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Zoomcar Holdings (Zoomcar Holdings) Total Current Liabilities : $25.70 Mil (As of Dec. 2023)


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What is Zoomcar 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. Zoomcar Holdings's total current liabilities for the quarter that ended in Dec. 2023 was $25.70

Zoomcar Holdings Total Current Liabilities Historical Data

The historical data trend for Zoomcar 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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Zoomcar Holdings Total Current Liabilities Chart

Zoomcar Holdings Annual Data
Trend Mar21 Mar22 Mar23
Total Current Liabilities
49.07 19.30 14.61

Zoomcar Holdings Quarterly Data
Mar21 Dec21 Mar22 Jun22 Dec22 Mar23 Jun23 Dec23
Total Current Liabilities Get a 7-Day Free Trial - 24.39 14.61 14.58 25.70

Zoomcar 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.

Zoomcar Holdings's Total Current Liabilities for the fiscal year that ended in Mar. 2023 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=9.247+4.195
+Other Current Liabilities+Current Deferred Liabilities
=0.379+0.787
=14.61

Zoomcar 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
=17.089+7.209
+Other Current Liabilities+Current Deferred Liabilities
=0.602+0.803
=25.70

* 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

Zoomcar Holdings Total Current Liabilities Related Terms

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Zoomcar Holdings (Zoomcar Holdings) Business Description

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EO3:Germany
Address
HAL Old Airport Road, No.147, 1st Floor, ISRO Colony, Anjaneya Techno Park, Kodihalli, Bangalore, KA, IND, 560008
Website
https://www.zoomcar.com
Zoomcar Holdings Inc is India's largest marketplace for cars on rent. Zoomcar is a leading emerging-market-focused peer-to-peer car-sharing marketplace, with approximately 21,000 vehicles registered through its platform. The Company derives its revenue principally from short-term self-drive rentals and vehicle subscriptions. The self-drive rental business generates the majority of revenue. Geographically The company operates in India, Egypt, Indonesia, Vietnam, and the Philippines, Out of which the majority of revenue is derived from India.

Zoomcar Holdings (Zoomcar Holdings) Headlines