GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » South Beach Spirits Inc (OTCPK:SBES) » Definitions » Total Current Liabilities

South Beach Spirits (South Beach Spirits) Total Current Liabilities : $0.15 Mil (As of Feb. 2018)


View and export this data going back to 2014. Start your Free Trial

What is South Beach Spirits Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. South Beach Spirits's total current liabilities for the quarter that ended in Feb. 2018 was $0.15


South Beach Spirits Total Current Liabilities Historical Data

The historical data trend for South Beach Spirits'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.

South Beach Spirits Total Current Liabilities Chart

South Beach Spirits Annual Data
Trend Feb13 Feb14 Feb15 Feb16 Feb17 Feb18
Total Current Liabilities
Get a 7-Day Free Trial 0.02 0.01 1.43 0.27 0.15

South Beach Spirits Semi-Annual Data
Feb13 Feb14 Feb15 Feb16 Feb17 Feb18
Total Current Liabilities Get a 7-Day Free Trial 0.02 0.01 1.43 0.27 0.15

South Beach Spirits Total Current Liabilities Calculation

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

South Beach Spirits's Total Current Liabilities for the fiscal year that ended in Feb. 2018 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=0.15+0
+Other Current Liabilities+Current Deferred Liabilities
=0+0
=0.15

South Beach Spirits's Total Current Liabilities for the quarter that ended in Feb. 2018 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=0.15+0
+Other Current Liabilities+Current Deferred Liabilities
=0+0
=0.15

* 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


South Beach Spirits Total Current Liabilities Related Terms

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


South Beach Spirits (South Beach Spirits) Business Description

Traded in Other Exchanges
N/A
Address
8913 Regents Park Drive, No.550, Tampa, FL, USA, 33401
South Beach Spirits Inc is a Florida based company. The company is engaged in the development, marketing, and distribution of alcoholic beverage. It distributes traditional and flavored vodka under the brand V Georgio Vodka.

South Beach Spirits (South Beach Spirits) Headlines

No Headlines