GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Maison Luxe Inc (OTCPK:MASN) » Definitions » Total Current Liabilities

Maison Luxe (Maison Luxe) Total Current Liabilities : $1.02 Mil (As of Dec. 2011)


View and export this data going back to 2010. Start your Free Trial

What is Maison Luxe Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. Maison Luxe's total current liabilities for the quarter that ended in Dec. 2011 was $1.02


Maison Luxe Total Current Liabilities Historical Data

The historical data trend for Maison Luxe'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.

Maison Luxe Total Current Liabilities Chart

Maison Luxe Annual Data
Trend Mar10 Mar11
Total Current Liabilities
1.48 1.41

Maison Luxe Quarterly Data
Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11
Total Current Liabilities Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 1.60 1.41 1.36 1.44 1.02

Maison Luxe Total Current Liabilities Calculation

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

Maison Luxe's Total Current Liabilities for the fiscal year that ended in Mar. 2011 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=0.482+0.93
+Other Current Liabilities+Current Deferred Liabilities
=0+0
=1.41

Maison Luxe's Total Current Liabilities for the quarter that ended in Dec. 2011 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=0.794+0.225
+Other Current Liabilities+Current Deferred Liabilities
=0.00099999999999989+0
=1.02

* 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


Maison Luxe Total Current Liabilities Related Terms

Thank you for viewing the detailed overview of Maison Luxe's Total Current Liabilities provided by GuruFocus.com. Please click on the following links to see related term pages.


Maison Luxe (Maison Luxe) Business Description

Traded in Other Exchanges
N/A
Address
1 Bridge Plaza North, Suite 2, Fort Lee, NJ, USA, 07024
Maison Luxe Inc offers luxury retail consumer items that are responsibly sourced and affordable. The company operates as a niche high-end luxury goods retailer, helping interested consumers obtain rare luxury items that may otherwise not be reliably available due to the nature of the luxury retail marketplace. It focuses primarily within the fine time piece and jewelry segments, both on a wholesale and business-to-consumer basis.

Maison Luxe (Maison Luxe) Headlines

From GuruFocus