CVHL (CV Holdings) Total Current Liabilities: $31.2 Mil (As of Dec. 2008)


What is CV Holdings Total Current Liabilities?

CV Holdings CVHL Total Current Liabilities is $31.2 Mil as of Dec. 2008.

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. CV Holdings's total current liabilities for the quarter that ended in Dec. 2008 was $31.2

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

CV Holdings Total Current Liabilities Related Terms

CV Holdings Total Current Liabilities Historical Data

* Premium members only.

The historical data trend for CV 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.

CV Holdings Total Current Liabilities Chart

CV Holdings Annual Data
Trend Dec05 Dec06 Dec07 Dec08
Total Current Liabilities
4.12 63.46 37.23 31.16

CV Holdings Quarterly Data
Sep05 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08
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 37.23 90.33 66.76 66.87 31.16

CV 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.

CV Holdings's Total Current Liabilities for the fiscal year that ended in Dec. 2008 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=11.957+19.199
+Other Current Liabilities+Current Deferred Liabilities
=-3.5527136788005E-15+0
=31.2

CV Holdings's Total Current Liabilities for the quarter that ended in Dec. 2008 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=11.957+19.199
+Other Current Liabilities+Current Deferred Liabilities
=-3.5527136788005E-15+0
=31.2

* 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 $31.2 Mil mean?
CV Holdings (CVHL) has a Total Current Liabilities of $31.2 Mil as of Dec. 2008. The total amount of liabilities with maturity less than one year as recorded on a company's balance sheet. View historical data for CV Holdings and its competitors.
Is CV Holdings' Total Current Liabilities too high?
CV Holdings' current Total Current Liabilities is $31.2 Mil.
How does CV Holdings' Total Current Liabilities compare to ACMC and BMNM?
CV Holdings' Total Current Liabilities of $31.2 Mil can be compared against companies in the Credit Services 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 a Credit Services company?
A good Total Current Liabilities depends on the Credit Services 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 CV Holdings and its competitors. CV Holdings's current Total Current Liabilities is $31.2 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CV Holdings stock overvalued right now?
CV Holdings (CVHL) has a current Total Current Liabilities of $31.2 Mil. The current Total Current Liabilities is $31.2 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 CV Holdings (CVHL), the current Total Current Liabilities is $31.2 Mil as of Dec. 2008. 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.

CV Holdings Business Description

Address 1300 Quail Street, Suite 106, Newport Beach, CA, USA, 92660
CV Holdings Inc operates as a holding company for finance-related businesses. The company, through its wholly-owned or controlled subsidiaries, holds several types of investment assets, including contracts receivable, and investments in a joint venture and limited liability company. Its primary business is focused on commercial small ticket equipment leases or finance contracts nationwide across various industries where originations utilize a broker- and vendor based model.