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Advanced Battery Technologies (Advanced Battery Technologies) Total Current Liabilities : $7.62 Mil (As of Dec. 2010)


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What is Advanced Battery Technologies Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. Advanced Battery Technologies's total current liabilities for the quarter that ended in Dec. 2010 was $7.62

Advanced Battery Technologies Total Current Liabilities Historical Data

The historical data trend for Advanced Battery Technologies'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.

Advanced Battery Technologies Total Current Liabilities Chart

Advanced Battery Technologies Annual Data
Trend Jun01 Jun02 Jun03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10
Total Current Liabilities
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.98 1.84 1.30 5.20 7.62

Advanced Battery Technologies Semi-Annual Data
Jun00 Jun01 Jun02 Jun03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10
Total Current Liabilities Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 0.98 1.84 1.30 5.20 7.62

Advanced Battery Technologies Total Current Liabilities Calculation

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

Advanced Battery Technologies's Total Current Liabilities for the fiscal year that ended in Dec. 2010 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=7.611+0
+Other Current Liabilities+Current Deferred Liabilities
=0.010000000000001+0
=7.62

Advanced Battery Technologies's Total Current Liabilities for the quarter that ended in Dec. 2010 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=7.611+0
+Other Current Liabilities+Current Deferred Liabilities
=0.010000000000001+0
=7.62

* 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

Advanced Battery Technologies Total Current Liabilities Related Terms

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Advanced Battery Technologies (Advanced Battery Technologies) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Advanced Battery Technologies Inc (OTCPK:ABAT) » Definitions » Total Current Liabilities
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XKRX:232680 XKLS:0161 ASX:RGI BSP:INEP3 HKSE:01536 CCTC HKSE:08506 LSE:XSG SGX:508 HKSE:08115 ROCO:3379 ASX:ZGL ASX:EGY BOM:522134 NSE:ICEMAKE SGX:BQF ROCO:8047 AUSI XSWX:PEDU OCSE:MIGA B
Traded in Other Exchanges
N/A
Address
Website
http://www.zqpt.com
Advanced Battery Technologies Inc was incorporated in the State of Delaware on January 16, 1984. It is a holding company, which is engaged in design, manufacture and distribution of rechargeable polymer lithium-ion batteries and electric vehicles through its wholly owned subsidiaries, Cashtech, ZQPT, Wuxi ZQ and the VIE, HLJ ZQPT. ZQ Power-Tech designs, manufactures and markets rechargeable polymer lithium-ion batteries. PLI batteries produce a relatively high average of 3.8 volts per cell, which makes them attractive in terms of both weight and volume. Additionally, they can be manufactured in very thin configurations and with large footprints. PLI cells can be configured in almost any prismatic shape, and can be made thinner than 0.0195 inches to fill virtually any shape efficiently. This combination of power and versatility makes rechargeable PLI batteries particularly attractive for use in consumer products such as portable computers, personal digital assistants and cellular telephones. ZQ Power-Techs batteries combine high-energy chemistry with state-of-the-art polymer technology. Every battery component is solid, which means that there are no liquids that need to be contained by heavy cell housings. The result is a safe, thin, lightweight rechargeable battery with an operating temperature range. Similar to lithium-ion prismatic rechargeable cells, the ZQ Power-Tech polymer cells do not exhibit a memory problem. This means that they can be recharged at any state of charge, without first having to be completely discharged. At the present time, ZQ Power-Tech produces only one finished product. This is a cordless miners lamp equipped with a rechargeable PLI battery. The Companys operating subsidiaries, ZQ Power-Tech and Wuxi ZQ, are subject to numerous Chinese provincial and local laws and regulations relating to the protection of the environment.
Executives
Dahe Zhang officer: Chief Financial Officer 500 5TH AVENUE, SUITE 4120, NEW YORK NY 10110
John Leo director 80 WALL STREET, 5TH FLOOR, NEW YORK NY 10005

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