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Global-Tech Advanced Innovations (Global-Tech Advanced Innovations) Total Current Liabilities : $42.05 Mil (As of Sep. 2015)


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What is Global-Tech Advanced Innovations Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. Global-Tech Advanced Innovations's total current liabilities for the quarter that ended in Sep. 2015 was $42.05

Global-Tech Advanced Innovations Total Current Liabilities Historical Data

The historical data trend for Global-Tech Advanced Innovations'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.

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Global-Tech Advanced Innovations Total Current Liabilities Chart

Global-Tech Advanced Innovations Annual Data
Trend Mar06 Mar07 Mar08 Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15
Total Current Liabilities
Get a 7-Day Free Trial Premium Member Only Premium Member Only 43.57 28.92 31.96 33.87 35.67

Global-Tech Advanced Innovations Semi-Annual Data
Mar05 Sep05 Mar06 Sep06 Mar07 Sep07 Mar08 Mar09 Mar10 Sep10 Mar11 Sep11 Mar12 Sep12 Mar13 Sep13 Mar14 Sep14 Mar15 Sep15
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 27.54 33.87 37.19 35.67 42.05

Global-Tech Advanced Innovations Total Current Liabilities Calculation

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

Global-Tech Advanced Innovations's Total Current Liabilities for the fiscal year that ended in Mar. 2015 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=27.639+6.78
+Other Current Liabilities+Current Deferred Liabilities
=0+1.252
=35.67

Global-Tech Advanced Innovations's Total Current Liabilities for the quarter that ended in Sep. 2015 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=32.828+7.72
+Other Current Liabilities+Current Deferred Liabilities
=-7.105427357601E-15+1.499
=42.05

* 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

Global-Tech Advanced Innovations Total Current Liabilities Related Terms

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Global-Tech Advanced Innovations (Global-Tech Advanced Innovations) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Global-Tech Advanced Innovations Inc (NAS:GAI) » Definitions » Total Current Liabilities
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ROCO:4760 XKRX:079810 XKRX:227950 ASX:RVS HKSE:08257 XPAR:ALTRO SGX:BXE XKRX:045300 BOM:532407 XKRX:153490 GSTX XKRX:098120 RBCN XKLS:0181 XKRX:089530 XKRX:119830 TSE:3089 XKRX:080580 XKRX:024850 XKRX:096610
Traded in Other Exchanges
N/A
Address
Website
http://www.global-webpage.com
Global-Tech Advanced Innovations Inc was organized as an international business company under the laws of the British Virgin Islands on May 2, 1991 and became a publicly traded entity on April 7, 1998. The Company was an exporter of small electrical appliances to North American and European markets. The Company produces complementary metal oxide semiconductor camera modules for sale to cellular phone manufacturers. The Company also comprises immaterial product lines and development programs. It continues to acquire new technologies in an effort to expand its capabilities in manufacturing finished products and components. Its patents are registered in various jurisdictions, including the United States, the United Kingdom, China and France. It competes with established companies in Hong Kong and China, a number of which have substantially greater technical, financial and marketing resources. Competition for contract manufacturing products is based on unit price, product quality and availability and service. Its operations and assets in China are subject to significant political, economic, legal and other uncertainties.

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