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SeaDragon (NZSE:SEA) Total Current Liabilities : NZ$2.47 Mil (As of Sep. 2019)


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What is SeaDragon Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. SeaDragon's total current liabilities for the quarter that ended in Sep. 2019 was NZ$2.47


SeaDragon Total Current Liabilities Historical Data

The historical data trend for SeaDragon'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.

SeaDragon Total Current Liabilities Chart

SeaDragon Annual Data
Trend Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20
Total Current Liabilities
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.21 2.53 3.82 2.47 1.84

SeaDragon Semi-Annual Data
Sep10 Mar11 Sep11 Mar12 Sep12 Mar13 Sep13 Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20
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 3.82 1.77 2.47 2.47 1.84

SeaDragon Total Current Liabilities Calculation

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

SeaDragon's Total Current Liabilities for the fiscal year that ended in Mar. 2020 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=1.478+0.363
+Other Current Liabilities+Current Deferred Liabilities
=0+0
=1.84

SeaDragon's Total Current Liabilities for the quarter that ended in Sep. 2019 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=1.194+1.272
+Other Current Liabilities+Current Deferred Liabilities
=0+0
=2.47

* 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


SeaDragon Total Current Liabilities Related Terms

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SeaDragon (NZSE:SEA) Business Description

Traded in Other Exchanges
N/A
Address
12 Nayland Road, Stoke, Nelson, NZL, 7011
SeaDragon Ltd is engaged in the manufacture of refined fish oils. The Company's products include Omega-2 and Omega-3. Its Omega-2 product is sourced from either animal or vegetable sources and is used in the cosmetics, nutraceutical, pharmaceutical industries, lubrication and in fiber coatings. The Omega-3 products involve tuna and marine-farmed salmon which help in the processing of initial unrefined oils. The company exports its products to various countries, which include Australia, South East and North Asia, Japan, the European Union, China, the United States and Canada.

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