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S & B Industrial Minerals (ATH:ARBA) Total Current Liabilities : €143.3 Mil (As of Sep. 2012)


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What is S & B Industrial Minerals Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. S & B Industrial Minerals's total current liabilities for the quarter that ended in Sep. 2012 was €143.3


S & B Industrial Minerals Total Current Liabilities Historical Data

The historical data trend for S & B Industrial Minerals'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.

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S & B Industrial Minerals Total Current Liabilities Chart

S & B Industrial Minerals Annual Data
Trend Dec02 Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11
Total Current Liabilities
Get a 7-Day Free Trial Premium Member Only Premium Member Only 102.16 144.11 72.68 108.07 204.16

S & B Industrial Minerals Quarterly Data
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 188.38 204.16 209.56 141.88 143.33

S & B Industrial Minerals Total Current Liabilities Calculation

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

S & B Industrial Minerals'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
=48.856+111.279
+Other Current Liabilities+Current Deferred Liabilities
=44.02+0
=204.2

S & B Industrial Minerals'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
=53.884+45.479
+Other Current Liabilities+Current Deferred Liabilities
=43.965+0
=143.3

* 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


S & B Industrial Minerals Total Current Liabilities Related Terms

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S & B Industrial Minerals (ATH:ARBA) Business Description

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