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MTGE Investment (MTGE Investment) Total Current Liabilities : $73.50 Mil (As of Jun. 2018)


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What is MTGE Investment Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. MTGE Investment's total current liabilities for the quarter that ended in Jun. 2018 was $73.50

MTGE Investment Total Current Liabilities Historical Data

The historical data trend for MTGE Investment'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.

MTGE Investment Total Current Liabilities Chart

MTGE Investment Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Total Current Liabilities
Get a 7-Day Free Trial 114.42 201.52 117.67 78.13 66.42

MTGE Investment Quarterly Data
Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18
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 207.45 79.53 66.42 127.10 73.50

MTGE Investment Total Current Liabilities Calculation

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

MTGE Investment's Total Current Liabilities for the fiscal year that ended in Dec. 2017 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=61.965+0
+Other Current Liabilities+Current Deferred Liabilities
=4.454+0
=66.42

MTGE Investment's Total Current Liabilities for the quarter that ended in Jun. 2018 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=73.496+0
+Other Current Liabilities+Current Deferred Liabilities
=0+0
=73.50

* 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

MTGE Investment Total Current Liabilities Related Terms

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MTGE Investment (MTGE Investment) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » MTGE Investment Corp (NAS:MTGEP.PFD) » Definitions » Total Current Liabilities
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HIFR ASX:CLW BKK:WHART TSE:8977 XTER:HAB XPAR:ARG MIL:IGD JSE:IPF XTAE:RIT1 AFIN XMAD:YZBL AHH XBRU:WEHB XMAD:LRE SGX:CRPU JSE:ATT TSX:AX.UN XBRU:INTO RC TSE:8966
Traded in Other Exchanges
N/A
Address
Website
http://www.mtge.com
MTGE Investment is a hybrid mortgage REIT that invests in, finances, and manages a portfolio of agency mortgage-backed securities, nonagency mortgage investments, and other real estate-related assets. Its residential mortgage-backed securities, or RMBS, include residential mortgage pass-through certificates and collateralised mortgage obligations. Its nonagency mortgage investments comprise RMBS backed by residential mortgages, as well as prime and nonprime residential mortgage loans. The company generates its revenue from the interest earned and lease payments received on its investment assets. MTGE Investment's assets are externally managed by a subsidiary of AGNC Investment.
Executives
Julia Lynn Coronado director C/O DYNEX CAPITAL, INC., 4991 LAKE BROOK DRIVE, SUITE 100, GLEN ALLEN VA 23060
Robert M. Couch director AMERICAN CAPITAL AGENCY CORP., 2 BETHESDA METRO CENTER, 12TH FLOOR, BETHESDA MD 20814
Randy E. Dobbs director C/O VIEMED HEALTHCARE, INC, 625 E. KALISTE SALOOM RD, LAFAYETTE LA 70508
Sean Reid officer: CEO AGNC INVESTMENT CORP., 7373 WISCONSIN AVENUE, 22ND FLOOR, BETHESDA MD 20814
Steven W. Abrahams director MTGE INVESTMENT CORP., 2 BETHESDA METRO CENTER, 12TH FLOOR, BETHESDA MD 20814
Kenneth L. Pollack officer: SVP and Secretary AMERICAN CAPITAL AGENCY CORP., 2 BETHESDA METRO CENTER, 12TH FLOOR, BETHESDA MD 20814
Donald Holley officer: SVP and Chief Accounting Off. AMERICAN CAPITAL MORTGAGE INVESTMENT COR, 2 BETHESDA METRO CENTER, 12TH FLOOR, BETHESDA MD 20814
Aaron Pas officer: SVP AMERICAN CAPITAL MORTGAGE INVESTMENT COR, 2 BETHESDA METRO CENTER, 12TH FLOOR, BETHESDA MD 20814
Prue Larocca director AMERICAN CAPITAL AGENCY CORP., 7373 WISCONSIN AVENUE, 22ND FLOOR, BETHESDA MD 20814
Sab Capital Advisors Llc 10 percent owner 767 FIFTH AVENUE, 45TH FLOOR, NEW YORK NY 10153
Sab Capital Management Llc 10 percent owner 767 FIFTH AVENUE, 21ST FLOOR, NEW YORK NY 10153
Sab Capital Management Lp 10 percent owner 767 FIFTH AVENUE, 45TH FLOOR, NEW YORK NY 10153
Scott A Bommer 10 percent owner 712 FIFTH AVE, NEW YORK NY 10019
Christopher Kuehl officer: SVP, Agency Portfolio Invt AMERICAN CAPITAL AGENCY CORP., 7373 WISCONSIN AVENUE, 22ND FL, BETHESDA MD 20814
John R Erickson director, officer: EVP, CFO and Asst. Sec. 2 BETHESDA METRO CENTER, 14TH FLOOR, BETHESDA MD 20814