ABMT (Advanced BioMedical Technologies) Total Current Liabilities: $8.58 Mil (As of Jul. 2021)


What is Advanced BioMedical Technologies Total Current Liabilities?

Advanced BioMedical Technologies ABMT Total Current Liabilities is $8.58 Mil as of Jul. 2021.

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. Advanced BioMedical Technologies's total current liabilities for the quarter that ended in Jul. 2021 was $8.58

Be Aware

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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

Advanced BioMedical Technologies Total Current Liabilities Related Terms

Advanced BioMedical Technologies Total Current Liabilities Historical Data

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The historical data trend for Advanced BioMedical Technologies'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.

Advanced BioMedical Technologies Total Current Liabilities Chart

Advanced BioMedical Technologies Annual Data
Trend Oct11 Oct12 Oct13 Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20
Total Current Liabilities
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.46 5.08 5.76 6.70 7.86

Advanced BioMedical Technologies Quarterly Data
Oct16 Jan17 Apr17 Jul17 Oct17 Jan18 Apr18 Jul18 Oct18 Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21
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 7.27 7.86 8.16 8.35 8.58

Advanced BioMedical Technologies Total Current Liabilities Calculation

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

Advanced BioMedical Technologies's Total Current Liabilities for the fiscal year that ended in Oct. 2020 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=6.493+0.028
+Other Current Liabilities+Current Deferred Liabilities
=0+1.343
=7.86

Advanced BioMedical Technologies's Total Current Liabilities for the quarter that ended in Jul. 2021 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=8.568+0.011
+Other Current Liabilities+Current Deferred Liabilities
=1.7763568394003E-15+0
=8.58

* 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.

What does a Total Current Liabilities of $8.58 Mil mean?
Advanced BioMedical Technologies (ABMT) has a Total Current Liabilities of $8.58 Mil as of Jul. 2021. The total amount of liabilities with maturity less than one year as recorded on a company's balance sheet. View historical data for Advanced BioMedical Technologies and its competitors.
Is Advanced BioMedical Technologies' Total Current Liabilities too high?
Advanced BioMedical Technologies' current Total Current Liabilities is $8.58 Mil.
How does Advanced BioMedical Technologies' Total Current Liabilities compare to VYCO and ADMT?
Advanced BioMedical Technologies' Total Current Liabilities of $8.58 Mil can be compared against companies in the Medical Devices & Instruments industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Current Liabilities for a Medical Devices & Instruments company?
A good Total Current Liabilities depends on the Medical Devices & Instruments industry context. However, Total Current Liabilities 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 Total Current Liabilities mean?
A high Total Current Liabilities can signal that a stock is expensive relative to its fundamentals. The total amount of liabilities with maturity less than one year as recorded on a company's balance sheet. View historical data for Advanced BioMedical Technologies and its competitors. Advanced BioMedical Technologies's current Total Current Liabilities is $8.58 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Advanced BioMedical Technologies stock overvalued right now?
Advanced BioMedical Technologies (ABMT) has a current Total Current Liabilities of $8.58 Mil. The current Total Current Liabilities is $8.58 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Current Liabilities calculated?
Total Current Liabilities is calculated from a company's financial statements. For Advanced BioMedical Technologies (ABMT), the current Total Current Liabilities is $8.58 Mil as of Jul. 2021. 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.

Advanced BioMedical Technologies Business Description

Address 535 Fifth Avenue, 4th Floor, New York, NY, USA, 10017
Advanced BioMedical Technologies Inc is engaged in designing, developing, manufacturing, and the planned future marketing of self-reinforced, re-absorbable, biodegradable internal fixation devices. The company manufactures its products using Polyamide, and it is used in a variety of applications, which include orthopaedic trauma, sports-related medical treatment, cartilage injuries, and reconstructive dental procedures. Its Polyamide products include screws, rods, and binding wires consisting of enhanced fibres and high molecular polymers, which are designed to facilitate quick healing of complex fractures in many areas of the human skeletal system.