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Glacier Water Services (Glacier Water Services) Total Current Liabilities : $10.1 Mil (As of Dec. 2010)


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What is Glacier Water Services Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. Glacier Water Services's total current liabilities for the quarter that ended in Dec. 2010 was $10.1

Glacier Water Services Total Current Liabilities Historical Data

The historical data trend for Glacier Water Services'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.

Glacier Water Services Total Current Liabilities Chart

Glacier Water Services Annual Data
Trend Dec01 Dec02 Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10
Total Current Liabilities
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.92 10.29 9.01 10.18 10.07

Glacier Water Services Quarterly Data
Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10
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 10.18 9.71 9.33 10.46 10.07

Glacier Water Services Total Current Liabilities Calculation

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

Glacier Water Services's Total Current Liabilities for the fiscal year that ended in Dec. 2010 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=9.205+0.868
+Other Current Liabilities+Current Deferred Liabilities
=0+0
=10.1

Glacier Water Services's Total Current Liabilities for the quarter that ended in Dec. 2010 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=9.205+0.868
+Other Current Liabilities+Current Deferred Liabilities
=0+0
=10.1

* 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

Glacier Water Services Total Current Liabilities Related Terms

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Glacier Water Services (Glacier Water Services) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Non-Alcoholic » Glacier Water Services Inc (OTCPK:GWSV) » Definitions » Total Current Liabilities
Comparable Companies
TSE:9959 DFM:GULFA TSE:2599 XKRX:189980 WTER ISX:ADES BKK:TACC PHS:PIP BRFH HKSE:01446 HKSE:02119 REED XKLS:7103 BKK:ABICO NZSE:JLG HKSE:00359 IST:KRSTL ROCO:4154 JSDA HKSE:00756
Traded in Other Exchanges
N/A
Address
Website
http://www.glacierwater.com
Glacier Water Services provides drinking water that is dispensed to consumers through coin-operated, self-service, vending machines. These machines are designed, developed, and assembled by the company and they reduce impurities in the water through a combination of micron filtration, reverse osmosis, carbon adsorption, and ultraviolet sterilization. The company's machines, which are located throughout the United States, are placed primarily at supermarkets and other retail locations.
Executives
Richard A Kayne director, 10 percent owner
Kayne Anderson Capital Advisors Lp 10 percent owner 2121 AVENUE OF THE STARS, 9TH FLOOR, LOS ANGELES CA 90067
Charles A Norris director, 10 percent owner 481 DENSLOW AVE, LOS ANGELES CA 90049
Robert V Sinnott other: Former Director 1800 AVENUE OF THE STARS, 3RD FLOOR, LOS ANGELES CA 90067

Glacier Water Services (Glacier Water Services) Headlines

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