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Recycling Asset Holdings (Recycling Asset Holdings) Total Current Liabilities : $8.02 Mil (As of Sep. 2019)


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What is Recycling Asset Holdings Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. Recycling Asset Holdings's total current liabilities for the quarter that ended in Sep. 2019 was $8.02


Recycling Asset Holdings Total Current Liabilities Historical Data

The historical data trend for Recycling Asset Holdings'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.

Recycling Asset Holdings Total Current Liabilities Chart

Recycling Asset Holdings Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Total Current Liabilities
Get a 7-Day Free Trial Premium Member Only Premium Member Only 21.29 4.29 6.03 8.11 7.25

Recycling Asset Holdings Quarterly Data
Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19
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 9.71 7.25 9.16 8.78 8.02

Recycling Asset Holdings Total Current Liabilities Calculation

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

Recycling Asset Holdings's Total Current Liabilities for the fiscal year that ended in Dec. 2018 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=2.389+4.293
+Other Current Liabilities+Current Deferred Liabilities
=0.566+0
=7.25

Recycling Asset Holdings's Total Current Liabilities for the quarter that ended in Sep. 2019 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=2.061+5.203
+Other Current Liabilities+Current Deferred Liabilities
=0.757+0
=8.02

* 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


Recycling Asset Holdings Total Current Liabilities Related Terms

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Recycling Asset Holdings (Recycling Asset Holdings) Business Description

Traded in Other Exchanges
N/A
Address
7100 Grade Lane, Louisville, KY, USA, 40213
Industrial Services of America Inc is a waste and recycling company in the United States. It is engaged in the buying, processing, and marketing of ferrous and non-ferrous metals and other recyclable commodities and buys used autos in order to sell used auto parts. The company's business activity falls within a single segment - The Recycling Segment, which provides ferrous and non-ferrous recycling in four locations in the Midwest. It has operating locations in Louisville, Kentucky, and Seymour and New Albany, Indiana.
Executives
Daniel M Rifkin 10 percent owner 6714 POINTE INVERNESS WAY, SUITE 200, FORT WAYNE IN 46804
David Treadway Russell director 1720 ENSLEY AVE, LOS ANGELES CA 90024