Environmental Tectonics (Environmental Tectonics) Total Current Liabilities : $40.30 Mil (As of Aug. 2023)

Environmental Tectonics Total Current Liabilities Chart

Environmental Tectonics Annual Data
	Trend	Feb05	Feb06	Feb07	Feb08	Feb09	Feb10	Feb11	Feb12	Feb22	Feb23
Total Current Liabilities		Get a 7-Day Free Trial					21.41	19.58	20.25	18.46	19.48

Environmental Tectonics Semi-Annual Data
	Feb05	Aug05	Feb06	Aug06	Feb07	Aug07	Feb08	Aug08	Feb09	Aug09	Feb10	Aug10	Feb11	Aug11	Feb12	Aug12	Feb22	Aug22	Feb23	Aug23
Total Current Liabilities	Get a 7-Day Free Trial															17.67	18.46	-	19.48	40.30

Environmental Tectonics Total Current Liabilities Calculation

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

Environmental Tectonics's Total Current Liabilities for the fiscal year that ended in Feb. 2023 is calculated as

Environmental Tectonics's Total Current Liabilities for the quarter that ended in Aug. 2023 is calculated as

* 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

Environmental Tectonics Total Current Liabilities Related Terms

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Environmental Tectonics (Environmental Tectonics) Business Description