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Vividend Management Group (JSE:VIF) Total Current Liabilities : R173.4 Mil (As of Feb. 2014)


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What is Vividend Management 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. Vividend Management Group's total current liabilities for the quarter that ended in Feb. 2014 was R173.4

Vividend Management Group Total Current Liabilities Historical Data

The historical data trend for Vividend Management 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.

Vividend Management Group Total Current Liabilities Chart

Vividend Management Group Annual Data
Trend Aug11 Aug12 Aug13
Total Current Liabilities
35.29 89.26 144.96

Vividend Management Group Semi-Annual Data
Feb11 Feb12 Feb13 Feb14
Total Current Liabilities 113,688.13 40.46 88.75 173.41

Vividend Management 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.

Vividend Management Group's Total Current Liabilities for the fiscal year that ended in Aug. 2013 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=95.782+49.175
+Other Current Liabilities+Current Deferred Liabilities
=0+0
=145.0

Vividend Management Group's Total Current Liabilities for the quarter that ended in Feb. 2014 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=55.9+53.106
+Other Current Liabilities+Current Deferred Liabilities
=64.4+0
=173.4

* 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

Vividend Management Group Total Current Liabilities Related Terms

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Vividend Management Group (JSE:VIF) Business Description

Industry
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Traded in Other Exchanges
N/A
Address
Website
http://www.vividend.co.za
Vividend Management Group was incorporated on 17 February 2010. It is a real estate investment trust ( REIT). The Company's portfolio consists of investments in assets and opportunities within the various property sectors in South Africa and abroad with primary focus on the retail, commercial, industrial and office sectors. The Company own a portfolio of 22 properties providing 223 444 square metres of retail and commercial space.

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