QRS Music Technologies (QRS Music Technologies) Total Liabilities : $2.67 Mil (As of Mar. 2007)

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What is QRS Music Technologies Total Liabilities?

QRS Music Technologies's Total Liabilities for the quarter that ended in Mar. 2007 was $2.67 Mil.

QRS Music Technologies's quarterly Total Liabilities increased from Sep. 2006 ($2.91 Mil) to Dec. 2006 ($3.12 Mil) but then declined from Dec. 2006 ($3.12 Mil) to Mar. 2007 ($2.67 Mil).

QRS Music Technologies's annual Total Liabilities increased from Jun. 2004 ($1.70 Mil) to Jun. 2005 ($2.36 Mil) and increased from Jun. 2005 ($2.36 Mil) to Jun. 2006 ($3.25 Mil).

QRS Music Technologies Total Liabilities Historical Data

The historical data trend for QRS Music Technologies's Total 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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QRS Music Technologies Total Liabilities Chart

QRS Music Technologies Annual Data

Trend

Jun01

Jun02

Jun03

Jun04

Jun05

Jun06

Total Liabilities

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1.55

1.92

1.70

2.36

3.25

QRS Music Technologies Quarterly Data
	Jun02	Sep02	Dec02	Mar03	Jun03	Sep03	Dec03	Mar04	Jun04	Sep04	Dec04	Mar05	Jun05	Sep05	Dec05	Mar06	Jun06	Sep06	Dec06	Mar07
Total Liabilities	Get a 7-Day Free Trial															2.93	3.25	2.91	3.12	2.67

QRS Music Technologies Total Liabilities Calculation

Total Liabilities are the liabilities that the company has to pay others. It is a part of the balance sheet of a company that shareholders do not own, and would be obligated to pay back if the company liquidated.

QRS Music Technologies's Total Liabilities for the fiscal year that ended in Jun. 2006 is calculated as

Total Liabilities	=	Total Current Liabilities	+	Total Noncurrent Liabilities
	=	Total Current Liabilities	+	(Long-Term Debt & Capital Lease Obligation	+	Other Long-Term Liabilities
	=	2.575	+	(0.678	+	-0.0010000000000004
	+	NonCurrent Deferred Liabilities	+	PensionAndRetirementBenefit)
	+	0	+	0)
	=	3.25

Total Liabilities	=	Total Assets (A: Jun. 2006 )	-	Total Equity (A: Jun. 2006 )
	=	13.046	-	9.794
	=	3.25

QRS Music Technologies's Total Liabilities for the quarter that ended in Mar. 2007 is calculated as

Total Liabilities	=	Total Current Liabilities	+	Total Noncurrent Liabilities
	=	Total Current Liabilities	+	(Long-Term Debt & Capital Lease Obligation	+	Other Long-Term Liabilities
	=	2.06	+	(0.611	+	-2.2204460492503E-16
	+	NonCurrent Deferred Liabilities	+	PensionAndRetirementBenefit)
	+	0	+	0)
	=	2.67

Total Liabilities	=	Total Assets (Q: Mar. 2007 )	-	Total Equity (Q: Mar. 2007 )
	=	12.333	-	9.662
	=	2.67

QRS Music Technologies Total Liabilities Related Terms

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QRS Music Technologies (QRS Music Technologies) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » QRS Music Technologies Inc (OTCPK:QRSM) » Definitions » Total Liabilities

Comparable Companies

Traded in Other Exchanges

N/A

Address

269 Quaker Drive, Seneca, PA, USA, 16346

Website

https://www.qrsmusic.com

QRS Music Technologies Inc manufactures and distributes pianos, pianomation units and compact discs and music rolls for use in player pianos. The firm has a presence in Buffalo, New York and Seneca, Pennsylvania within the United States and internationally in Belmain NSW, Australia. It also operates a sales and procurement office in Hong Kong, China.

QRS Music Technologies (QRS Music Technologies) Headlines

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