
N/A
Address
5 Golda Meir Street, Ness-Ziona, ISR, 7403649
Website
https://www.nrgene.com
NRGene Technologies Ltd is engaged in the development of artificial intelligence-based software for the analysis of genetic information in order to improve species of plants and animals.

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