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The Naga Group AG (XTER:N4G) Total Current Liabilities : €26.76 Mil (As of Jun. 2023)


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What is The Naga Group 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. The Naga Group AG's total current liabilities for the quarter that ended in Jun. 2023 was €26.76

The Naga Group AG Total Current Liabilities Historical Data

The historical data trend for The Naga Group 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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The Naga Group AG Total Current Liabilities Chart

The Naga Group AG Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Total Current Liabilities
Get a 7-Day Free Trial 4.62 9.47 14.39 14.09 20.83

The Naga Group AG Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
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 24.76 14.09 8.35 20.83 26.76

The Naga Group 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.

The Naga Group AG's Total Current Liabilities for the fiscal year that ended in Dec. 2022 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=3.996+2.043
+Other Current Liabilities+Current Deferred Liabilities
=14.787+0
=20.83

The Naga Group AG's Total Current Liabilities for the quarter that ended in Jun. 2023 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=2.044+0.258
+Other Current Liabilities+Current Deferred Liabilities
=24.458+0
=26.76

* 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

The Naga Group AG Total Current Liabilities Related Terms

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The Naga Group AG (XTER:N4G) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » The Naga Group AG (XTER:N4G) » Definitions » Total Current Liabilities
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Traded in Other Exchanges
N4G:Germany N4G:Germany N4G:Germany
Address
Hohe Bleichen 12, Hamburg, DEU, 20354
Website
https://www.naga.com
The Naga Group AG develops and markets disruptive applications in financial technology. Its products include NAGA Trader, NAGA Brokers, NAGA Virtual, NAGA Wallet, and NAGA Markets to trade with an EU licensed brokerage company. Its core business is an online brokerage and generates revenue from the same.
Executives
Qiang Liu Supervisory Board
Harald Patt Supervisory Board
Benjamin Jakub Bilski Board of Directors
Michalis Mylonas Board of Directors
Andreas Luecke Board of Directors
Hans-jochen Lorenzen Supervisory Board

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