ADFS (American Defense Systems) Total Current Liabilities: $2.56 Mil (As of Sep. 2012)


What is American Defense Systems Total Current Liabilities?

American Defense Systems ADFS Total Current Liabilities is $2.56 Mil as of Sep. 2012.

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. American Defense Systems's total current liabilities for the quarter that ended in Sep. 2012 was $2.56

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

American Defense Systems Total Current Liabilities Related Terms

American Defense Systems Total Current Liabilities Historical Data

* Premium members only.

The historical data trend for American Defense Systems'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.

American Defense Systems Total Current Liabilities Chart

American Defense Systems Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11
Total Current Liabilities
Get a 7-Day Free Trial 10.18 15.12 7.28 19.32 3.35

American Defense Systems Quarterly Data
Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12
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 3.41 3.35 2.71 2.98 2.56

American Defense Systems Total Current Liabilities Calculation

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

American Defense Systems's Total Current Liabilities for the fiscal year that ended in Dec. 2011 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=3.348+0
+Other Current Liabilities+Current Deferred Liabilities
=4.4408920985006E-16+0.002
=3.35

American Defense Systems's Total Current Liabilities for the quarter that ended in Sep. 2012 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=2.555+0
+Other Current Liabilities+Current Deferred Liabilities
=0+0.002
=2.56

* 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 $2.56 Mil mean?
American Defense Systems (ADFS) has a Total Current Liabilities of $2.56 Mil as of Sep. 2012. The total amount of liabilities with maturity less than one year as recorded on a company's balance sheet. View historical data for American Defense Systems and its competitors.
Is American Defense Systems' Total Current Liabilities too high?
American Defense Systems' current Total Current Liabilities is $2.56 Mil.
How does American Defense Systems' Total Current Liabilities compare to ASDN and MKRS?
American Defense Systems' Total Current Liabilities of $2.56 Mil can be compared against companies in the Aerospace & Defense 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 an Aerospace & Defense company?
A good Total Current Liabilities depends on the Aerospace & Defense 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 American Defense Systems and its competitors. American Defense Systems's current Total Current Liabilities is $2.56 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is American Defense Systems stock overvalued right now?
American Defense Systems (ADFS) has a current Total Current Liabilities of $2.56 Mil. The current Total Current Liabilities is $2.56 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 American Defense Systems (ADFS), the current Total Current Liabilities is $2.56 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.

American Defense Systems Business Description

Address 3440 Toringdon way, suite 205, Room 218, Charlotte, NC, USA, 28277
American Defense Systems Inc is a defense and security products company engaged in three business areas: customized transparent and opaque armor solutions; architectural hardening and perimeter defense and tactical training products and services. It serves US government agencies, general contractors and other commercial and private entities operating in high-threat locations.