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El Paso Electric Co (El Paso Electric Co) Total Current Liabilities : $429.7 Mil (As of Mar. 2020)


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What is El Paso Electric Co Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. El Paso Electric Co's total current liabilities for the quarter that ended in Mar. 2020 was $429.7

El Paso Electric Co Total Current Liabilities Historical Data

The historical data trend for El Paso Electric Co'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.

El Paso Electric Co Total Current Liabilities Chart

El Paso Electric Co Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Total Current Liabilities
Get a 7-Day Free Trial Premium Member Only Premium Member Only 277.06 303.41 316.23 313.26 336.40

El Paso Electric Co Quarterly Data
Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20
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 401.49 328.26 326.65 336.40 429.74

El Paso Electric Co Total Current Liabilities Calculation

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

El Paso Electric Co's Total Current Liabilities for the fiscal year that ended in Dec. 2019 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=119.256+158.77
+Other Current Liabilities+Current Deferred Liabilities
=58.369+0
=336.4

El Paso Electric Co's Total Current Liabilities for the quarter that ended in Mar. 2020 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=89.511+285.76
+Other Current Liabilities+Current Deferred Liabilities
=54.473+0
=429.7

* 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

El Paso Electric Co Total Current Liabilities Related Terms

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El Paso Electric Co (El Paso Electric Co) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » El Paso Electric Co (NYSE:EE) » Definitions » Total Current Liabilities
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PNM POR HE KEN IDA SPKE GNE SUME OGE PCG NEE DUK SO AEP XEL WEC ES HKSE:00002 ED XMAD:ELE
Traded in Other Exchanges
N/A
Address
100 North Stanton, Stanton Tower, El Paso, TX, USA, 79901
Website
https://www.epelectric.com
El Paso Electric Co is a Texas-based public utility company engaged in the generation, transmission, and distribution of electricity in the Southwestern U.S. The company principally serves retail customers in the El Paso, Texas and Las Cruces, New Mexico markets through its portfolio of nuclear, natural gas, coal, solar, and wind power plants. The vast majority of the total power produced by El Paso Electric is derived from its nuclear and natural gas facilities. The company generates most of its revenue from the production and sale of energy. Distribution service fees also represent a significant income stream. El Paso Electric primarily serves residential and small industrial customers, but also participates in wholesale transactions with local military installations and universities.
Executives
James W Cicconi director 208 S. AKARD ST., DALLAS TX 75202
Charles Yamarone director 123 W MILLS, EL PASO TX 79901
Eric B Siegel director 123 W MILLS, EL PASO TX 79901
Stephen Wertheimer director 123 W MILLS, EL PASO TX 79901
Paul M Barbas director C/O DPL INC., 1065 WOODMAN DRIVE, DAYTON OH 45432
Catherine A Allen director 5 SAN SEBASTIAN ROAD, SANTA FE NM 87505
William Stiller officer: SVP & Chief HRO 1601 W. LBJ FREEWAY, DALLAS TX 75234
Woody L Hunt director 4401 NORTH MESA, EL PASO TX 79902
Shockley Thomas V Iii director 602 CIMARRON HILLS TRAIL WEST, GEORGETOWN TX 78628
Michael K Parks director 123 W MILLS, EL PASO TX 79901
Steven P Busser officer: VP-TREASURER C/O EVERGY, INC., 1200 MAIN STREET, KANSAS CITY MO 64105
Kenneth Heitz director 123 W MILLS, EL PASO TX 79901
Edwards George W Jr director 123 W MILLS, EL PASO TX 79901
Redd Ershel C Jr officer: President and CEO C/O EL PASO ELECTRIC COMPANY, 100 N. STANTON, EL PASO TX 79901
Terry D Bassham officer: Exec VP & Chief Fin & Admin COMMERCE BANK, PO BOX 419248, KANSAS CITY MO 64141-6248