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BioCube (BioCube) Total Current Liabilities : $1.56 Mil (As of Jul. 2013)


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What is BioCube Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. BioCube's total current liabilities for the quarter that ended in Jul. 2013 was $1.56


BioCube Total Current Liabilities Historical Data

The historical data trend for BioCube'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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BioCube Total Current Liabilities Chart

BioCube Annual Data
Trend Jun06 Jun07 Jan08 Jan09 Jan11 Jan12 Jan13
Total Current Liabilities
Get a 7-Day Free Trial 2.49 4.03 0.57 0.69 1.19

BioCube Quarterly Data
Apr08 Jul08 Oct08 Jan09 Apr09 Oct09 Apr10 Jul10 Oct10 Jan11 Apr11 Jul11 Oct11 Jan12 Apr12 Jul12 Oct12 Jan13 Apr13 Jul13
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 1.09 1.14 1.19 1.48 1.56

BioCube Total Current Liabilities Calculation

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

BioCube's Total Current Liabilities for the fiscal year that ended in Jan. 2013 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=0.12+0.839
+Other Current Liabilities+Current Deferred Liabilities
=0.23+0
=1.19

BioCube's Total Current Liabilities for the quarter that ended in Jul. 2013 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=0.174+1.033
+Other Current Liabilities+Current Deferred Liabilities
=0.357+0
=1.56

* 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.


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


BioCube Total Current Liabilities Related Terms

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BioCube (BioCube) Business Description

Traded in Other Exchanges
N/A
Address
3060 West 3680 South, Suite 92, West Valley, UT, USA, 84119
BioCube Inc is a shell company.
Executives
Jan E Chason director 120 WALL STREET, SUITE 2401, NEW YORK NY 10005
Jonathan Gilbert director 36 SYCAMORE LANE, ROSALYN HEIGHTS NY 11577
Gregory D Cohen director, officer: Chief Executive Officer 336 WEST 37TH STREET, 8TH FLOOR, NEW YORK NY 10019

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