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Granite City Food & Brewery (Granite City Food & Brewery) Total Current Liabilities

: $52.2 Mil (As of Jun. 2017)
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Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. Granite City Food & Brewery's total current liabilities for the quarter that ended in Jun. 2017 was $52.2

Granite City Food & Brewery Total Current Liabilities Historical Data

The historical data trend for Granite City Food & Brewery'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.

Granite City Food & Brewery Annual Data
Trend 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 14.81 17.40 17.72 18.56 55.32

Granite City Food & Brewery Quarterly Data
Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 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 16.17 19.53 55.32 53.44 52.23

Granite City Food & Brewery Total Current Liabilities Calculation

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

Granite City Food & Brewery's Total Current Liabilities for the fiscal year that ended in Dec. 2016 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=10.872+39.799
+Other Current Liabilities+Current Deferred Liabilities
=0.00099999999999767+4.651
=55.3

Granite City Food & Brewery's Total Current Liabilities for the quarter that ended in Jun. 2017 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=12.142+39.706
+Other Current Liabilities+Current Deferred Liabilities
=0+0.378
=52.2

* 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

Granite City Food & Brewery Total Current Liabilities Related Terms

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Granite City Food & Brewery (Granite City Food & Brewery) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Granite City Food & Brewery Ltd (OTCPK:GCFB) » Definitions » Total Current Liabilities
Comparable Companies
WAR:MRH BDVB WAR:MXP DBUB HKSE:08272 TSXV:GB WAR:SFS WAR:SKN BOM:539273 GIGL ROCO:2740 NZSE:GSH BOM:539659 NSE:CKPLEISURE STRZ BOM:507522 KONAQ LSE:TAST HKSE:08232 WAR:MEX
Traded in Other Exchanges
N/A
Address
3600 American Boulevard West, Suite 400, Bloomington, MN, USA, 55431
Website
https://www.gcfb.com
Granite City Food & Brewery Ltd owns and operates a restaurant with an on-site brewery. The company operates two casual dining concepts which include Granite city food and brewery and Cadillac ranch all American bar and grill. The Granite city restaurant theme is upscale casual dining with a wide variety of menu items, which includes handcrafted beers finished on-site. Cadillac Ranch restaurants feature authentic, cuisine in a fun, dynamic environment. Its menu is diverse with offerings ranging from homemade meatloaf to pasta dishes. It has approximately 36 restaurants in over 10 states. In addition, it also operates a centralized beer production facility in Ellsworth, Iowa which facilitates the initial stages of its brewing process.
Executives
Lou Mucci director 16161 BEACH BLVD, STE 100, HUNTINGTON BEACH CA 92647
Peter Hausback officer: Chief Financial Officer 201 W NORTH RIVER DR, STE 100, SPOKANE WA 99201
Whitebox Advisors Llc 10 percent owner 3033 EXCELSIOR BLVD., SUITE 500, MINNEAPOLIS MN 55416
Gary S Kohler 10 percent owner 5000 W 36TH STREET, SUITE 115, MINNEAPOLIS MN 55416
Whitebox Intermarket Partners Lp 10 percent owner 3033 EXCELSIOR BLVD, SUITE 300, MINNEAPOLIS MN 55416
Whitebox Intermarket Advisors, Llc 10 percent owner 3033 EXCELSIOR BOULEVARD, SUITE 300, MINNEAPOLIS MN 55416
Whitebox Intermarket Fund Lp 10 percent owner 3033 EXCELSIOR BLVD, SUITE 300, MINNEAPOLIS MN 55416
Whitebox Intermarket Fund, Ltd. 10 percent owner TRIDENT TRUST COMPANY (BVI) LIMITED, TRIDENT CHMBRS WATERFRONT DR WICKHAM CAY, ROAD TOWN, TORTOLA D8 00000

Granite City Food & Brewery (Granite City Food & Brewery) Headlines

From GuruFocus

Granite City Food & Brewery Ltd (GCFB) Chairman of the Board Joel Curtis Longtin buys 4,700 Shares

By GuruFocus Research GuruFocus Editor • 09-02-2010

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By GuruFocus Research GuruFocus Editor • 09-02-2010

Granite City Food & Brewery Ltd. Announces Chapter 11 Filing to Facilitate Structured Sale Process

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