GURUFOCUS.COM » STOCK LIST » Technology » Software » APT Systems Inc (OTCPK:APTY) » Definitions » Total Current Liabilities

APT Systems (APT Systems) Total Current Liabilities : $1.63 Mil (As of Oct. 2018)


View and export this data going back to 2014. Start your Free Trial

What is APT Systems Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. APT Systems's total current liabilities for the quarter that ended in Oct. 2018 was $1.63

APT Systems Total Current Liabilities Historical Data

The historical data trend for APT 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.

* Premium members only.

APT Systems Total Current Liabilities Chart

APT Systems Annual Data
Trend Jan12 Jan13 Jan14 Jan15 Jan16 Jan17 Jan18
Total Current Liabilities
Get a 7-Day Free Trial 0.10 0.19 0.32 0.50 0.72

APT Systems Quarterly Data
Jan14 Apr14 Jul14 Oct14 Jan15 Apr15 Jul15 Oct15 Jan16 Apr16 Jul16 Oct16 Jan17 Apr17 Jul17 Oct17 Jan18 Apr18 Jul18 Oct18
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 0.66 0.72 0.89 1.69 1.63

APT 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.

APT Systems's Total Current Liabilities for the fiscal year that ended in Jan. 2018 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=0.157+0.33
+Other Current Liabilities+Current Deferred Liabilities
=0.231+0
=0.72

APT Systems's Total Current Liabilities for the quarter that ended in Oct. 2018 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=0.498+0.527
+Other Current Liabilities+Current Deferred Liabilities
=0.601+0
=1.63

* 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

APT Systems Total Current Liabilities Related Terms

Thank you for viewing the detailed overview of APT Systems's Total Current Liabilities provided by GuruFocus.com. Please click on the following links to see related term pages.

APT Systems (APT Systems) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » APT Systems Inc (OTCPK:APTY) » Definitions » Total Current Liabilities
Comparable Companies
TSXV:IVI CLIS XSAT:MENU B BOM:539570 LSE:MOS AVOI BOM:531489 WAR:MGA ISGN WAR:IMG BOM:539843 BOM:534659 KLMK BOM:531525 TSXV:REW WAR:ACR TSXV:NPA TSXV:LOOP ASX:SVT BOM:512279
Traded in Other Exchanges
N/A
Address
505 Montgomery Street, 11th Floor, San Francisco, CA, USA, 94111
Website
https://www.aptsystemsinc.com
APT Systems Inc operates as a Fintech company to engage in the creation of innovative financial platforms, and financial apps and imagining new visual solutions for charting the financial markets. The company has studied and participated in Know Your Customer and Anti-Money Laundering data managing techniques used by large financial institutions to create risk management reports and validate identity claims for persons accessing financial applications. The company is also developing credentials for verifying and reporting on an accredited investor's status.