ENGY (Central Energy Partners LP) Total Current Liabilities: $3.61 Mil (As of Jun. 2015)


What is Central Energy Partners LP Total Current Liabilities?

Central Energy Partners LP ENGY Total Current Liabilities is $3.61 Mil as of Jun. 2015.

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. Central Energy Partners LP's total current liabilities for the quarter that ended in Jun. 2015 was $3.61

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

Central Energy Partners LP Total Current Liabilities Related Terms

Central Energy Partners LP Total Current Liabilities Historical Data

* Premium members only.

The historical data trend for Central Energy Partners LP'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.

Central Energy Partners LP Total Current Liabilities Chart

Central Energy Partners LP Annual Data
Trend Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14
Total Current Liabilities
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.64 5.39 6.63 2.24 1.65

Central Energy Partners LP Quarterly Data
Dec10 Mar11 Jun11 Sep11 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.82 1.65 4.01 3.61 3.91

Central Energy Partners LP Total Current Liabilities Calculation

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

Central Energy Partners LP'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
=1.611+0
+Other Current Liabilities+Current Deferred Liabilities
=0+0.04
=1.65

Central Energy Partners LP's Total Current Liabilities for the quarter that ended in Jun. 2015 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=1.197+2.376
+Other Current Liabilities+Current Deferred Liabilities
=0+0.039
=3.61

* 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 $3.61 Mil mean?
Central Energy Partners LP (ENGY) has a Total Current Liabilities of $3.61 Mil as of Jun. 2015. The total amount of liabilities with maturity less than one year as recorded on a company's balance sheet. View historical data for Central Energy Partners LP and its competitors.
Is Central Energy Partners LP's Total Current Liabilities too high?
Central Energy Partners LP's current Total Current Liabilities is $3.61 Mil.
How does Central Energy Partners LP's Total Current Liabilities compare to PGAS and SNMP?
Central Energy Partners LP's Total Current Liabilities of $3.61 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 Central Energy Partners LP and its competitors. Central Energy Partners LP's current Total Current Liabilities is $3.61 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Central Energy Partners LP stock overvalued right now?
Central Energy Partners LP (ENGY) has a current Total Current Liabilities of $3.61 Mil. The current Total Current Liabilities is $3.61 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 Central Energy Partners LP (ENGY), the current Total Current Liabilities is $3.61 Mil as of Jun. 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.

Central Energy Partners LP Business Description

Industry EnergyOil & Gas
Address 4809 Cole Avenue, Suite 108, Dallas, TX, USA, 75205
Central Energy Partners LP provides liquid bulk storage, trans-loading, and transportation services for hazardous chemicals and petroleum products. Its key activities include the storage, transportation and railcar trans-loading of bulk liquids, including hazardous chemicals and petroleum products. It transports a range of hazardous products, such as aluminum sulfate solution, hydrochloric acid, sulfuric acid, aqua ammonia, sodium bisulfate and fuel blends.