MJWL (Majic Wheels) Long-Term Debt: $0.16 Mil (As of Sep. 2012)

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What is Majic Wheels Long-Term Debt?

Majic Wheels MJWL -99.00% Long-Term Debt is $0.16 Mil as of Sep. 2012.

Majic Wheels's Long-Term Debt for the quarter that ended in Sep. 2012 was $0.16 Mil.

Majic Wheels's quarterly Long-Term Debt increased from Dec. 2011 ($0.00 Mil) to Jun. 2012 ($1.02 Mil) but then declined from Jun. 2012 ($1.02 Mil) to Sep. 2012 ($0.16 Mil).

Majic Wheels's annual Long-Term Debt increased from Dec. 2009 ($0.00 Mil) to Dec. 2010 ($0.01 Mil) but then declined from Dec. 2010 ($0.01 Mil) to Dec. 2011 ($0.00 Mil).

Majic Wheels  (OTCPK:MJWL) Long-Term Debt Explanation

Long-Term Debt is the sum of the carrying values as of the balance sheet date of all long-term debt, which is debt initially having maturities due after one year or beyond the operating cycle, if longer, but excluding the portions thereof scheduled to be repaid within one year or the normal operating cycle, if longer. Long-Term Debt includes notes payable, bonds payable, mortgage loans, convertible debt, subordinated debt and other types of long term debt.

Majic Wheels Long-Term Debt Related Terms

Majic Wheels Long-Term Debt Historical Data

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The historical data trend for Majic Wheels's Long-Term Debt 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.

Majic Wheels Long-Term Debt Chart

Majic Wheels Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11
Long-Term Debt
0.00 0.00 0.00 0.01 0.00

Majic Wheels Quarterly Data
Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Jun12 Sep12
Long-Term Debt 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 0.01 0.00 0.00 1.02 0.16
Frequently Asked Questions Learn more about Long-Term Debt →
What does a Long-Term Debt of $0.16 Mil mean?
Majic Wheels (MJWL) has a Long-Term Debt of $0.16 Mil as of Sep. 2012.
Is Majic Wheels' Long-Term Debt too high?
Majic Wheels' current Long-Term Debt is $0.16 Mil.
How does Majic Wheels' Long-Term Debt compare to HGGGQ and EFTB?
Majic Wheels' Long-Term Debt of $0.16 Mil can be compared against companies in the Waste Management industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Long-Term Debt for a Waste Management company?
A good Long-Term Debt depends on the Waste Management industry context. However, Long-Term Debt should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Long-Term Debt mean?
A high Long-Term Debt can signal that a stock is expensive relative to its fundamentals. Majic Wheels's current Long-Term Debt is $0.16 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Majic Wheels stock overvalued right now?
Majic Wheels (MJWL) has a current Long-Term Debt of $0.16 Mil. The current Long-Term Debt is $0.16 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Long-Term Debt calculated?
Long-Term Debt is calculated from a company's financial statements. For Majic Wheels (MJWL), the current Long-Term Debt is $0.16 Mil as of Sep. 2012. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Majic Wheels Business Description

Address 2401 Fountain View Drive, Suite 312, Houston, TX, USA, 77057
Majic Wheels Corp is engaged in waste management business engaged in junk removal, trash hauling, recycling, commercial and residential construction clean-up and demolition business.