EFLO Energy (EFLO Energy) Total Current Liabilities : $2.70 Mil (As of May. 2015)

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What is EFLO Energy Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. EFLO Energy's total current liabilities for the quarter that ended in May. 2015 was $2.70

EFLO Energy Total Current Liabilities Historical Data

The historical data trend for EFLO Energy'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.

EFLO Energy Total Current Liabilities Chart

EFLO Energy Annual Data

Trend Aug09 Aug10 Aug11 Aug12 Aug13 Aug14

Total Current Liabilities

Get a 7-Day Free Trial 0.07 0.45 1.56 3.20 7.73

EFLO Energy Quarterly Data

Aug10 Nov10 Feb11 May11 Aug11 Nov11 Feb12 May12 Aug12 Nov12 Feb13 May13 Aug13 Nov13 Feb14 May14 Aug14 Nov14 Feb15 May15

Total Current Liabilities Get a 7-Day Free Trial 6.03 7.73 6.52 5.17 2.70

EFLO Energy Total Current Liabilities Calculation

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

EFLO Energy's Total Current Liabilities for the fiscal year that ended in Aug. 2014 is calculated as

Total Current Liabilities = Accounts Payable & Accrued Expense + Short-Term Debt & Capital Lease Obligation

= 4.251 + 3.396

+ Other Current Liabilities + Current Deferred Liabilities

= 0.08 + 0

= 7.73

EFLO Energy's Total Current Liabilities for the quarter that ended in May. 2015 is calculated as

Total Current Liabilities = Accounts Payable & Accrued Expense + Short-Term Debt & Capital Lease Obligation

= 2.467 + 0.155

+ Other Current Liabilities + Current Deferred Liabilities

= 0.08 + 0

= 2.70

* 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

EFLO Energy Total Current Liabilities Related Terms
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EFLO Energy (EFLO Energy) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » EFLO Energy Inc (OTCPK:EFLO) » Definitions » Total Current Liabilities

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Traded in Other Exchanges

N/A

Address

Website

http://www.efloenergy.com

EFLO Energy Inc was incorporated in the State of Nevada on July 22, 2008. The Company is a development stage company. It is engaged in the acquisition, exploration and development of oil and gas properties in the United States and Canada.

Executives

Matthew J Anderson officer: CFO & Secretary 880 - 580 HORNBY STREET, VANCOUVER A1 V6C 3B6

Carlo Civelli 10 percent owner 111 SOMERSET ROAD, TRIPLE ONE SOMERSET 06-06, SINGAPORE U0 238164

Herbert T Schmidt director, officer: Chief Financial and Accounting 22840 DOLOROSA ST. WOODLANDS HILLS, CA 91367

EFLO Energy (EFLO Energy) Headlines

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EFLO Energy Quarterly Data
	Aug10	Nov10	Feb11	May11	Aug11	Nov11	Feb12	May12	Aug12	Nov12	Feb13	May13	Aug13	Nov13	Feb14	May14	Aug14	Nov14	Feb15	May15
Total Current Liabilities	Get a 7-Day Free Trial															6.03	7.73	6.52	5.17	2.70

Total Current Liabilities	=	Accounts Payable & Accrued Expense	+	Short-Term Debt & Capital Lease Obligation
	=	4.251	+	3.396
	+	Other Current Liabilities	+	Current Deferred Liabilities
	=	0.08	+	0
	=	7.73

Matthew J Anderson	officer: CFO & Secretary	880 - 580 HORNBY STREET, VANCOUVER A1 V6C 3B6
Carlo Civelli	10 percent owner	111 SOMERSET ROAD, TRIPLE ONE SOMERSET 06-06, SINGAPORE U0 238164
Herbert T Schmidt	director, officer: Chief Financial and Accounting	22840 DOLOROSA ST. WOODLANDS HILLS, CA 91367