FASDF (Fantasy Aces Daily Fantasy Sports) Total Current Liabilities: $2.17 Mil (As of Sep. 2016)


What is Fantasy Aces Daily Fantasy Sports Total Current Liabilities?

Fantasy Aces Daily Fantasy Sports FASDF Total Current Liabilities is $2.17 Mil as of Sep. 2016.

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. Fantasy Aces Daily Fantasy Sports's total current liabilities for the quarter that ended in Sep. 2016 was $2.17

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

Fantasy Aces Daily Fantasy Sports Total Current Liabilities Related Terms

Fantasy Aces Daily Fantasy Sports Total Current Liabilities Historical Data

* Premium members only.

The historical data trend for Fantasy Aces Daily Fantasy Sports'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.

Fantasy Aces Daily Fantasy Sports Total Current Liabilities Chart

Fantasy Aces Daily Fantasy Sports Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
Total Current Liabilities
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.69 0.05 0.10 0.67 2.10

Fantasy Aces Daily Fantasy Sports Quarterly Data
Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16
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 1.17 2.10 2.20 1.53 2.17

Fantasy Aces Daily Fantasy Sports Total Current Liabilities Calculation

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

Fantasy Aces Daily Fantasy Sports's Total Current Liabilities for the fiscal year that ended in Dec. 2015 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=1.252+0.155
+Other Current Liabilities+Current Deferred Liabilities
=4.4408920985006E-16+0.688
=2.10

Fantasy Aces Daily Fantasy Sports's Total Current Liabilities for the quarter that ended in Sep. 2016 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=0.607+0.453
+Other Current Liabilities+Current Deferred Liabilities
=-4.4408920985006E-16+1.111
=2.17

* 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 $2.17 Mil mean?
Fantasy Aces Daily Fantasy Sports (FASDF) has a Total Current Liabilities of $2.17 Mil as of Sep. 2016. The total amount of liabilities with maturity less than one year as recorded on a company's balance sheet. View historical data for Fantasy Aces Daily Fantasy Sports and its competitors.
Is Fantasy Aces Daily Fantasy Sports' Total Current Liabilities too high?
Fantasy Aces Daily Fantasy Sports' current Total Current Liabilities is $2.17 Mil.
How does Fantasy Aces Daily Fantasy Sports' Total Current Liabilities compare to FRZT?
Fantasy Aces Daily Fantasy Sports' Total Current Liabilities of $2.17 Mil can be compared against companies in the Interactive Media 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 Interactive Media company?
A good Total Current Liabilities depends on the Interactive Media 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 Fantasy Aces Daily Fantasy Sports and its competitors. Fantasy Aces Daily Fantasy Sports's current Total Current Liabilities is $2.17 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fantasy Aces Daily Fantasy Sports stock overvalued right now?
Fantasy Aces Daily Fantasy Sports (FASDF) has a current Total Current Liabilities of $2.17 Mil. The current Total Current Liabilities is $2.17 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 Fantasy Aces Daily Fantasy Sports (FASDF), the current Total Current Liabilities is $2.17 Mil as of Sep. 2016. 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.

Fantasy Aces Daily Fantasy Sports Business Description

Address 120 Vantis, Suite 300, Aliso Viejo, CA, USA, 92656
Fantasy Aces Daily Fantasy Sports Corp is engaged in the daily fantasy sports games. It offers players the ability to play fantasy sports in a variety of sports including NFL, NBA, NHL and PGA. The company operates in the United States.