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Patient Access Solutions (Patient Access Solutions) Total Current Liabilities : $0.92 Mil (As of Jul. 2008)


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What is Patient Access Solutions Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. Patient Access Solutions's total current liabilities for the quarter that ended in Jul. 2008 was $0.92

Patient Access Solutions Total Current Liabilities Historical Data

The historical data trend for Patient Access Solutions'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.

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Patient Access Solutions Total Current Liabilities Chart

Patient Access Solutions Annual Data
Trend Oct06 Oct07 Oct08
Total Current Liabilities
- 0.01 1.49

Patient Access Solutions Quarterly Data
Jan07 Apr07 Jul07 Oct07 Jan08 Apr08 Jul08
Total Current Liabilities Get a 7-Day Free Trial - 0.01 0.02 1.28 0.92

Patient Access Solutions Total Current Liabilities Calculation

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

Patient Access Solutions's Total Current Liabilities for the fiscal year that ended in Oct. 2008 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=0.264+1.036
+Other Current Liabilities+Current Deferred Liabilities
=-0.0010000000000001+0.193
=1.49

Patient Access Solutions's Total Current Liabilities for the quarter that ended in Jul. 2008 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=0.068+0.746
+Other Current Liabilities+Current Deferred Liabilities
=0.108+0
=0.92

* 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

Patient Access Solutions Total Current Liabilities Related Terms

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Patient Access Solutions (Patient Access Solutions) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Patient Access Solutions Inc (OTCPK:PASO) » Definitions » Total Current Liabilities
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Traded in Other Exchanges
N/A
Address
150 Veterans Highway, Unit 1124, Commack, NY, USA, 11725
Website
http://www.pashealth.com
Patient Access Solutions Inc is a technology solutions provider focused on service within the healthcare community, with a focus of using technology to facilitate their customers' needs. The company develops and markets the PASHealth Web Portal System.

Patient Access Solutions (Patient Access Solutions) Headlines

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