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Bally Total Fitness Holding (Bally Total Fitness Holding) Total Current Liabilities : $1,231.99 Mil (As of Jun. 2007)


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What is Bally Total Fitness Holding Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. Bally Total Fitness Holding's total current liabilities for the quarter that ended in Jun. 2007 was $1,231.99


Bally Total Fitness Holding Total Current Liabilities Historical Data

The historical data trend for Bally Total Fitness Holding'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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Bally Total Fitness Holding Total Current Liabilities Chart

Bally Total Fitness Holding Annual Data
Trend Dec97 Dec98 Dec99 Dec00 Dec01 Dec02 Dec03 Dec04 Dec05 Dec06
Total Current Liabilities
Get a 7-Day Free Trial Premium Member Only Premium Member Only 29.36 25.39 22.13 479.71 959.80

Bally Total Fitness Holding Quarterly Data
Sep02 Dec02 Mar03 Jun03 Sep03 Dec03 Mar04 Jun04 Sep04 Dec04 Mar05 Jun05 Sep05 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07
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 611.63 437.78 959.80 1,242.83 1,231.99

Bally Total Fitness Holding Total Current Liabilities Calculation

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

Bally Total Fitness Holding's Total Current Liabilities for the fiscal year that ended in Dec. 2006 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=166.33+513.913
+Other Current Liabilities+Current Deferred Liabilities
=279.555+0
=959.80

Bally Total Fitness Holding's Total Current Liabilities for the quarter that ended in Jun. 2007 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=169.623+800.782
+Other Current Liabilities+Current Deferred Liabilities
=261.586+0
=1,231.99

* 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


Bally Total Fitness Holding Total Current Liabilities Related Terms

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Bally Total Fitness Holding (Bally Total Fitness Holding) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
8700 West Bryn Mawr Avenue, Chicago, IL, USA, 60631
Bally Total Fitness Holding is the largest commercial operator of fitness centers in the United States in terms of revenue, number of members, and square footage of facilities. The company operates more than 400 fitness centers with approximately 4 million members. Its fitness centers are generally 30,000 square feet in size and include such amenities as a workout area, sauna and steam facilities, a lap pool, free-weight rooms, aerobic-exercise rooms, an indoor jogging track, and racquetball courts.

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