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Connecticut Water Service (Connecticut Water Service) Total Current Liabilities : $95.9 Mil (As of Jun. 2019)


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What is Connecticut Water Service Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. Connecticut Water Service's total current liabilities for the quarter that ended in Jun. 2019 was $95.9


Connecticut Water Service Total Current Liabilities Historical Data

The historical data trend for Connecticut Water Service'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.

Connecticut Water Service Total Current Liabilities Chart

Connecticut Water Service Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Total Current Liabilities
Get a 7-Day Free Trial Premium Member Only Premium Member Only 23.62 36.94 55.13 41.54 78.91

Connecticut Water Service Quarterly Data
Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19
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 60.88 76.65 78.91 84.50 95.92

Connecticut Water Service Total Current Liabilities Calculation

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

Connecticut Water Service's Total Current Liabilities for the fiscal year that ended in Dec. 2018 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=15.313+58.308
+Other Current Liabilities+Current Deferred Liabilities
=5.285+0
=78.9

Connecticut Water Service's Total Current Liabilities for the quarter that ended in Jun. 2019 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=12.284+78.683
+Other Current Liabilities+Current Deferred Liabilities
=4.948+0
=95.9

* 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


Connecticut Water Service Total Current Liabilities Related Terms

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Connecticut Water Service (Connecticut Water Service) Business Description

Traded in Other Exchanges
N/A
Address
93 West Main Street, Clinton, CT, USA, 06413
Connecticut Water Service Inc is a water utility that operates in the northeastern region of the United States, specifically Connecticut and Maine. The company has various subsidiaries and divisions, including water operations, which supplies public drinking water; real estate transactions, which sells real estate holdings; and service rentals, which sells contracted water and wastewater services. The major customers of the firm are residential, commercial, fire protection, public authority, and industrial entities. The majority of the company's revenue is derived from its water operations segment and residential customers.
Executives
Ellen C Wolf director C/O AMERICAN WATER WORKS CO INC, 1025 LAUREL OAK RD P O BOX 1770, VOORHEES NJ 08043
Maureen P Westbrook officer: VP, Customer & Reg Affairs 93 WEST MAIN ST, CLINTON CT 06413
A Kristen Johnson officer: V.P. Human Resources C/O CONNECTICUT WATER SERVICE, INC., 93 WEST MAIN STREET, CLINTON CT 06413
Mary Ann Hanley director 93 WEST MAIN STREET, CLINTON CT 06413
Carol P Wallace director 93 WEST MAIN STREET, CLINTON CT 06413
Hunt Heather director 93 WEST MAIN STREET, CLINTON CT 06413
David C Benoit officer: President & CEO 93 WEST MAIN ST, CLINTON CT 06413
Eric W Thornburg director, officer: President/CEO/Chairman 13165 TEN OAK COURT, SARATOGA CA 95070
Judith Kelly officer: Div. Pres. Maine Water C/O NORTHEAST BANK, 500 CANAL STREET, LEWISTON ME 04240