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Location Based Technologies (Location Based Technologies) Total Current Liabilities : $13.05 Mil (As of May. 2015)


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What is Location Based Technologies Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. Location Based Technologies's total current liabilities for the quarter that ended in May. 2015 was $13.05


Location Based Technologies Total Current Liabilities Historical Data

The historical data trend for Location Based Technologies'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.

Location Based Technologies Total Current Liabilities Chart

Location Based Technologies Annual Data
Trend Aug06 Aug07 Aug08 Aug09 Aug10 Aug11 Aug12 Aug13 Aug14
Total Current Liabilities
Get a 7-Day Free Trial Premium Member Only 5.98 4.18 5.42 8.41 8.31

Location Based Technologies Quarterly Data
Aug10 Nov10 Feb11 May11 Aug11 Nov11 Feb12 May12 Aug12 Nov12 Feb13 May13 Aug13 Nov13 Feb14 May14 Aug14 Nov14 Feb15 May15
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 7.73 8.31 9.02 13.09 13.05

Location Based Technologies Total Current Liabilities Calculation

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

Location Based Technologies's Total Current Liabilities for the fiscal year that ended in Aug. 2014 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=1.865+6.155
+Other Current Liabilities+Current Deferred Liabilities
=0+0.292
=8.31

Location Based Technologies's Total Current Liabilities for the quarter that ended in May. 2015 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=1.878+10.82
+Other Current Liabilities+Current Deferred Liabilities
=0.00099999999999945+0.349
=13.05

* 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


Location Based Technologies Total Current Liabilities Related Terms

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Location Based Technologies (Location Based Technologies) Business Description

Traded in Other Exchanges
N/A
Address
7545 Irvine Center Drive, Suite 200, Irvine, CA, USA, 92618
Location Based Technologies Inc is engaged in supplying fleet trackers, a small, affordable, fully sealed vehicle tracking system (combined GPS, wireless, and WiFi technology) designed to track and display vehicles and other mobile assets on the go. It is designed to be quickly installed and features easy-to-use user interfaces, including browser and apps. Its product offering includes PocketFinder. The company generates revenue from Device Sales and Services.

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