Switch to:
TSR Inc  (NAS:TSRI) Total Current Liabilities: $5.19 Mil (As of Aug. 2017)

Total current liabilities includes Accounts Payable & Accrued Expense, Current Portion of Long-Term Debt, Other Current Liabilities, and Current Deferred Liabilities. TSR Inc's total current liabilities for the quarter that ended in Aug. 2017 was $5.19


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

* Premium members only.

TSR Inc Annual Data

May08 May09 May10 May11 May12 May13 May14 May15 May16 May17
Total Current Liabilities Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.69 4.64 4.95 4.62 6.78

TSR Inc Quarterly Data

Nov12 Feb13 May13 Aug13 Nov13 Feb14 May14 Aug14 Nov14 Feb15 May15 Aug15 Nov15 Feb16 May16 Aug16 Nov16 Feb17 May17 Aug17
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 4.68 4.12 3.89 6.78 5.19

Calculation

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

TSR Inc's Total Current Liabilities for the fiscal year that ended in May. 2017 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Current Portion of Long-Term Debt
=5.445+0
+Other Current Liabilities+Current Deferred Liabilities
=-4.4408920985E-16+1.331
=6.78

TSR Inc's Total Current Liabilities for the quarter that ended in Aug. 2017 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Current Portion of Long-Term Debt
=4.018+0
+Other Current Liabilities+Current Deferred Liabilities
=4.4408920985E-16+1.174
=5.19

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's 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 Working Capital and the Current Ratio. 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.

Total Current Liabilities is also linked to Working Capital, 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


Related Terms


Headlines

No Headline

Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)

GF Chat

{{numOfNotice}}
FEEDBACK