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US Airways Group (FRA:USG1) Total Current Liabilities : €2,733 Mil (As of Sep. 2013)


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What is US Airways 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. US Airways Group's total current liabilities for the quarter that ended in Sep. 2013 was €2,733

US Airways Group Total Current Liabilities Historical Data

The historical data trend for US Airways 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.

US Airways Group Total Current Liabilities Chart

US Airways Group Annual Data
Trend Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12
Total Current Liabilities
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,252.56 1,913.25 2,147.04 2,401.60 2,516.89

US Airways Group Quarterly Data
Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13
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 2,691.17 2,516.89 3,405.29 3,006.99 2,733.19

US Airways 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.

US Airways Group'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
=1395.984+317.754
+Other Current Liabilities+Current Deferred Liabilities
=803.148+0
=2,517

US Airways Group's Total Current Liabilities for the quarter that ended in Sep. 2013 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=1415.964+302.94
+Other Current Liabilities+Current Deferred Liabilities
=1014.288+0
=2,733

* 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

US Airways Group Total Current Liabilities Related Terms

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US Airways Group (FRA:USG1) Business Description

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Traded in Other Exchanges
N/A
Address
Website
http://www.usairways.com
US Airways Group Inc., a Delaware corporation, is a holding company formed in 1982. The Company's main business activity is the operation of a major network air carrier through its wholly owned subsidiaries US Airways, Piedmont Airlines, Inc., PSA Airlines, Inc., Material Services Company, Inc. and Airways Assurance Limited. MSC and AAL operate in support of its airline subsidiaries in areas such as the procurement of aviation fuel and insurance. The Company operates the airline in the United States as measured by domestic revenue passenger miles and available seat miles. It has hubs in Charlotte, Philadelphia and Phoenix and a focus city in Washington, D.C. at Ronald Reagan Washington National Airport. It offers scheduled passenger service on more than 3,000 flights daily to 198 communities in the United States, Canada, Mexico, Europe, the Middle East, the Caribbean, and Central and South America. It also has an established East Coast route network, including the US Airways Shuttle service. As of December 31, 2012, it operated 340 mainline jets and was supported by its regional airline subsidiaries and affiliates operating as US Airways Express under capacity purchase agreements, which operated 238 regional jets and 44 turboprops. Its prorate carriers operated four regional jets at December 31, 2012. The Company's main competitors include Southwest, JetBlue, Allegiant, Frontier, Virgin America and Spirit. The airline industry is also subject to increasingly stringent federal, state and local laws aimed at protecting the environment.

US Airways Group (FRA:USG1) Headlines

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