Covista Communications (Covista Communications) Total Current Liabilities : $10.83 Mil (As of Apr. 2005)

Covista Communications Total Current Liabilities Chart

Covista Communications Annual Data
	Trend	Jan96	Jan97	Jan98	Jan99	Jan00	Jan01	Jan02	Jan03	Jan04	Jan05
Total Current Liabilities		Get a 7-Day Free Trial					32.71	25.27	29.32	21.29	13.72

Covista Communications Quarterly Data
	Jul00	Oct00	Jan01	Apr01	Jul01	Oct01	Jan02	Apr02	Jul02	Oct02	Jan03	Apr03	Jul03	Oct03	Jan04	Apr04	Jul04	Oct04	Jan05	Apr05
Total Current Liabilities	Get a 7-Day Free Trial															21.76	20.89	15.38	13.72	10.83

Covista Communications Total Current Liabilities Calculation

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

Covista Communications's Total Current Liabilities for the fiscal year that ended in Jan. 2005 is calculated as

Covista Communications's Total Current Liabilities for the quarter that ended in Apr. 2005 is calculated as

* 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

Covista Communications Total Current Liabilities Related Terms

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Covista Communications (Covista Communications) Business Description