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Finisar (Finisar) Total Current Liabilities : $219 Mil (As of Jul. 2019)


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What is Finisar Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. Finisar's total current liabilities for the quarter that ended in Jul. 2019 was $219

Finisar Total Current Liabilities Historical Data

The historical data trend for Finisar'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.

Finisar Total Current Liabilities Chart

Finisar Annual Data
Trend Apr10 Apr11 Apr12 Apr13 Apr14 Apr15 Apr16 Apr17 Apr18 Apr19
Total Current Liabilities
Get a 7-Day Free Trial Premium Member Only Premium Member Only 205.52 233.41 251.80 458.32 213.74

Finisar Quarterly Data
Oct14 Jan15 Apr15 Jul15 Oct15 Jan16 Apr16 Jul16 Oct16 Jan17 Apr17 Jul17 Oct17 Jan18 Apr18 Jul18 Oct18 Jan19 Apr19 Jul19
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 490.32 481.50 224.70 213.74 219.13

Finisar Total Current Liabilities Calculation

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

Finisar's Total Current Liabilities for the fiscal year that ended in Apr. 2019 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=132.44+0
+Other Current Liabilities+Current Deferred Liabilities
=81.299+0
=214

Finisar's Total Current Liabilities for the quarter that ended in Jul. 2019 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=119.628+0
+Other Current Liabilities+Current Deferred Liabilities
=99.506+0
=219

* 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

Finisar Total Current Liabilities Related Terms

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Finisar (Finisar) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Finisar Corp (NAS:FNSR) » Definitions » Total Current Liabilities
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Traded in Other Exchanges
N/A
Address
1389 Moffett Park Drive, Sunnyvale, CA, USA, 94089
Website
http://www.finisar.com
Founded in 1987, Finisar is a California-based large provider of fiber optical modules and components that are used in data communications and telecommunications. Its products include transceivers and wavelength switches for data center interconnects, and intracity/metro and long-haul communications. Finisar sells to manufacturers of storage systems and network equipment and their OEMs, which in turn sell to telecom service providers and cloud vendors.
Executives
Michael L Dreyer director C/O F5 NETWORKS, INC., 401 ELLIOTT AVE. WEST, SEATTLE WA 98119
Michael C Child director 125 HIGH ST STE 2500, BOSTON MA 02110
Thomas E Pardun director C/O WESTERN DIGITAL CORPORATION, 3355 MICHELSON DR, SUITE 100, IRVINE CA 92612
Helene Simonet director
Jerry S Rawls director 1308 MOFFETT PARK DRIVE, SUNNYVALE CA 94089-1133
Robert Stephens director 3102 MONTANA DEL SOL, SAN CLEMENTE CA 92673
Kurt Adzema officer: EVP & Chief Financial Officer 1389 MOFFETT PARK DRIVE, SUNNYVALE CA 94089
Michael E. Hurlston director, officer: CEO 5300 CALIFORNIA AVENUE, IRVINE CA 92617
Eitan Gertel director, officer: CEO 11780 U.S. HIGHWAY 1, SUITE 600, PALM BEACH GARDENS FL 33408
Dominique Trempont director 5 RANDALL PLACE, MENLO PARK CA 94025
Christopher J Crespi director C/O SIRENZA MICRODEVICES, INC., 303 SOUTH TECHNOLOGY COURT, BROOMFIELD CO 80021
Morgan M Jones director C/O BATTERY VENTURES, 20 WILLIAM ST STE 200, WELLESLEY MA 02481
Frank H Levinson director 3736 FALLON ROAD #428, DUBLIN CA 94568
Harold Hughes director C/O RAMBUS INC., 1050 ENTERPRISE WAY, SUITE 700, SUNNYVALE CA 94089