GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » McHenry Metals Golf Corp (OTCPK:GLFN) » Definitions » Total Current Liabilities

McHenry Metals Golf (McHenry Metals Golf) Total Current Liabilities : $1.94 Mil (As of Sep. 2001)


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

What is McHenry Metals Golf Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. McHenry Metals Golf's total current liabilities for the quarter that ended in Sep. 2001 was $1.94

McHenry Metals Golf Total Current Liabilities Historical Data

The historical data trend for McHenry Metals Golf'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.

McHenry Metals Golf Total Current Liabilities Chart

McHenry Metals Golf Annual Data
Trend Dec99 Dec00
Total Current Liabilities
3.08 1.77

McHenry Metals Golf Quarterly Data
Mar00 Jun00 Sep00 Dec00 Mar01 Jun01 Sep01
Total Current Liabilities Get a 7-Day Free Trial 1.55 1.77 1.83 1.92 1.94

McHenry Metals Golf Total Current Liabilities Calculation

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

McHenry Metals Golf's Total Current Liabilities for the fiscal year that ended in Dec. 2000 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=1.188+0.493
+Other Current Liabilities+Current Deferred Liabilities
=0.055+0.038
=1.77

McHenry Metals Golf's Total Current Liabilities for the quarter that ended in Sep. 2001 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=0.978+0.668
+Other Current Liabilities+Current Deferred Liabilities
=0.293+0
=1.94

* 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

McHenry Metals Golf Total Current Liabilities Related Terms

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

McHenry Metals Golf (McHenry Metals Golf) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » McHenry Metals Golf Corp (OTCPK:GLFN) » Definitions » Total Current Liabilities
Comparable Companies
GBBT BWMG SCRH XFTBE AASP MLFB EPGG AMMA TIXC PRKA CGUNF GLXZ GBYLF VXELD SKIS BWL.A DVD BTN JAKK CLUB
Traded in Other Exchanges
N/A
Address
4502 Marquette Avenue, Jacksonville, FL, USA
Website
http://www.mchenrymetals.com
McHenry Metals Golf Corp designs, develops and markets golf clubs. The company's products include drivers, hybrids, wedges, woods and other accessories related to golf.

McHenry Metals Golf (McHenry Metals Golf) Headlines

No Headlines