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Fortress Investment Group LLC (Fortress Investment Group LLC) Total Current Liabilities : $695 Mil (As of Sep. 2017)


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What is Fortress Investment Group LLC Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. Fortress Investment Group LLC's total current liabilities for the quarter that ended in Sep. 2017 was $695

Fortress Investment Group LLC Total Current Liabilities Historical Data

The historical data trend for Fortress Investment Group LLC'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.

Fortress Investment Group LLC Total Current Liabilities Chart

Fortress Investment Group LLC Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Total Current Liabilities
Get a 7-Day Free Trial Premium Member Only Premium Member Only 538.44 1,009.70 750.13 713.62 757.56

Fortress Investment Group LLC Quarterly Data
Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 620.51 757.56 482.20 554.85 695.31

Fortress Investment Group LLC Total Current Liabilities Calculation

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

Fortress Investment Group LLC's Total Current Liabilities for the fiscal year that ended in Dec. 2016 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=757.559+0
+Other Current Liabilities+Current Deferred Liabilities
=0+0
=758

Fortress Investment Group LLC's Total Current Liabilities for the quarter that ended in Sep. 2017 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=695.313+0
+Other Current Liabilities+Current Deferred Liabilities
=0+0
=695

* 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

Fortress Investment Group LLC Total Current Liabilities Related Terms

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Fortress Investment Group LLC (Fortress Investment Group LLC) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Fortress Investment Group LLC (NYSE:FIG) » Definitions » Total Current Liabilities
Comparable Companies
FSK XMAD:ALB CNS XPAR:FFP SHSE:600816 HLNE BOM:540767 LSE:EMG AB HKSE:00165 LM FII BSP:BRAP3 MAIN LSE:QLT XSWX:VONN MIL:AZM TSX:CIX XPAR:TKO BOG:CORFICOLCF
Traded in Other Exchanges
N/A
Address
Website
http://www.fortress.com
Fortress Investment Group LLC is a diversified global investment management company. It operates as an alternative asset manager, which raises, invests and manages private equity funds and hedge funds. The firm's private equity funds are focused on control-oriented investments, real estate properties, and debt securities. Fortress' hedge fund offerings are composed of liquid hedge funds, which invest in more liquid capital markets, as well as credit-driven private equity and hedge funds, which focus on distressed and undervalued assets. Most of the revenue for the firm is derived from management fees, incentive income based on the performance of the funds and investment income from investments in funds.
Executives
Wesley R Edens director, 10 percent owner, officer: Principal 1345 AVENUE OF THE AMERICAS, 45TH FLOOR, NEW YORK NY 10105
Randal A Nardone director, 10 percent owner, officer: Principal and CEO 1345 AVENUE OF THE AMERICAS, 46TH FLOOR, NEW YORK NY 10105
Briger Peter L Jr director, 10 percent owner, officer: Principal 1345 AVENUE OF THE AMERICAS, 46TH FLOOR, NEW YORK NY 10105
Douglas L Jacobs director FLEETBOSTON FINANCIAL CORP, 100 FEDERAL STREET, BOSTON MA 02110
Daniel Bass officer: Chief Financial Officer 1345 AVENUE OF THE AMERICAS, 46TH FLOOR, NEW YORK NY 10105
Richard N Haass director
Robert I Kauffman director, 10 percent owner, officer: President-Europe and Director C/O FIG LLC 1345 AVENUE OF THE AMERICAS, NEW YORK, NY X1 10105
Daniel H Mudd director, officer: Chief Executive Officer 3900 WISCONSIN AVENUE, NW, WASHINGTON DC 20016
Jonathan Brown officer: Chief Accounting Officer 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Howard Rubin director 8401 N CENTRAL EXPRESSWAY, STE 800, DALLAS TX 75225
Takumi Shibata director NOMURA ASSET MANAGEMENT USA, INC., TWO WORLD FINANCIAL CENTER, BUILDING B, NEW YORK NY 10281

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