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Fundo de Recuperacao Economica do Estado do Espiritonto (BSP:FRES11) Total Current Liabilities : R$0 Mil (As of Dec. 2011)


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What is Fundo de Recuperacao Economica do Estado do Espiritonto Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. Fundo de Recuperacao Economica do Estado do Espiritonto's total current liabilities for the quarter that ended in Dec. 2011 was R$0


Fundo de Recuperacao Economica do Estado do Espiritonto Total Current Liabilities Historical Data

The historical data trend for Fundo de Recuperacao Economica do Estado do Espiritonto'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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Fundo de Recuperacao Economica do Estado do Espiritonto Total Current Liabilities Chart

Fundo de Recuperacao Economica do Estado do Espiritonto Annual Data
Trend Dec09 Dec10 Dec11
Total Current Liabilities
0.26 0.26 0.26

Fundo de Recuperacao Economica do Estado do Espiritonto Semi-Annual Data
Dec09 Dec10 Dec11
Total Current Liabilities 0.26 0.26 0.26

Fundo de Recuperacao Economica do Estado do Espiritonto Total Current Liabilities Calculation

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

Fundo de Recuperacao Economica do Estado do Espiritonto'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
=0+0
+Other Current Liabilities+Current Deferred Liabilities
=0.259+0
=0

Fundo de Recuperacao Economica do Estado do Espiritonto's Total Current Liabilities for the quarter that ended in Dec. 2011 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=0+0
+Other Current Liabilities+Current Deferred Liabilities
=0.259+0
=0

* 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


Fundo de Recuperacao Economica do Estado do Espiritonto Total Current Liabilities Related Terms

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Fundo de Recuperacao Economica do Estado do Espiritonto (BSP:FRES11) Business Description

Traded in Other Exchanges
N/A
Address
R. Alberto Oliveira Santos, 42 - Sala 1.506, Vitoria, ES, BRA, 29010901
Fundo de Recuperacao Economica do Estado do Espirito Santo is an open-end pension fund that collect GST and income tax based on taxable income.

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