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Electro Rent Corp (NAS:ELRC)
Total Liabilities
$62.1 Mil (As of Feb. 2016)

Electro Rent Corp's total liabilities for the quarter that ended in Feb. 2016 was $62.1 Mil.

Electro Rent Corp's quarterly total liabilities declined from Aug. 2015 ($65.19 Mil) to Nov. 2015 ($58.12 Mil) but then increased from Nov. 2015 ($58.12 Mil) to Feb. 2016 ($62.07 Mil).

Electro Rent Corp's annual total liabilities declined from May. 2013 ($90.38 Mil) to May. 2014 ($71.10 Mil) but then increased from May. 2014 ($71.10 Mil) to May. 2015 ($72.34 Mil).


Definition

Total liabilities are the liabilities that the company has to pay others. It is a part of the balance sheet of a company that shareholders do not own, and would be obligated to pay back if the company liquidated.

Electro Rent Corp's Total Liabilities for the fiscal year that ended in May. 2015 is calculated as

Total Liabilities=Total Current Liabilities+Total Long Term Liabilities
=Total Current Liabilities+(Long-Term Debt+Other Long-Term Liab.
=72.336+(0+0
+NonCurrentDeferredLiabilities+PensionAndRetirementBenefit+Minority Interest)
+0+0+0)
=72.3

Total Liabilities=Total Assets (A: May. 2015 )-Total Shareholder’s Equity (A: May. 2015 )
=300.314-227.978
=72.3

Electro Rent Corp's Total Liabilities for the quarter that ended in Feb. 2016 is calculated as

Total Liabilities=Total Current Liabilities+(Total Long Term Liabilities)
=Total Current Liabilities+(Long-Term Debt+Other Long-Term Liab.
=62.07+(0+0
+NonCurrentDeferredLiabilities+PensionAndRetirementBenefit+Minority Interest)
+0+0+0)
=62.1

Total Liabilities=Total Assets (Q: Feb. 2016 )-Total Shareholder’s Equity (Q: Feb. 2016 )
=287.169-225.099
=62.1

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.


Related Terms

Total Assets, Total Shareholder’s Equity, Total Current Liabilities, Long-Term Debt, Other Long-Term Liab.


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

Electro Rent Corp Annual Data

May06May07May08May09May10May11May12May13May14May15
Total Liabilities 37.841.337.042.646.165.681.790.471.172.3

Electro Rent Corp Quarterly Data

Nov13Feb14May14Aug14Nov14Feb15May15Aug15Nov15Feb16
Total Liabilities 81.171.071.169.569.972.672.365.258.162.1
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