GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Q Lotus Holdings Inc (OTCPK:QLTS) » Definitions » Total Current Liabilities

Q Lotus Holdings (Q Lotus Holdings) Total Current Liabilities : $5.76 Mil (As of Dec. 2013)


View and export this data going back to 2008. Start your Free Trial

What is Q Lotus 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. Q Lotus Holdings's total current liabilities for the quarter that ended in Dec. 2013 was $5.76


Q Lotus Holdings Total Current Liabilities Historical Data

The historical data trend for Q Lotus 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.

Q Lotus Holdings Total Current Liabilities Chart

Q Lotus Holdings Annual Data
Trend Sep07 Sep08 Sep09 Mar11 Mar12
Total Current Liabilities
- - 0.01 0.47 1.97

Q Lotus Holdings Quarterly Data
Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13
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 3.51 4.24 5.09 5.15 5.76

Q Lotus 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.

Q Lotus Holdings's Total Current Liabilities for the fiscal year that ended in Mar. 2012 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=0.485+1.481
+Other Current Liabilities+Current Deferred Liabilities
=-2.2204460492503E-16+0
=1.97

Q Lotus Holdings's Total Current Liabilities for the quarter that ended in Dec. 2013 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=1.566+3.478
+Other Current Liabilities+Current Deferred Liabilities
=0.719+0
=5.76

* 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


Q Lotus Holdings Total Current Liabilities Related Terms

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


Q Lotus Holdings (Q Lotus Holdings) Business Description

Traded in Other Exchanges
N/A
Address
Q Lotus Holdings, Inc. is a diversified financial services holding company which provides financing and acquires growing companies in which it believes its management participation in operations can create additional value.
Executives
Gary A Rosenberg director, officer: CEO and President 500 N. DEARBORN SUITE 605 CHICAGO IL 60654
Robert H Daskal director C/O OLYMPIC CASCADE FINANCIAL CORP 875 NORTH MICHIGAN AVENUE, STE. 1560 CHICAGO IL 60611

Q Lotus Holdings (Q Lotus Holdings) Headlines

No Headlines