AAP (AAPJ) Total Current Liabilities : $0.39 Mil (As of Sep. 2000)

AAP Total Current Liabilities Chart

AAP Quarterly Data
	Sep95	Dec95	Mar96	Jun96	Sep96	Dec96	Mar97	Jun97	Sep97	Dec97	Mar98	Jun98	Sep98	Dec98	Mar99	Jun99	Sep99	Mar00	Jun00	Sep00
Total Current Liabilities	Get a 7-Day Free Trial															0.80	-	0.39	0.37	0.39

AAP Total Current Liabilities Calculation

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

AAP's Total Current Liabilities for the fiscal year that ended in Dec. 2098 is calculated as

AAP's Total Current Liabilities for the quarter that ended in Sep. 2000 is calculated as

* 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

AAP Total Current Liabilities Related Terms

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AAP (AAPJ) Business Description