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Santa Fe Petroleum (Santa Fe Petroleum) Total Current Liabilities : $1.40 Mil (As of Sep. 2013)


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What is Santa Fe Petroleum Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. Santa Fe Petroleum's total current liabilities for the quarter that ended in Sep. 2013 was $1.40


Santa Fe Petroleum Total Current Liabilities Historical Data

The historical data trend for Santa Fe Petroleum'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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Santa Fe Petroleum Total Current Liabilities Chart

Santa Fe Petroleum Annual Data
Trend Dec10 Dec11 Dec12
Total Current Liabilities
0.03 0.06 1.14

Santa Fe Petroleum Quarterly Data
Dec10 Mar11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13
Total Current Liabilities Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 1.32 1.14 1.23 1.32 1.40

Santa Fe Petroleum Total Current Liabilities Calculation

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

Santa Fe Petroleum's Total Current Liabilities for the fiscal year that ended in Dec. 2012 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=0.863+0
+Other Current Liabilities+Current Deferred Liabilities
=0.278+0
=1.14

Santa Fe Petroleum's Total Current Liabilities for the quarter that ended in Sep. 2013 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=1.035+0
+Other Current Liabilities+Current Deferred Liabilities
=0.367+0
=1.40

* 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


Santa Fe Petroleum Total Current Liabilities Related Terms

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Santa Fe Petroleum (Santa Fe Petroleum) Business Description

Traded in Other Exchanges
N/A
Address
1333 West McDermott Drive, Suite 200, Allen, TX, USA, 75013
Santa Fe Petroleum Inc is a United States based development stage oil and gas company. It produces, develops and explores oil and natural gas.
Executives
Bruce Arthur Hall director, officer: CEO, CFO 836 BLUE JAY LANE, COPPELL TX 75019

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