CTBG (Coil Tubing Technology) Total Current Liabilities: $0.48 Mil (As of Sep. 2015)


What is Coil Tubing Technology Total Current Liabilities?

Coil Tubing Technology CTBG Total Current Liabilities is $0.48 Mil as of Sep. 2015.

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. Coil Tubing Technology's total current liabilities for the quarter that ended in Sep. 2015 was $0.48

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Aggressive banks (like Bank of America) has $2.09 short term for every dollar long term

Coil Tubing Technology Total Current Liabilities Related Terms

Coil Tubing Technology Total Current Liabilities Historical Data

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The historical data trend for Coil Tubing Technology'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.

Coil Tubing Technology Total Current Liabilities Chart

Coil Tubing Technology Annual Data
Trend Dec11 Dec12 Dec13 Dec14
Total Current Liabilities
1.65 0.68 0.69 0.77

Coil Tubing Technology Quarterly Data
Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15
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 0.94 0.77 0.75 0.49 0.48

Coil Tubing Technology Total Current Liabilities Calculation

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

Coil Tubing Technology's Total Current Liabilities for the fiscal year that ended in Dec. 2014 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=0.578+0.19
+Other Current Liabilities+Current Deferred Liabilities
=0+0
=0.77

Coil Tubing Technology's Total Current Liabilities for the quarter that ended in Sep. 2015 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=0.353+0.131
+Other Current Liabilities+Current Deferred Liabilities
=0+0
=0.48

* 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 $0.48 Mil mean?
Coil Tubing Technology (CTBG) has a Total Current Liabilities of $0.48 Mil as of Sep. 2015. The total amount of liabilities with maturity less than one year as recorded on a company's balance sheet. View historical data for Coil Tubing Technology and its competitors.
Is Coil Tubing Technology's Total Current Liabilities too high?
Coil Tubing Technology's current Total Current Liabilities is $0.48 Mil.
How does Coil Tubing Technology's Total Current Liabilities compare to ESES and BMMCF?
Coil Tubing Technology's Total Current Liabilities of $0.48 Mil can be compared against companies in the Oil & Gas 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 an Oil & Gas company?
A good Total Current Liabilities depends on the Oil & Gas 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 Coil Tubing Technology and its competitors. Coil Tubing Technology's current Total Current Liabilities is $0.48 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Coil Tubing Technology stock overvalued right now?
Coil Tubing Technology (CTBG) has a current Total Current Liabilities of $0.48 Mil. The current Total Current Liabilities is $0.48 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 Coil Tubing Technology (CTBG), the current Total Current Liabilities is $0.48 Mil as of Sep. 2015. 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.

Coil Tubing Technology Business Description

Industry EnergyOil & Gas
Address 11237 Crown Park Drive, Suite D, Houston, TX, USA, 77067
Coil Tubing Technology Inc is a United States based company. The firm provides coil tubing products and service solutions to oil and gas clients. It is engaged in the development and marketing of specialty tools and related technical solutions used with coil tubing and jointed pipe in the bottomhole assembly for the exploration and production of hydrocarbons. Its products portfolio includes jet hammer tool, jet nozzle, oscillator, rotating tool, amplidyne, and ampli-max.