GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Mobile Lads Corp (OTCPK:MOBO) » Definitions » Total Current Liabilities

MOBO (Mobile Lads) Total Current Liabilities : $0.28 Mil (As of Jul. 2016)


View and export this data going back to 2013. Start your Free Trial

What is Mobile Lads Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. Mobile Lads's total current liabilities for the quarter that ended in Jul. 2016 was $0.28

Mobile Lads Total Current Liabilities Historical Data

The historical data trend for Mobile Lads'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.

Mobile Lads Total Current Liabilities Chart

Mobile Lads Annual Data
Trend Apr13 Apr14 Apr15
Total Current Liabilities
0.01 - 0.02

Mobile Lads Quarterly Data
Apr13 Jul13 Oct13 Jan14 Apr14 Jul14 Oct14 Jan15 Apr15 Jul15 Oct15 Jan16 Apr16 Jul16
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 0.32 0.49 0.62 0.19 0.28

Mobile Lads Total Current Liabilities Calculation

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

Mobile Lads's Total Current Liabilities for the fiscal year that ended in Apr. 2015 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=0.024+0
+Other Current Liabilities+Current Deferred Liabilities
=0+0
=0.02

Mobile Lads's Total Current Liabilities for the quarter that ended in Jul. 2016 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=0.208+0.009
+Other Current Liabilities+Current Deferred Liabilities
=0.067+0
=0.28

* 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

Mobile Lads Total Current Liabilities Related Terms

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

Mobile Lads Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Mobile Lads Corp (OTCPK:MOBO) » Definitions » Total Current Liabilities
Comparable Companies
WAR:MMS ASX:XTD TSXV:MBO XCNQ:ADX ASX:PPL XSAT:MPLUS XPAR:ALACT WAR:SAR NSE:TOUCHWOOD IST:SAYAS FRA:DCIK WAR:BIT XPAR:ALTBG DLOC TSXV:BTV KNIT HKSE:08091 SSE:2172 SSE:3977 TSXV:ITM.H
Traded in Other Exchanges
N/A
Address
2616 Willow Wren Drive, North Las Vegas, NV, USA, 89084
Website
http://www.mobilelads.com
Mobile Lads Corp provides consumers with a suite of products and services covering hardware and software solutions. Through its manufacturing and business partners, Mobile Lads is able to supply superior-quality smartphones and other mobile devices and services to businesses and their consumer base. Because of the relationships with its partners, the company creates residual income streams through the sale of benefits and services, including insurance and MasterCard issuance, and international money remittance.