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Grupo ModeloB de CV (Grupo ModeloB de CV) Total Current Liabilities : $2,129.7 Mil (As of Jun. 2015)


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What is Grupo ModeloB de CV Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. Grupo ModeloB de CV's total current liabilities for the quarter that ended in Jun. 2015 was $2,129.7


Grupo ModeloB de CV Total Current Liabilities Historical Data

The historical data trend for Grupo ModeloB de CV'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.

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Grupo ModeloB de CV Total Current Liabilities Chart

Grupo ModeloB de CV Annual Data
Trend Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14
Total Current Liabilities
Get a 7-Day Free Trial Premium Member Only Premium Member Only 880.56 826.55 851.12 1,838.18 2,463.48

Grupo ModeloB de CV Quarterly Data
Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15
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 1,432.76 1,947.63 2,463.48 2,068.12 2,129.70

Grupo ModeloB de CV Total Current Liabilities Calculation

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

Grupo ModeloB de CV's Total Current Liabilities for the fiscal year that ended in Dec. 2014 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=2361.963+0
+Other Current Liabilities+Current Deferred Liabilities
=101.517+0
=2,463.5

Grupo ModeloB de CV's Total Current Liabilities for the quarter that ended in Jun. 2015 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=1874.523+9.227
+Other Current Liabilities+Current Deferred Liabilities
=245.952+0
=2,129.7

* 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


Grupo ModeloB de CV Total Current Liabilities Related Terms

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Grupo ModeloB de CV (Grupo ModeloB de CV) Business Description

Traded in Other Exchanges
N/A
Address
Javier Barris Sierra No. 555, Col. Zedec Santa Fe, Mexico DF, MEX, 01210
Grupo Modelo SAB de CV is engaged in production, distribution, and marketing of beer. The company brews and distributes brands, including Corona Extra, Modelo Especial, Victoria, Pacífico and Negra Modelo. It exports eight brands and has a presence in more than 180 countries. The global portfolio includes Budweiser, Bud Light, Bud Light Platinum, Bud Light Ritas, Stella Artois, Michelob Ultra and O'Doul's non-alcoholic beer, produced by Anheuser-Busch InBev. Through a strategic alliance with Nestlé Waters, it distributes the brands of bottled water Sta. María and Nestlé Pureza Vital in Mexico.

Grupo ModeloB de CV (Grupo ModeloB de CV) Headlines

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