GLUX (Great Lakes Aviation) Total Current Liabilities: $32.86 Mil (As of Sep. 2015)


What is Great Lakes Aviation Total Current Liabilities?

Great Lakes Aviation GLUX Total Current Liabilities is $32.86 Mil as of Sep. 2015.

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. Great Lakes Aviation's total current liabilities for the quarter that ended in Sep. 2015 was $32.86

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

Great Lakes Aviation Total Current Liabilities Related Terms

Great Lakes Aviation Total Current Liabilities Historical Data

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The historical data trend for Great Lakes Aviation'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.

Great Lakes Aviation Total Current Liabilities Chart

Great Lakes Aviation Annual Data
Trend Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14
Total Current Liabilities
Get a 7-Day Free Trial Premium Member Only Premium Member Only 46.00 11.75 12.41 31.38 4.31

Great Lakes Aviation Quarterly Data
Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15
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 30.34 4.31 4.43 31.10 32.86

Great Lakes Aviation Total Current Liabilities Calculation

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

Great Lakes Aviation's Total Current Liabilities for the fiscal year that ended in Dec. 2014 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=2.373+0
+Other Current Liabilities+Current Deferred Liabilities
=1.291+0.645
=4.31

Great Lakes Aviation's Total Current Liabilities for the quarter that ended in Sep. 2015 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=2.979+27.5
+Other Current Liabilities+Current Deferred Liabilities
=1.262+1.116
=32.86

* 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.

What does a Total Current Liabilities of $32.86 Mil mean?
Great Lakes Aviation (GLUX) has a Total Current Liabilities of $32.86 Mil as of Sep. 2015. The total amount of liabilities with maturity less than one year as recorded on a company's balance sheet. View historical data for Great Lakes Aviation and its competitors.
Is Great Lakes Aviation's Total Current Liabilities too high?
Great Lakes Aviation's current Total Current Liabilities is $32.86 Mil.
How does Great Lakes Aviation's Total Current Liabilities compare to MESA?
Great Lakes Aviation's Total Current Liabilities of $32.86 Mil can be compared against companies in the Transportation industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Current Liabilities for a Transportation company?
A good Total Current Liabilities depends on the Transportation industry context. However, Total Current Liabilities should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Total Current Liabilities mean?
A high Total Current Liabilities can signal that a stock is expensive relative to its fundamentals. The total amount of liabilities with maturity less than one year as recorded on a company's balance sheet. View historical data for Great Lakes Aviation and its competitors. Great Lakes Aviation's current Total Current Liabilities is $32.86 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Great Lakes Aviation stock overvalued right now?
Great Lakes Aviation (GLUX) has a current Total Current Liabilities of $32.86 Mil. The current Total Current Liabilities is $32.86 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Current Liabilities calculated?
Total Current Liabilities is calculated from a company's financial statements. For Great Lakes Aviation (GLUX), the current Total Current Liabilities is $32.86 Mil as of Sep. 2015. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Great Lakes Aviation Business Description

Address 1022 Airport Parkway, Cheyenne, WY, USA, 82001
Great Lakes Aviation Ltd is the United States based regional airline operating as an independent carrier.