GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Distribution » Itonis Inc (OTCPK:ITNS) » Definitions » Total Current Liabilities

Itonis (Itonis) Total Current Liabilities : $1.18 Mil (As of Feb. 2008)


View and export this data going back to 2007. Start your Free Trial

What is Itonis Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. Itonis's total current liabilities for the quarter that ended in Feb. 2008 was $1.18

Itonis Total Current Liabilities Historical Data

The historical data trend for Itonis'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.

Itonis Total Current Liabilities Chart

Itonis Annual Data
Trend Nov05 Nov06 Nov07
Total Current Liabilities
0.08 0.48 1.11

Itonis Quarterly Data
Nov05 Feb06 May06 Aug06 Nov06 Feb07 May07 Aug07 Nov07 Feb08
Total Current Liabilities Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.71 1.02 0.86 1.11 1.18

Itonis Total Current Liabilities Calculation

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

Itonis's Total Current Liabilities for the fiscal year that ended in Nov. 2007 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=0.897+0
+Other Current Liabilities+Current Deferred Liabilities
=0.209+0
=1.11

Itonis's Total Current Liabilities for the quarter that ended in Feb. 2008 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=0.812+0
+Other Current Liabilities+Current Deferred Liabilities
=0.365+0
=1.18

* 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

Itonis Total Current Liabilities Related Terms

Thank you for viewing the detailed overview of Itonis's Total Current Liabilities provided by GuruFocus.com. Please click on the following links to see related term pages.

Itonis (Itonis) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Distribution » Itonis Inc (OTCPK:ITNS) » Definitions » Total Current Liabilities
Comparable Companies
FZMD SNYR SGMFF PMC EBOSF OMI UDHCF PBH PDCO SHPMY SHTDY HSIC ABC CAH MCK
Traded in Other Exchanges
N/A
Address
22600-C Lambert Street, Suite 902, Lake Forest, CA, USA, 92630
Website
http://www.itonisholdings.com
Itonis Inc is a development-stage company. It operates as a holding company, which engages in the development and distribution of products to the medical and pharmaceutical industry. It is presently focused on marketing its Emesyl homeopathic anti-nausea product for retail sale. It produces and markets over-the-counter and prescription homeopathic preparations to treat both common ailments and chronic diseases.

Itonis (Itonis) Headlines

From GuruFocus

Itonis, Inc. announces “Emesyl® Plus” homeopathic nasal spray containing Premium Hemp Oil

By Marketwired Marketwired • 09-26-2018