GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » SMSA Treemont Acquisition Corp (OTCPK:SAQU) » Definitions » Total Current Liabilities

SMSA Treemont Acquisition (SMSA Treemont Acquisition) Total Current Liabilities : $47.45 Mil (As of Jun. 2012)


View and export this data going back to 2011. Start your Free Trial

What is SMSA Treemont Acquisition Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. SMSA Treemont Acquisition's total current liabilities for the quarter that ended in Jun. 2012 was $47.45

SMSA Treemont Acquisition Total Current Liabilities Historical Data

The historical data trend for SMSA Treemont Acquisition'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.

SMSA Treemont Acquisition Total Current Liabilities Chart

SMSA Treemont Acquisition Annual Data
Trend Dec09 Dec10 Dec11
Total Current Liabilities
0.01 12.75 30.13

SMSA Treemont Acquisition Quarterly Data
Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12
Total Current Liabilities Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 12.39 21.97 30.13 38.01 47.45

SMSA Treemont Acquisition Total Current Liabilities Calculation

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

SMSA Treemont Acquisition'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
=5.413+24.362
+Other Current Liabilities+Current Deferred Liabilities
=0.355+0
=30.13

SMSA Treemont Acquisition's Total Current Liabilities for the quarter that ended in Jun. 2012 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=10.804+35.811
+Other Current Liabilities+Current Deferred Liabilities
=0.838+0
=47.45

* 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

SMSA Treemont Acquisition Total Current Liabilities Related Terms

Thank you for viewing the detailed overview of SMSA Treemont Acquisition's Total Current Liabilities provided by GuruFocus.com. Please click on the following links to see related term pages.

SMSA Treemont Acquisition (SMSA Treemont Acquisition) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » SMSA Treemont Acquisition Corp (OTCPK:SAQU) » Definitions » Total Current Liabilities
Comparable Companies
VCAN CIIT LWLW HKEB FWLAF CPKA UPDC FRMC MUSS MGHL ANSU HRVOF GNTW BLKE ITDN SCPD ZMWYF GLBB HLLY SRRYD
Traded in Other Exchanges
N/A
Address
Website
SMSA Treemont Acquisition Corp's current business plan is to seek to identify a privately-held operating company desiring to become a publicly held company by merging with us through a reverse merger or acquisition.
Executives
Timothy P Halter director, 10 percent owner, officer: CEO, Pres, CFO, Chairman, Secy 174 FM 1830, ARGYLE TX 76226
George L Diamond 10 percent owner 174 FM 1830, ARGYLE TX 76226
David F Brigante 10 percent owner 174FM 1830, ARGYLE TX 76226
Marat Rosenberg 10 percent owner 17 FM 1830, ARGYLE TX 76226
Halter Financial Investments Lp 10 percent owner 174 FM 1830, ARGYLE TX 76226
Halter Financial Investments Gp Llc 10 percent owner 174 FM 1830, ARGYLE TX 76226

SMSA Treemont Acquisition (SMSA Treemont Acquisition) Headlines

No Headlines