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Network 1 Financial Group (Network 1 Financial Group) Total Current Liabilities : $0.46 Mil (As of Mar. 2012)


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What is Network 1 Financial Group Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. Network 1 Financial Group's total current liabilities for the quarter that ended in Mar. 2012 was $0.46


Network 1 Financial Group Total Current Liabilities Historical Data

The historical data trend for Network 1 Financial Group'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.

Network 1 Financial Group Total Current Liabilities Chart

Network 1 Financial Group Annual Data
Trend Dec02 Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Jun09 Jun10 Jun11
Total Current Liabilities
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.01 - 0.47 0.40 0.31

Network 1 Financial Group Quarterly Data
Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12
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 0.34 0.31 0.23 0.32 0.46

Network 1 Financial Group Total Current Liabilities Calculation

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

Network 1 Financial Group's Total Current Liabilities for the fiscal year that ended in Jun. 2011 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=0.253+0.053
+Other Current Liabilities+Current Deferred Liabilities
=0+0
=0.31

Network 1 Financial Group's Total Current Liabilities for the quarter that ended in Mar. 2012 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=0.34+0.123
+Other Current Liabilities+Current Deferred Liabilities
=0+0
=0.46

* 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


Network 1 Financial Group Total Current Liabilities Related Terms

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Network 1 Financial Group (Network 1 Financial Group) Business Description

Traded in Other Exchanges
N/A
Address
2 Bridge Avenue, Suite 241, Red Bank, NJ, USA, 07701
Network 1 Financial Group Inc is registered as a broker-dealer with the Securities and Exchange Commission the State of Texas and various other states. The company's clients include high net worth individuals from many countries, institutional investors, managed pension funds and hedge funds.

Network 1 Financial Group (Network 1 Financial Group) Headlines