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Metro Global Media (Metro Global Media) Total Current Liabilities : $9.26 Mil (As of Nov. 2001)


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What is Metro Global Media Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. Metro Global Media's total current liabilities for the quarter that ended in Nov. 2001 was $9.26


Metro Global Media Total Current Liabilities Historical Data

The historical data trend for Metro Global Media'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.

Metro Global Media Total Current Liabilities Chart

Metro Global Media Annual Data
Trend May92 May93 May94 May95 May96 May97 May98 May99 May00 May01
Total Current Liabilities
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.80 6.00 14.70 13.36 9.99

Metro Global Media Quarterly Data
Feb97 May97 Aug97 Nov97 Feb98 May98 Aug98 Nov98 Feb99 May99 Aug99 Nov99 Feb00 May00 Aug00 Nov00 Feb01 May01 Aug01 Nov01
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 11.03 11.07 9.99 10.32 9.26

Metro Global Media Total Current Liabilities Calculation

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

Metro Global Media's Total Current Liabilities for the fiscal year that ended in May. 2001 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=6.173+3.813
+Other Current Liabilities+Current Deferred Liabilities
=0+0
=9.99

Metro Global Media's Total Current Liabilities for the quarter that ended in Nov. 2001 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=5.216+4.039
+Other Current Liabilities+Current Deferred Liabilities
=1.7763568394003E-15+0
=9.26

* 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


Metro Global Media Total Current Liabilities Related Terms

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Metro Global Media (Metro Global Media) Business Description

Traded in Other Exchanges
N/A
Address
1060 Park Avenue, Cranston, RI, USA, 02910
Metro Global Media Inc operates in the media industry in United States. The company is a multimedia, mass marketing company that produces adult film, video, and internet entertainment. The firm also publishes and distributes magazines.

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