GURUFOCUS.COM » STOCK LIST » Technology » Software » Micros Systems Inc (FRA:MS6) » Definitions » Total Current Liabilities

Micros Systems (FRA:MS6) Total Current Liabilities : €340 Mil (As of Jun. 2014)


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

What is Micros Systems Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. Micros Systems's total current liabilities for the quarter that ended in Jun. 2014 was €340


Micros Systems Total Current Liabilities Historical Data

The historical data trend for Micros Systems'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.

Micros Systems Total Current Liabilities Chart

Micros Systems Annual Data
Trend Jun05 Jun06 Jun07 Jun08 Jun09 Jun10 Jun11 Jun12 Jun13 Jun14
Total Current Liabilities
Get a 7-Day Free Trial Premium Member Only Premium Member Only 255.26 246.16 331.53 317.29 339.52

Micros Systems Quarterly Data
Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14
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 317.29 327.33 297.30 340.91 339.52

Micros Systems Total Current Liabilities Calculation

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

Micros Systems's Total Current Liabilities for the fiscal year that ended in Jun. 2014 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=196.808+0
+Other Current Liabilities+Current Deferred Liabilities
=5.6843418860808E-14+142.708
=340

Micros Systems's Total Current Liabilities for the quarter that ended in Jun. 2014 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=196.808+0
+Other Current Liabilities+Current Deferred Liabilities
=5.6843418860808E-14+142.708
=340

* 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


Micros Systems Total Current Liabilities Related Terms

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


Micros Systems (FRA:MS6) Business Description

Industry
Traded in Other Exchanges
N/A
Address
MICROS Systems, Inc. was incorporated in the State of Maryland in 1977 as Picos Manufacturing, Inc. and, in 1978, changed its name to MICROS Systems, Inc. It is a designer, manufacturer, marketer, and servicer of enterprise applications solutions for the food and beverage, hotel and retail industries. The Company's solutions consist of application specific software and hardware systems, supplemented by various services. The food and beverage and hotel industries (sometimes referred to collectively as the hospitality industry) include numerous defined markets such as lodging (including individual hotel sites and hotel chains), table service restaurants, quick service restaurants, entertainment venues such as stadiums and arenas, business food service operations, casinos, transportation food service, government operations, and cruise ships. The retail industry consists of retail operations selling to consumers both general and specific products, such as clothing, shoes, food, hardware, jewelry, and other specialty items. The enterprise application information solutions comprise of the food and beverage information systems, hotel information systems, and retail information systems. The food and beverage information systems consist of hardware and software for point-of-sale and operational applications, ecommerce, back office applications, including inventory, labor and financial management, gift cards, and certain centrally hosted enterprise applications. The hotel information systems consist of software encompassing room reservation management systems, sales and catering, revenue management, ecommerce, business analytics, central reservations, and interfaces to third party applications. The retail information systems consist of software encompassing point-of-sale, loss prevention, ecommerce, business analytics, customer gift cards, electronic payments and enterprise applications. It markets its products and services internationally. It also sells hardware to its clients and provides field and remote support.

Micros Systems (FRA:MS6) Headlines

No Headlines