GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Ventia Services Group Ltd (ASX:VNT) » Definitions » Total Current Liabilities

Ventia Services Group (ASX:VNT) Total Current Liabilities : A$1,311 Mil (As of Jun. 2024)


View and export this data going back to 2021. Start your Free Trial

What is Ventia Services Group Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. Ventia Services Group's total current liabilities for the quarter that ended in Jun. 2024 was A$1,311

Ventia Services Group Total Current Liabilities Historical Data

The historical data trend for Ventia Services Group'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.

Ventia Services Group Total Current Liabilities Chart

Ventia Services Group Annual Data
Trend Dec21 Dec22 Dec23
Total Current Liabilities
1,137.70 1,248.40 1,239.20

Ventia Services Group Semi-Annual Data
Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Total Current Liabilities Get a 7-Day Free Trial 1,278.10 1,248.40 1,338.70 1,239.20 1,310.90

Ventia Services Group Total Current Liabilities Calculation

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

Ventia Services Group'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
=658.8+46.2
+Other Current Liabilities+Current Deferred Liabilities
=532.3+1.9
=1,239

Ventia Services Group's Total Current Liabilities for the quarter that ended in Jun. 2024 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=716.4+46.6
+Other Current Liabilities+Current Deferred Liabilities
=543.8+4.1
=1,311

* 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

Ventia Services Group Total Current Liabilities Related Terms

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

Ventia Services Group Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Ventia Services Group Ltd (ASX:VNT) » Definitions » Total Current Liabilities
Comparable Companies
ASX:AVD ASX:ALX ASX:TCL XMAD:FER SZSE:001965 DFM:SALIK SHSE:600377 XPAR:RE BSP:CCRO3 SHSE:600350 VRRM HKSE:00576 SHSE:600548 BOM:532947 SZSE:000429 SHSE:600012 ISX:JSMR TSE:4666 HKSE:00152 SHSE:601107
Traded in Other Exchanges
VNT:New Zealand
Address
80 Pacific Highway, Level 8, North Sydney, Sydney, NSW, AUS, 2060
Website
https://www.ventia.com
While Ventia is not the largest player with an estimated 7.5% share of addressable markets, it is a leading infrastructure maintenance services provider in Australia and New Zealand. Its capabilities span the full asset lifecycle including operations and maintenance, facilities management, minor capital works, environmental services, and other solutions. And its business model is favorably capital-light via flexing of a large contractor base complementing a deep pool of talented employees. Ventia has long-term relationships with a diverse range of public and private sector clients with many client relationships maintained for decades. Contracts are favorably long with an average five-year duration at inception and most containing some form of embedded price escalation.