BANGI (BNGI) Total Current Liabilities: $0.29 Mil (As of Jul. 2016)


What is BANGI Total Current Liabilities?

BANGI BNGI -90.00% Total Current Liabilities is $0.29 Mil as of Jul. 2016.

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. BANGI's total current liabilities for the quarter that ended in Jul. 2016 was $0.29

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

BANGI Total Current Liabilities Related Terms

BANGI Total Current Liabilities Historical Data

* Premium members only.

The historical data trend for BANGI'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.

BANGI Total Current Liabilities Chart

BANGI Annual Data
Trend Jan05 Jan06 Jan07 Jan08 Jan09 Jan10 Jan11
Total Current Liabilities
Get a 7-Day Free Trial 0.31 0.04 0.09 0.22 0.70

BANGI Quarterly Data
Jan08 Apr08 Jul08 Oct08 Jan09 Apr09 Jul09 Oct09 Jan10 Apr10 Jul10 Oct10 Jan11 Apr11 Jul11 Oct11 Apr15 Jul15 Apr16 Jul16
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 0.96 0.00 0.00 0.30 0.29

BANGI Total Current Liabilities Calculation

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

BANGI's Total Current Liabilities for the fiscal year that ended in Jan. 2011 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=0.686+0.014
+Other Current Liabilities+Current Deferred Liabilities
=-0.0010000000000001+0
=0.70

BANGI's Total Current Liabilities for the quarter that ended in Jul. 2016 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=0.147+0.145
+Other Current Liabilities+Current Deferred Liabilities
=0+0
=0.29

* 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 $0.29 Mil mean?
BANGI (BNGI) has a Total Current Liabilities of $0.29 Mil as of Jul. 2016. The total amount of liabilities with maturity less than one year as recorded on a company's balance sheet. View historical data for BANGI and its competitors.
Is BANGI's Total Current Liabilities too high?
BANGI's current Total Current Liabilities is $0.29 Mil.
How does BANGI's Total Current Liabilities compare to HSTC and NTRR?
BANGI's Total Current Liabilities of $0.29 Mil can be compared against companies in the Real Estate 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 Real Estate company?
A good Total Current Liabilities depends on the Real Estate 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 BANGI and its competitors. BANGI's current Total Current Liabilities is $0.29 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BANGI stock overvalued right now?
BANGI (BNGI) has a current Total Current Liabilities of $0.29 Mil. The current Total Current Liabilities is $0.29 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 BANGI (BNGI), the current Total Current Liabilities is $0.29 Mil as of Jul. 2016. 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.

BANGI Business Description

Address 41000 Woodward Avenue, Suite 350, Bloomfield Hills, MI, USA, 48304
BANGI Inc is a diversified investment vehicle that acquires and leases real estate to the multi-billion dollar and growing cannabis industry.