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Anglogold Ashanti Ltd  (NYSE:AU) Total Current Liabilities: $736 Mil (As of Jun. 2017)

Total current liabilities includes Accounts Payable & Accrued Expense, Current Portion of Long-Term Debt, Other Current Liabilities, and Current Deferred Liabilities. Anglogold Ashanti Ltd's total current liabilities for the quarter that ended in Jun. 2017 was $736


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.

Anglogold Ashanti Ltd Annual Data

Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Total Current Liabilities Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1,958.00 1,179.00 984.00 707.00 760.00

Anglogold Ashanti Ltd Semi-Annual Data

Dec07 Jun08 Dec08 Jun09 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17
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 872.00 707.00 1,182.00 760.00 736.00

Calculation

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

Anglogold Ashanti Ltd's Total Current Liabilities for the fiscal year that ended in Dec. 2016 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Current Portion of Long-Term Debt
=726+34
+Other Current Liabilities+Current Deferred Liabilities
=0+0
=760

Anglogold Ashanti Ltd's Total Current Liabilities for the quarter that ended in Jun. 2017 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Current Portion of Long-Term Debt
=682+54
+Other Current Liabilities+Current Deferred Liabilities
=0+0
=736

* 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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