JMIH (Jupiter Marine International Holdings) Total Current Liabilities: $3.30 Mil (As of Oct. 2007)


What is Jupiter Marine International Holdings Total Current Liabilities?

Jupiter Marine International Holdings JMIH Total Current Liabilities is $3.30 Mil as of Oct. 2007.

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. Jupiter Marine International Holdings's total current liabilities for the quarter that ended in Oct. 2007 was $3.30

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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

Jupiter Marine International Holdings Total Current Liabilities Related Terms

Jupiter Marine International Holdings Total Current Liabilities Historical Data

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The historical data trend for Jupiter Marine International Holdings'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.

Jupiter Marine International Holdings Total Current Liabilities Chart

Jupiter Marine International Holdings Annual Data
Trend Jul01 Jul03 Jul04 Jul05 Jul06 Jul07
Total Current Liabilities
Get a 7-Day Free Trial 1.61 1.05 1.25 2.15 2.55

Jupiter Marine International Holdings Quarterly Data
Jul01 Oct01 Jul03 Oct03 Jan04 Apr04 Jul04 Oct04 Jan05 Apr05 Jul05 Oct05 Jan06 Apr06 Jul06 Oct06 Jan07 Apr07 Jul07 Oct07
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 2.31 2.10 2.28 2.55 3.30

Jupiter Marine International Holdings Total Current Liabilities Calculation

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

Jupiter Marine International Holdings's Total Current Liabilities for the fiscal year that ended in Jul. 2007 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=2.125+0.026
+Other Current Liabilities+Current Deferred Liabilities
=0.402+0
=2.55

Jupiter Marine International Holdings's Total Current Liabilities for the quarter that ended in Oct. 2007 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=2.734+0.026
+Other Current Liabilities+Current Deferred Liabilities
=0.536+0
=3.30

* 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 $3.30 Mil mean?
Jupiter Marine International Holdings (JMIH) has a Total Current Liabilities of $3.30 Mil as of Oct. 2007. The total amount of liabilities with maturity less than one year as recorded on a company's balance sheet. View historical data for Jupiter Marine International Holdings and its competitors.
Is Jupiter Marine International Holdings' Total Current Liabilities too high?
Jupiter Marine International Holdings' current Total Current Liabilities is $3.30 Mil.
How does Jupiter Marine International Holdings' Total Current Liabilities compare to GBBT and MLFB?
Jupiter Marine International Holdings' Total Current Liabilities of $3.30 Mil can be compared against companies in the Travel & Leisure 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 Travel & Leisure company?
A good Total Current Liabilities depends on the Travel & Leisure 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 Jupiter Marine International Holdings and its competitors. Jupiter Marine International Holdings's current Total Current Liabilities is $3.30 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jupiter Marine International Holdings stock overvalued right now?
Jupiter Marine International Holdings (JMIH) has a current Total Current Liabilities of $3.30 Mil. The current Total Current Liabilities is $3.30 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 Jupiter Marine International Holdings (JMIH), the current Total Current Liabilities is $3.30 Mil as of Oct. 2007. 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.

Jupiter Marine International Holdings Business Description

Address 1103 12th Avenue East, Palmetto, FL, USA, 34221
Jupiter Marine International Holdings Inc designs, manufactures and markets sport fishing boats like Jupiter 26, Jupiter 34, 340LS, 380LS and others. Geographically the business activities are carried out through Palmetto, Florida.