Switch to:
Electro Rent Corp (NAS:ELRC)
Total Liabilities
$71.1 Mil (As of May. 2014)

Electro Rent Corp's total liabilities for the quarter that ended in May. 2014 was $71.1 Mil.

Electro Rent Corp's quarterly total liabilities declined from Nov. 2013 ($81.15 Mil) to Feb. 2014 ($70.97 Mil) but then increased from Feb. 2014 ($70.97 Mil) to May. 2014 ($71.10 Mil).

Electro Rent Corp's annual total liabilities increased from May. 2012 ($81.70 Mil) to May. 2013 ($90.38 Mil) but then declined from May. 2013 ($90.38 Mil) to May. 2014 ($71.10 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. 2014 is calculated as

Total Liabilities=Total Current Liabilities+Total Long Term Liabilities
=Total Current Liabilities+(Long-Term Debt+Other Long-Term Liab.
=71.1+(0+0
+DeferredTaxAndRevenue+PensionAndRetirementBenefit)
++0)
=71.1

Total Liabilities=Total Assets (A: May. 2014 )-Total Shareholder’s Equity (A: May. 2014 )
=302.058-230.958
=71.1

Electro Rent Corp's Total Liabilities for the quarter that ended in May. 2014 is calculated as

Total Liabilities=Total Current Liabilities+(Total Long Term Liabilities)
=Total Current Liabilities+(Long-Term Debt+Other Long-Term Liab.
=71.1+(0+0
+DeferredTaxAndRevenue+PensionAndRetirementBenefit)
++0)
=71.1

Total Liabilities=Total Assets (Q: May. 2014 )-Total Shareholder’s Equity (Q: May. 2014 )
=302.058-230.958
=71.1

* All numbers are in millions except for per share data and ratio. All numbers are in their own 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 own currency.

Electro Rent Corp Annual Data

May05May06May07May08May09May10May11May12May13May14
Total Liabilities 38.237.841.337.042.646.165.681.790.471.1

Electro Rent Corp Quarterly Data

Feb12May12Aug12Nov12Feb13May13Aug13Nov13Feb14May14
Total Liabilities 74.581.780.2107.397.190.487.881.171.071.1
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
Free 7-day Trial
FEEDBACK