GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » China Gerui Advanced Materials Group Ltd (FRA:G60A) » Definitions » Total Current Liabilities

China Gerui Advanced Materials Group (FRA:G60A) Total Current Liabilities : €188.48 Mil (As of Sep. 2014)


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

What is China Gerui Advanced Materials 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. China Gerui Advanced Materials Group's total current liabilities for the quarter that ended in Sep. 2014 was €188.48


China Gerui Advanced Materials Group Total Current Liabilities Historical Data

The historical data trend for China Gerui Advanced Materials 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.

China Gerui Advanced Materials Group Total Current Liabilities Chart

China Gerui Advanced Materials Group Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13
Total Current Liabilities
Get a 7-Day Free Trial 66.75 121.86 230.01 261.60 229.52

China Gerui Advanced Materials Group Quarterly Data
Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14
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 - 229.52 200.64 194.36 188.48

China Gerui Advanced Materials 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.

China Gerui Advanced Materials Group's Total Current Liabilities for the fiscal year that ended in Dec. 2013 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=12.46+206.535
+Other Current Liabilities+Current Deferred Liabilities
=-2.8421709430404E-14+10.52
=229.52

China Gerui Advanced Materials Group's Total Current Liabilities for the quarter that ended in Sep. 2014 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=14.318+168.479
+Other Current Liabilities+Current Deferred Liabilities
=-2.8421709430404E-14+5.68
=188.48

* 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


China Gerui Advanced Materials Group Total Current Liabilities Related Terms

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


China Gerui Advanced Materials Group (FRA:G60A) Business Description

Traded in Other Exchanges
N/A
Address
1 Shuanghu Development Zone, Zhengzhou, Xinzheng City, Henan, CHN, 451191
China Gerui Advanced Materials Group Ltd is a China-based steel processor company. It manufactures high precision cold-rolled narrow strip steel products and converts steel manufactured into thin steel sheets and strips. It mainly produces ultra-thin, high-strength cold-rolled steel products and chromium plates. The company sells its products to domestic Chinese customers who primarily operate in the food and industrial packaging, construction and household decorations materials, electrical appliances, and telecommunications wires and cables industries.

China Gerui Advanced Materials Group (FRA:G60A) Headlines

No Headlines