Industria Automotriz de CV (MEX:IASASA) Total Current Liabilities: MXN930.97 Mil (As of Jun. 2011)


What is Industria Automotriz de CV Total Current Liabilities?

Industria Automotriz de CV MEX:IASASA Total Current Liabilities is MXN930.97 Mil as of Jun. 2011.

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. Industria Automotriz de CV's total current liabilities for the quarter that ended in Jun. 2011 was MXN930.97

Be Aware

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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

Industria Automotriz de CV Total Current Liabilities Related Terms

Industria Automotriz de CV Total Current Liabilities Historical Data

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The historical data trend for Industria Automotriz de CV'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.

Industria Automotriz de CV Total Current Liabilities Chart

Industria Automotriz de CV Annual Data
Trend Dec07 Dec08 Dec09
Total Current Liabilities
0.00 0.00 0.00

Industria Automotriz de CV Quarterly Data
Dec07 Dec08 Sep09 Dec09 Mar10 Jun10 Sep10 Mar11 Jun11
Total Current Liabilities Get a 7-Day Free Trial Premium Member Only 0.00 0.00 912.73 943.48 930.97

Industria Automotriz de CV Total Current Liabilities Calculation

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

Industria Automotriz de CV's Total Current Liabilities for the fiscal year that ended in Dec. 2009 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=0+0
+Other Current Liabilities+Current Deferred Liabilities
=0+0
=0.00

Industria Automotriz de CV's Total Current Liabilities for the quarter that ended in Jun. 2011 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=571.924+106.258
+Other Current Liabilities+Current Deferred Liabilities
=252.788+0
=930.97

* 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 MXN930.97 Mil mean?
Industria Automotriz de CV (MEX:IASASA) has a Total Current Liabilities of MXN930.97 Mil as of Jun. 2011. The total amount of liabilities with maturity less than one year as recorded on a company's balance sheet. View historical data for Industria Automotriz de CV and its competitors.
Is Industria Automotriz de CV's Total Current Liabilities too high?
Industria Automotriz de CV's current Total Current Liabilities is MXN930.97 Mil.
How does Industria Automotriz de CV's Total Current Liabilities compare to CSHEF and AMTY?
Industria Automotriz de CV's Total Current Liabilities of MXN930.97 Mil can be compared against companies in the Vehicles & Parts 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 Vehicles & Parts company?
A good Total Current Liabilities depends on the Vehicles & Parts 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 Industria Automotriz de CV and its competitors. Industria Automotriz de CV's current Total Current Liabilities is MXN930.97 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Industria Automotriz de CV stock overvalued right now?
Industria Automotriz de CV (MEX:IASASA) has a current Total Current Liabilities of MXN930.97 Mil. The current Total Current Liabilities is MXN930.97 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 Industria Automotriz de CV (MEX:IASASA), the current Total Current Liabilities is MXN930.97 Mil as of Jun. 2011. 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.

Industria Automotriz de CV Business Description

Address Avenida Universidad 1011, San Nicolas de los Garza, NL, MEX, 66400
Industria Automotriz SA de CV is engaged in manufacturing of stamping, assemblies and subassemblies for the automotive industry. The company also manufactures dies and tool, assembly attachments and attachments to check the produced pieces.