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Apollo Education Group Inc  (NAS:APOL) Total Current Liabilities: $681 Mil (As of Nov. 2016)

Total current liabilities includes Accounts Payable & Accrued Expense, Current Portion of Long-Term Debt, Other Current Liabilities, and Current Deferred Liabilities. Apollo Education Group Inc's total current liabilities for the quarter that ended in Nov. 2016 was $681


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

* Premium members only.

Apollo Education Group Inc Annual Data

Aug07 Aug08 Aug09 Aug10 Aug11 Aug12 Aug13 Aug14 Aug15 Aug16
Total Current Liabilities Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1,655.04 1,570.32 1,543.40 832.34 715.48

Apollo Education Group Inc Quarterly Data

Feb12 May12 Aug12 Nov12 Feb13 May13 Aug13 Nov13 Feb14 May14 Aug14 Nov14 Feb15 May15 Aug15 Nov15 Feb16 May16 Aug16 Nov16
Total Current Liabilities 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 Premium Member Only Premium Member Only Premium Member Only 751.49 830.83 723.69 715.48 681.11

Calculation

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

Apollo Education Group Inc's Total Current Liabilities for the fiscal year that ended in Aug. 2016 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Current Portion of Long-Term Debt
=283.989+55.609
+Other Current Liabilities+Current Deferred Liabilities
=-5.68434188608E-14+375.879
=715

Apollo Education Group Inc's Total Current Liabilities for the quarter that ended in Nov. 2016 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Current Portion of Long-Term Debt
=267.841+23.53
+Other Current Liabilities+Current Deferred Liabilities
=0+389.735
=681

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's 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 Working Capital and the Current Ratio. 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.

Total Current Liabilities is also linked to Working Capital, 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


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