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China Runji Cement (China Runji Cement) Total Current Liabilities : $46.65 Mil (As of Feb. 2011)


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What is China Runji Cement Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. China Runji Cement's total current liabilities for the quarter that ended in Feb. 2011 was $46.65


China Runji Cement Total Current Liabilities Historical Data

The historical data trend for China Runji Cement'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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China Runji Cement Total Current Liabilities Chart

China Runji Cement Annual Data
Trend Jan06 Jan07 Aug08 Aug09 Aug10
Total Current Liabilities
0.01 0.03 18.45 52.30 49.73

China Runji Cement Quarterly Data
Apr06 Jul06 Oct06 Jan07 Apr07 Jul07 Oct07 Feb08 May08 Aug08 Nov08 Feb09 May09 Aug09 Nov09 Feb10 May10 Aug10 Nov10 Feb11
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 54.02 54.75 49.73 55.34 46.65

China Runji Cement Total Current Liabilities Calculation

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

China Runji Cement's Total Current Liabilities for the fiscal year that ended in Aug. 2010 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=35.402+14.331
+Other Current Liabilities+Current Deferred Liabilities
=-7.105427357601E-15+0
=49.73

China Runji Cement's Total Current Liabilities for the quarter that ended in Feb. 2011 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=31.153+15.491
+Other Current Liabilities+Current Deferred Liabilities
=0.0010000000000048+0
=46.65

* 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


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China Runji Cement (China Runji Cement) Business Description

Traded in Other Exchanges
N/A
Address
Xianzong town, Hanshan county, Chaohu, Anhui, CHN
Website
China Runji Cement Inc through its subsidiary is engaged in the production and sale of cement in mainland China.

China Runji Cement (China Runji Cement) Headlines

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