GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Ecologix Resource Group Inc (OTCPK:EXRG) » Definitions » Total Current Liabilities

Ecologix Resource Group (Ecologix Resource Group) Total Current Liabilities : $11.34 Mil (As of Sep. 2010)


View and export this data going back to 2008. Start your Free Trial

What is Ecologix Resource Group Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. Ecologix Resource Group's total current liabilities for the quarter that ended in Sep. 2010 was $11.34


Ecologix Resource Group Total Current Liabilities Historical Data

The historical data trend for Ecologix Resource Group'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.

Ecologix Resource Group Total Current Liabilities Chart

Ecologix Resource Group Annual Data
Trend Dec07 Dec08 Dec09
Total Current Liabilities
0.04 0.05 5.01

Ecologix Resource Group Quarterly Data
Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10
Total Current Liabilities Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.09 5.01 11.45 11.72 11.34

Ecologix Resource Group Total Current Liabilities Calculation

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

Ecologix Resource Group's Total Current Liabilities for the fiscal year that ended in Dec. 2009 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=0.652+0.313
+Other Current Liabilities+Current Deferred Liabilities
=4.049+0
=5.01

Ecologix Resource Group's Total Current Liabilities for the quarter that ended in Sep. 2010 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=0.454+1.592
+Other Current Liabilities+Current Deferred Liabilities
=9.295+0
=11.34

* 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


Ecologix Resource Group Total Current Liabilities Related Terms

Thank you for viewing the detailed overview of Ecologix Resource Group's Total Current Liabilities provided by GuruFocus.com. Please click on the following links to see related term pages.


Ecologix Resource Group (Ecologix Resource Group) Business Description

Traded in Other Exchanges
N/A
Address
9903 Santa Monica Boulevard, Suite 918, Beverly Hills, CA, USA, 90212
Website
Ecologix Resource Group Inc is a natural resource company engaged in the harvesting, and marketing of quality timber while pursuing the production of alternative energy solutions.

Ecologix Resource Group (Ecologix Resource Group) Headlines

No Headlines