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AirTrona International (AirTrona International) Total Current Liabilities : $0.29 Mil (As of Aug. 2011)


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What is AirTrona International Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. AirTrona International's total current liabilities for the quarter that ended in Aug. 2011 was $0.29


AirTrona International Total Current Liabilities Historical Data

The historical data trend for AirTrona International'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.

AirTrona International Total Current Liabilities Chart

AirTrona International Annual Data
Trend Nov06 Nov07 Nov08 Nov09 Nov10
Total Current Liabilities
0.04 0.05 0.23 0.31 0.31

AirTrona International Quarterly Data
Nov06 Feb07 May07 Aug07 Nov07 Feb08 May08 Aug08 Nov08 Feb09 May09 Aug09 Nov09 Feb10 May10 Aug10 Nov10 May11 Aug11
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 0.40 0.29 0.31 0.29 0.29

AirTrona International Total Current Liabilities Calculation

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

AirTrona International's Total Current Liabilities for the fiscal year that ended in Nov. 2010 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=0.314+0
+Other Current Liabilities+Current Deferred Liabilities
=0+0
=0.31

AirTrona International's Total Current Liabilities for the quarter that ended in Aug. 2011 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=0.245+0.045
+Other Current Liabilities+Current Deferred Liabilities
=0+0
=0.29

* 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


AirTrona International Total Current Liabilities Related Terms

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AirTrona International (AirTrona International) Business Description

Traded in Other Exchanges
N/A
Address
1040 South Service Road, Suite 102, Stoney Creek, ON, CAN, L8E 6G3
AirTrona International Inc provides commercial and industrial high-grade ozone generators for commercial, industrial and residential applications, including ozone sanitization and ozone laundry systems.

AirTrona International (AirTrona International) Headlines

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