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Puradyn Filter Technologies (Puradyn Filter Technologies) Total Current Liabilities : $3.86 Mil (As of Dec. 2019)


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What is Puradyn Filter Technologies Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. Puradyn Filter Technologies's total current liabilities for the quarter that ended in Dec. 2019 was $3.86


Puradyn Filter Technologies Total Current Liabilities Historical Data

The historical data trend for Puradyn Filter Technologies'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.

Puradyn Filter Technologies Total Current Liabilities Chart

Puradyn Filter Technologies Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Total Current Liabilities
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.01 9.28 10.27 2.91 3.86

Puradyn Filter Technologies Quarterly Data
Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19
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 2.91 3.07 3.41 3.54 3.86

Puradyn Filter Technologies Total Current Liabilities Calculation

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

Puradyn Filter Technologies's Total Current Liabilities for the fiscal year that ended in Dec. 2019 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=0.912+1.406
+Other Current Liabilities+Current Deferred Liabilities
=-4.4408920985006E-16+1.542
=3.86

Puradyn Filter Technologies's Total Current Liabilities for the quarter that ended in Dec. 2019 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=0.912+1.406
+Other Current Liabilities+Current Deferred Liabilities
=-4.4408920985006E-16+1.542
=3.86

* 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


Puradyn Filter Technologies Total Current Liabilities Related Terms

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Puradyn Filter Technologies (Puradyn Filter Technologies) Business Description

Traded in Other Exchanges
N/A
Address
2017 High Ridge Road, Boynton Beach, FL, USA, 33426
Puradyn Filter Technologies Inc involves in designing manufactures and distributes Puradyn oil filtration system. Its product is used for all combustion engines and hydraulic equipment that use lubricating oil. The filtration system primarily cleans oil by providing a second circuit of oil filtration and provides treatment to continually remove solid, liquid and gaseous contaminants from the oil through filtration and evaporation process. The filtration system is offered in two models namely MTS and a custom engineered hydraulic system. The company markets its product and generates revenue from across the globe.
Executives
Kevin G Kroger director, officer: President, Chief Operating Off 4305 CHERRY HILL E. ORCHARD LAKE MI 48323
Edward Vittoria director, 10 percent owner, officer: Chief Executive Officer C/O 2017 HIGH RIDGE ROAD BOYNTON BEACH FL 33426
John S Caldwell director 7902 SOUTH RUN VIEW, SPRINGFIELD VA 22153
Joseph V Vittoria director, 10 percent owner, officer: Executive Chairman of Board P O BOX 66100 WHQLD CHICAGO IL 60666
Alan J Sandler officer: Vice President and CAO 21621 MAGDALENA TERRACE BOCA RATON FL 33433
Dominick A Telesco director 150 VIA BELLARIA PALM BEACH FL 33480
Forrest Duane Hayes other: Former director 56 WEXFORD ON THE GREEN HILTON HEAD ISLAND SC 29928
Charles W Walton director 25800 SCIENCE PARK DRIVE, SUITE 140 BEACHWOOD OH 44122
Cindy Lea Gimler officer: Chief Financial Officer 10779 CAMBAY CIRCLE BOYNTON BEACH FL 33437
Kathryn Ann Morris other: Director of Corp Communic. 52 BAYTREE CIRCLE BOYNTON BEACH FL 33436
Doris W Clifton officer: VP Sales and Marketing 7298 WILLIAMSON RD DALLAS TX 75214
Richard C Ford director, 10 percent owner
Glenhill Advisors Llc 10 percent owner 600 FIFTH AVE, 11TH FL, NEW YORK NY 10020
Glenn J Krevlin 10 percent owner 600 FIFTH AVE, 11TH FL, NEW YORK NY 10020
Peter H Stephaich director 525 WILLIAM PENN PL STE 3901 PITTSBURGH PA 15219

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