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Wowjoint Holdings (Wowjoint Holdings) Total Current Liabilities : $30.73 Mil (As of Dec. 2013)


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What is Wowjoint Holdings Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. Wowjoint Holdings's total current liabilities for the quarter that ended in Dec. 2013 was $30.73


Wowjoint Holdings Total Current Liabilities Historical Data

The historical data trend for Wowjoint Holdings'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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Wowjoint Holdings Total Current Liabilities Chart

Wowjoint Holdings Annual Data
Trend Dec08 Dec10 Dec11 Dec12 Dec13
Total Current Liabilities
1.41 17.20 26.49 20.47 30.73

Wowjoint Holdings Quarterly Data
May08 Dec08 Jun09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Dec12 Jun13 Dec13
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 23.69 25.80 20.47 29.30 30.73

Wowjoint Holdings Total Current Liabilities Calculation

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

Wowjoint Holdings's Total Current Liabilities for the fiscal year that ended in Dec. 2013 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=21.475+6.383
+Other Current Liabilities+Current Deferred Liabilities
=-0.0010000000000012+2.87
=30.73

Wowjoint Holdings's Total Current Liabilities for the quarter that ended in Dec. 2013 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=21.475+6.383
+Other Current Liabilities+Current Deferred Liabilities
=-0.0010000000000012+2.87
=30.73

* 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


Wowjoint Holdings Total Current Liabilities Related Terms

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Wowjoint Holdings (Wowjoint Holdings) Business Description

Traded in Other Exchanges
N/A
Address
No. 2 Xinfeng Road, Deshemengwai Street, 1108 A Block Tiancheng Mansion, Xicheng District, Beijing, CHN, 100088
Wowjoint Holdings Ltd provides infrastructure solutions for customized heavy duty lifting and carrying machinery used in large-scale projects. The company operates under the manufacture and marketing of non-standard heavy lifting and carrying equipment in China. The equipment and machinery are used in various engineering fields, such as bridge, road and railway construction, as well as in areas of heavy capacity lifting and transporting of concrete beams, boats, and shipping containers. Geographically all the operations are functioned through the region of China.

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