IMC (International Market Centers) Total Current Liabilities: $27.35 Mil (As of Dec. 2014)


What is International Market Centers Total Current Liabilities?

International Market Centers IMC Total Current Liabilities is $27.35 Mil as of Dec. 2014.

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. International Market Centers's total current liabilities for the quarter that ended in Dec. 2014 was $27.35

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

International Market Centers Total Current Liabilities Related Terms

International Market Centers Total Current Liabilities Historical Data

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The historical data trend for International Market Centers'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.

International Market Centers Total Current Liabilities Chart

International Market Centers Annual Data
Trend Dec12 Dec13 Dec14
Total Current Liabilities
26.14 30.37 27.35

International Market Centers Semi-Annual Data
Dec12 Dec13 Dec14
Total Current Liabilities 26.14 30.37 27.35

International Market Centers Total Current Liabilities Calculation

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

International Market Centers'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
=24.105+0
+Other Current Liabilities+Current Deferred Liabilities
=0+3.244
=27.35

International Market Centers's Total Current Liabilities for the quarter that ended in Dec. 2014 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=24.105+0
+Other Current Liabilities+Current Deferred Liabilities
=0+3.244
=27.35

* 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 $27.35 Mil mean?
International Market Centers (IMC) has a Total Current Liabilities of $27.35 Mil as of Dec. 2014. The total amount of liabilities with maturity less than one year as recorded on a company's balance sheet. View historical data for International Market Centers and its competitors.
Is International Market Centers' Total Current Liabilities too high?
International Market Centers' current Total Current Liabilities is $27.35 Mil.
How does International Market Centers' Total Current Liabilities compare to HMG and AIII?
International Market Centers' Total Current Liabilities of $27.35 Mil can be compared against companies in the REITs 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 REITs company?
A good Total Current Liabilities depends on the REITs 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 International Market Centers and its competitors. International Market Centers's current Total Current Liabilities is $27.35 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is International Market Centers stock overvalued right now?
International Market Centers (IMC) has a current Total Current Liabilities of $27.35 Mil. The current Total Current Liabilities is $27.35 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 International Market Centers (IMC), the current Total Current Liabilities is $27.35 Mil as of Dec. 2014. 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.

International Market Centers Business Description

Industry Real EstateREITs
International Market Centers Inc was incorporated in Maryland on June 27, 2014. The Company is structured as an internally-managed REIT. The Company is the owner and operator of permanent business-to-business showroom space in North America for the home furniture industry and owners and operators of permanent business-to-business showroom space for the home décor and gift industries. The Company owns approximately 11.9 million gross square feet of showroom space across 13 buildings in High Point, North Carolina and three buildings and three exhibition pavilions in Las Vegas, Nevada. The Company leases its space on a long-term basis to manufacturers and suppliers of home furniture, home décor and gift products that participate in the Company's Markets. The Company faces competition from other Markets that serve manufacturers and suppliers and buyers of home furniture, home décor and gift products.