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Drug Free Solution (Drug Free Solution) Total Current Liabilities : $0.39 Mil (As of Feb. 2014)


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What is Drug Free Solution Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. Drug Free Solution's total current liabilities for the quarter that ended in Feb. 2014 was $0.39

Drug Free Solution Total Current Liabilities Historical Data

The historical data trend for Drug Free Solution'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.

Drug Free Solution Total Current Liabilities Chart

Drug Free Solution Annual Data
Trend May12 May13
Total Current Liabilities
- 0.06

Drug Free Solution Quarterly Data
Aug11 Nov11 Feb12 May12 Aug12 Nov12 Feb13 May13 Aug13 Nov13 Feb14
Total Current Liabilities Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 0.03 0.06 0.11 0.27 0.39

Drug Free Solution Total Current Liabilities Calculation

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

Drug Free Solution's Total Current Liabilities for the fiscal year that ended in May. 2013 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=0.063+0
+Other Current Liabilities+Current Deferred Liabilities
=0+0
=0.06

Drug Free Solution's Total Current Liabilities for the quarter that ended in Feb. 2014 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=0.147+0
+Other Current Liabilities+Current Deferred Liabilities
=0.244+0
=0.39

* 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

Drug Free Solution Total Current Liabilities Related Terms

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Drug Free Solution (Drug Free Solution) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Drug Free Solution Inc (OTCPK:DSOL) » Definitions » Total Current Liabilities
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Traded in Other Exchanges
N/A
Address
47 West Division Street, No. 113, Chicago, IL, USA, 60610
Website
https://www.getyourfeelzon.com
Drug Free Solution Inc is a United States based proprietary services, education, and holding company of the Living Breath Series and Protocols. It is engaged in delivering proprietary emotional wellness technology such as Living Breath Process. The company's signature product, the Daily Feelz, is a three-step process that combines self-analysis, breath, and proprietary language sequences. The Get Your Feelz On offers consumers, through a proprietary digital platform. These products primarily serve the Mental Health and Emotional Wellness markets along with their sub-markets which include Fitness and Mind-Body; Preventative and Personalized Medicine and Public Health; as well as Workplace Wellness.

Drug Free Solution (Drug Free Solution) Headlines

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