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International Power Group (International Power Group) Total Current Liabilities : $3.03 Mil (As of Sep. 2008)


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What is International Power 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. International Power Group's total current liabilities for the quarter that ended in Sep. 2008 was $3.03


International Power Group Total Current Liabilities Historical Data

The historical data trend for International Power 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.

International Power Group Total Current Liabilities Chart

International Power Group Annual Data
Trend Dec04 Dec05 Dec06 Dec07
Total Current Liabilities
- 0.08 2.14 2.71

International Power Group Quarterly Data
Mar05 Jun05 Sep05 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08
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 2.29 2.71 2.60 3.31 3.03

International Power 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.

International Power Group's Total Current Liabilities for the fiscal year that ended in Dec. 2007 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=0.993+0.756
+Other Current Liabilities+Current Deferred Liabilities
=0.962+0
=2.71

International Power Group's Total Current Liabilities for the quarter that ended in Sep. 2008 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=1.049+1.008
+Other Current Liabilities+Current Deferred Liabilities
=0.972+0
=3.03

* 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


International Power Group Total Current Liabilities Related Terms

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International Power Group (International Power Group) Business Description

Traded in Other Exchanges
N/A
Address
1420 Celebration Bouelvard, Suite 313, Celebration, FL, USA, 34747
International Power Group Ltd is a waste to energy company operating a proprietary technology that not only handles waste management in a more environmentally friendly manner, but also converts the energy generated from the process into meaningful amounts of cost effective electricity.
Executives
John Edward Mack officer: Chief Financial Officer P.O.BOX 1575, BRECKENRIDGE CO 80424

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