POOSF (Poseidon Concepts) Total Current Liabilities: $37.9 Mil (As of Sep. 2012)


What is Poseidon Concepts Total Current Liabilities?

Poseidon Concepts POOSF -90.00% Total Current Liabilities is $37.9 Mil as of Sep. 2012.

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. Poseidon Concepts's total current liabilities for the quarter that ended in Sep. 2012 was $37.9

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

Poseidon Concepts Total Current Liabilities Related Terms

Poseidon Concepts Total Current Liabilities Historical Data

* Premium members only.

The historical data trend for Poseidon Concepts'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.

Poseidon Concepts Total Current Liabilities Chart

Poseidon Concepts Annual Data
Trend Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11
Total Current Liabilities
Get a 7-Day Free Trial 22.20 38.56 47.53 61.28 82.22

Poseidon Concepts Quarterly Data
Dec05 Dec06 Dec07 Dec08 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12
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 89.97 82.22 35.32 36.92 37.93

Poseidon Concepts Total Current Liabilities Calculation

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

Poseidon Concepts's Total Current Liabilities for the fiscal year that ended in Dec. 2011 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=54.504+27.72
+Other Current Liabilities+Current Deferred Liabilities
=1.4210854715202E-14+0
=82.2

Poseidon Concepts's Total Current Liabilities for the quarter that ended in Sep. 2012 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=37.93+0
+Other Current Liabilities+Current Deferred Liabilities
=0+0
=37.9

* 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.

What does a Total Current Liabilities of $37.9 Mil mean?
Poseidon Concepts (POOSF) has a Total Current Liabilities of $37.9 Mil as of Sep. 2012. The total amount of liabilities with maturity less than one year as recorded on a company's balance sheet. View historical data for Poseidon Concepts and its competitors.
Is Poseidon Concepts' Total Current Liabilities too high?
Poseidon Concepts' current Total Current Liabilities is $37.9 Mil.
How does Poseidon Concepts' Total Current Liabilities compare to FLSS and BRS?
Poseidon Concepts' Total Current Liabilities of $37.9 Mil can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Current Liabilities for an Oil & Gas company?
A good Total Current Liabilities depends on the Oil & Gas industry context. However, Total Current Liabilities should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Total Current Liabilities mean?
A high Total Current Liabilities can signal that a stock is expensive relative to its fundamentals. The total amount of liabilities with maturity less than one year as recorded on a company's balance sheet. View historical data for Poseidon Concepts and its competitors. Poseidon Concepts's current Total Current Liabilities is $37.9 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Poseidon Concepts stock overvalued right now?
Poseidon Concepts (POOSF) has a current Total Current Liabilities of $37.9 Mil. The current Total Current Liabilities is $37.9 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Current Liabilities calculated?
Total Current Liabilities is calculated from a company's financial statements. For Poseidon Concepts (POOSF), the current Total Current Liabilities is $37.9 Mil as of Sep. 2012. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Poseidon Concepts Business Description

Industry EnergyOil & Gas
Address 645 - 7th Avenue SW, Suite 1200, Calgary, AB, CAN, T2P 4G8
Poseidon Concepts Corp is a customer-focused provider of safe fluid handling solutions to the oil and natural gas sector across North America.