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HK Battery Technology (HK Battery Technology) Total Current Liabilities : $5.89 Mil (As of Mar. 2016)


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What is HK Battery Technology Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. HK Battery Technology's total current liabilities for the quarter that ended in Mar. 2016 was $5.89


HK Battery Technology Total Current Liabilities Historical Data

The historical data trend for HK Battery Technology'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.

HK Battery Technology Total Current Liabilities Chart

HK Battery Technology Annual Data
Trend Dec06 Dec07 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
Total Current Liabilities
Get a 7-Day Free Trial Premium Member Only 0.18 0.91 2.34 3.69 5.85

HK Battery Technology Quarterly Data
Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16
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 9.53 5.81 5.81 5.85 5.89

HK Battery Technology Total Current Liabilities Calculation

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

HK Battery Technology's Total Current Liabilities for the fiscal year that ended in Dec. 2015 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=5.774+0
+Other Current Liabilities+Current Deferred Liabilities
=0.0010000000000003+0.074
=5.85

HK Battery Technology's Total Current Liabilities for the quarter that ended in Mar. 2016 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=5.888+0
+Other Current Liabilities+Current Deferred Liabilities
=0+0
=5.89

* 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


HK Battery Technology Total Current Liabilities Related Terms

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HK Battery Technology (HK Battery Technology) Business Description

Traded in Other Exchanges
N/A
Address
800 East Colorado Boulevard, Suite 888, Pasadena, CA, USA, 91101
Website
HK Battery Technology Inc is a development stage company.
Executives
John N Braca director C/O SENESCO TECHNOLOGIES INC, 303 GEORGE ST STE 420, NEW BRUNSWICK NJ 08901
David Rector director, officer: CEO, President, Sec. & Treasur
David C. Mathewson director, 10 percent owner, officer: President 1265 MESA DRIVE, FERNLEY NV 89408

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