Brainsway Ltd Current Liabilities vs. Total Debt Fundamental Analysis
Brainsway Ltd is the top company in total debt category among related companies. It is number one stock in current liabilities category among related companies creating about 1.78 of Current Liabilities per Total Debt.
Brainsway Ltd is the top company in total debt category among related companies. Total debt of Diagnostics & Research industry is currently estimated at about 5.62 Million. Brainsway Ltd totals roughly 2.81 Million in total debt claiming about 50% of equities under Diagnostics & Research industry.Total Debt refers to the amount of long term interest-bearing liabilities that a company carries on its balance sheet. That may include bonds sold to public, notes written to banks or capital leases. Typically, debt can help a company magnify its earnings, but the burden of interest and principle payments will eventually prevent the firm from borrow excessively.
In most industries, total debt may also include current portion of long-term debt. Since debt terms vary widely from one company to another, simply comparing outstanding debt obligations between different companies may not be adequate. It is usually meaningful to compare total debt amounts between companies that operate within the same sector.Current Liabilities is company's short term debts. This usually includes obligations that are due within next 12 months or within one fiscal year. Current liabilities are very important in analyzing a company's financial health as it requires the company to convert some of its current assets into cash.
Current liabilities appear on the company's balance sheet and include all short term debt accounts, accounts and notes payable, accrued liabilities as well as current payments due on the long-term loans. One of the most useful applications of Current Liabilities is the current ratio which is defined as current assets divided by its current liabilities. High current ratios mean that current assets are more than sufficient to pay off current liabilities.
Brainsway Ltd Current Liabilities Comparison