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Atlas Engineered Products (Atlas Engineered Products) Total Current Liabilities : $7.21 Mil (As of Sep. 2023)


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What is Atlas Engineered Products Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. Atlas Engineered Products's total current liabilities for the quarter that ended in Sep. 2023 was $7.21


Atlas Engineered Products Total Current Liabilities Historical Data

The historical data trend for Atlas Engineered Products'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.

Atlas Engineered Products Total Current Liabilities Chart

Atlas Engineered Products Annual Data
Trend Nov12 Nov13 Nov14 Nov15 Nov16 May18 Dec19 Dec20 Dec21 Dec22
Total Current Liabilities
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.29 9.36 4.12 5.30 5.05

Atlas Engineered Products Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 7.08 5.05 5.00 5.02 7.21

Atlas Engineered Products Total Current Liabilities Calculation

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

Atlas Engineered Products's Total Current Liabilities for the fiscal year that ended in Dec. 2022 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=2.759+2.015
+Other Current Liabilities+Current Deferred Liabilities
=0+0.277
=5.05

Atlas Engineered Products's Total Current Liabilities for the quarter that ended in Sep. 2023 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=3.414+3.13
+Other Current Liabilities+Current Deferred Liabilities
=0.00099999999999945+0.664
=7.21

* 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


Atlas Engineered Products Total Current Liabilities Related Terms

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Atlas Engineered Products (Atlas Engineered Products) Business Description

Traded in Other Exchanges
Address
2005 Boxwood Road, Nanaimo, BC, CAN, V9S 5X9
Atlas Engineered Products Ltd is a Canada-based supplier of trusses and engineered wood products. It is engaged in the principal activities of manufacturing trusses for commercial and residential buildings and delivering them to its customers on Vancouver Island. The group generates revenue from the sale of Trusses, Wall panels, Engineered wood products, and Windows. Its products and services include project management and site assembly services, design, engineering and permitting services, floor joists, floor trusses, floor panels, roof trusses, wall panels, and windows. It operates manufacturing and distribution facilities in British Columbia, Manitoba, and Ontario.

Atlas Engineered Products (Atlas Engineered Products) Headlines

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