GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Nascent Wine Co Inc (OTCPK:NCTW) » Definitions » Total Current Liabilities

Nascent Wine Co (Nascent Wine Co) Total Current Liabilities : $8.91 Mil (As of Sep. 2008)


View and export this data going back to 2005. Start your Free Trial

What is Nascent Wine Co Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. Nascent Wine Co's total current liabilities for the quarter that ended in Sep. 2008 was $8.91

Nascent Wine Co Total Current Liabilities Historical Data

The historical data trend for Nascent Wine Co'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.

Nascent Wine Co Total Current Liabilities Chart

Nascent Wine Co Annual Data
Trend Dec05 Dec06 Dec07
Total Current Liabilities
- 6.66 16.90

Nascent Wine Co Quarterly Data
Jun05 Sep05 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08
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 13.10 16.90 18.91 7.05 8.91

Nascent Wine Co Total Current Liabilities Calculation

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

Nascent Wine Co's Total Current Liabilities for the fiscal year that ended in Dec. 2007 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=6.967+9.928
+Other Current Liabilities+Current Deferred Liabilities
=0+0
=16.90

Nascent Wine Co's Total Current Liabilities for the quarter that ended in Sep. 2008 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=3.671+1.711
+Other Current Liabilities+Current Deferred Liabilities
=3.334+0.195
=8.91

* 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

Nascent Wine Co Total Current Liabilities Related Terms

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

Nascent Wine Co (Nascent Wine Co) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Nascent Wine Co Inc (OTCPK:NCTW) » Definitions » Total Current Liabilities
Comparable Companies
TGRR THST ESDID BORN WVVI CWGL ROX ADWPF BDEYF CRBBF BVDRF VCO REMYF TSRYY DVDCY TBVPF BF.B BCCLF PDRDY STZ
Traded in Other Exchanges
N/A
Address
12055 East Broadway Boulevard, Tucson, AZ, USA, 85748
Website
http://www.pianconegroup.com
Nascent Wine Co Inc engages in the distribution of food and non-food products. It distributes a full line of frozen foods, such as meats, fully prepared entrees & desserts, and a full line of canned and dry goods, fresh meats and imported specialties.
Executives
Jgd Management Corp /ny director, 10 percent owner 767 FIFTH AVENUE, 17TH FLOOR, NEW YORK NY 10153
James E Buckman director YORK CAPITAL MANAGEMENT, 767 5TH AVENUE - 17TH FLOOR, NEW YORK NY 10153

Nascent Wine Co (Nascent Wine Co) Headlines

No Headlines