GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Tallgrass Energy Corp (FRA:TGV) » Definitions » Total Current Liabilities

Tallgrass Energy (FRA:TGV) Total Current Liabilities : €15.66 Mil (As of Dec. 2012)


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

What is Tallgrass Energy Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. Tallgrass Energy's total current liabilities for the quarter that ended in Dec. 2012 was €15.66

Tallgrass Energy Total Current Liabilities Historical Data

The historical data trend for Tallgrass Energy'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.

Tallgrass Energy Total Current Liabilities Chart

Tallgrass Energy Annual Data
Trend Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12
Total Current Liabilities
Get a 7-Day Free Trial Premium Member Only 0.61 0.51 2.04 1.63 15.66

Tallgrass Energy Semi-Annual Data
Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12
Total Current Liabilities Get a 7-Day Free Trial Premium Member Only 0.61 0.51 2.04 1.63 15.66

Tallgrass Energy Total Current Liabilities Calculation

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

Tallgrass Energy's Total Current Liabilities for the fiscal year that ended in Dec. 2012 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=2.092+13.126
+Other Current Liabilities+Current Deferred Liabilities
=0.439+0
=15.66

Tallgrass Energy's Total Current Liabilities for the quarter that ended in Dec. 2012 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=2.092+13.126
+Other Current Liabilities+Current Deferred Liabilities
=0.439+0
=15.66

* 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

Tallgrass Energy Total Current Liabilities Related Terms

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

Tallgrass Energy (FRA:TGV) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Tallgrass Energy Corp (FRA:TGV) » Definitions » Total Current Liabilities
Comparable Companies
ALTX TSXV:BSH TSXV:AVN PTCO TSXV:HEI SNECQ TSXV:GNF TSXV:WCE LSE:CZN TSXV:UHO TSXV:SKK TSXV:SHM TSXV:CBV TSXV:GOE TSXV:KFG TSXV:NTN.H ASX:JPR LSE:SRO TSXV:MCM.A XCNQ:OIL
Traded in Other Exchanges
N/A
Address
Website
http://www.tallgrassenergy.ca
Tallgrass Energy Corp was incorporated pursuant to the provisions of the Alberta Business Corporations Act on March 10, 2010. On December 31, 2012, the Company amalgamated with Anglo Canadian Oil Corp. The Company is engaged in the exploration, development and production of petroleum and natural gas in the Western Canadian Basin. The Company receives its revenue from the sale of oil, natural gas and natural gas liquids. Other revenue is derived from emulsion processing, treating, saltwater disposal fees charged to third parties as well as well operating fees and road use fees.

Tallgrass Energy (FRA:TGV) Headlines

No Headlines