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Cal Bay International (Cal Bay International) Total Current Liabilities : $1.90 Mil (As of Sep. 2006)


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What is Cal Bay International Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. Cal Bay International's total current liabilities for the quarter that ended in Sep. 2006 was $1.90

Cal Bay International Total Current Liabilities Historical Data

The historical data trend for Cal Bay International'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.

* Premium members only.

Cal Bay International Total Current Liabilities Chart

Cal Bay International Annual Data
Trend Dec01 Dec02 Dec03 Dec04 Dec05
Total Current Liabilities
0.04 0.02 0.07 0.04 1.90

Cal Bay International Quarterly Data
Dec01 Mar02 Jun02 Sep02 Dec02 Mar03 Jun03 Sep03 Dec03 Mar04 Jun04 Sep04 Dec04 Mar05 Jun05 Sep05 Dec05 Mar06 Jun06 Sep06
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 1.90 1.90 2.47 7.76 1.90

Cal Bay International Total Current Liabilities Calculation

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

Cal Bay International's Total Current Liabilities for the fiscal year that ended in Dec. 2005 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=0.005+0.34
+Other Current Liabilities+Current Deferred Liabilities
=1.55+0
=1.90

Cal Bay International's Total Current Liabilities for the quarter that ended in Sep. 2006 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=0.005+0.34
+Other Current Liabilities+Current Deferred Liabilities
=1.55+0
=1.90

* 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

Cal Bay International Total Current Liabilities Related Terms

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Cal Bay International (Cal Bay International) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Cal Bay International Inc (OTCPK:CBYI) » Definitions » Total Current Liabilities
Comparable Companies
PPCQ RSRT IDVV DHCC OMAG FHRT PGUS MTEHF TNSGF GRWC KDUS TFCCF IOT SFEF VINO PRSI IIPR BTLN KANP HGSH
Traded in Other Exchanges
N/A
Address
1887 Whitney Mesa Drive, No. 2127, Henderson, NV, USA, 89014
Website
https://www.cbyintl.com
Cal Bay International Inc acquired a Financial, merchant card processing system, CB Green Card, that allows the legal payment to the dispensary by patients using the CB Green card for purchases within the dispensaries. The majority of the transactions are on a cash only basis. The company's merchant processing system allows for the registered dispensaries to be able to accept and process the patients CB Green card and have the proceeds deposited to their financial institution, creating an alternative to holding large amounts of non depositable cash to the banks and at the same time creating a verifiable transaction of sales for state and Federal tax collection agencies. The company has also developed a formula specifically designed for enhancing the growth of marijuana plants.