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Titan Oil & Gas (Titan Oil & Gas) Total Current Liabilities : $0.05 Mil (As of May. 2013)


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What is Titan Oil & Gas Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. Titan Oil & Gas's total current liabilities for the quarter that ended in May. 2013 was $0.05


Titan Oil & Gas Total Current Liabilities Historical Data

The historical data trend for Titan Oil & Gas'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.

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Titan Oil & Gas Total Current Liabilities Chart

Titan Oil & Gas Annual Data
Trend Aug09 Aug10 Aug11 Aug12
Total Current Liabilities
- 0.05 0.04 0.02

Titan Oil & Gas Quarterly Data
Nov08 Feb09 May09 Aug09 Nov09 Feb10 May10 Aug10 Nov10 Feb11 May11 Aug11 Nov11 Feb12 May12 Aug12 Nov12 Feb13 May13
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 0.03 0.02 0.02 0.02 0.05

Titan Oil & Gas Total Current Liabilities Calculation

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

Titan Oil & Gas's Total Current Liabilities for the fiscal year that ended in Aug. 2012 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=0.02+0
+Other Current Liabilities+Current Deferred Liabilities
=0+0
=0.02

Titan Oil & Gas's Total Current Liabilities for the quarter that ended in May. 2013 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=0.046+0
+Other Current Liabilities+Current Deferred Liabilities
=0+0
=0.05

* 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


Titan Oil & Gas Total Current Liabilities Related Terms

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Titan Oil & Gas (Titan Oil & Gas) Business Description

Industry
Traded in Other Exchanges
N/A
Address
7251 West Lake Mead Boulevard, Suite 300, Las Vegas, NV, USA, 89128
Titan Oil & Gas Inc is an is an exploration stage company. It is engaged in the acquisition, exploration and development of oil and gas properties.

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