SCCI (Shimmick Construction Company) Total Current Liabilities: $156.79 Mil (As of Jun. 2015)


What is Shimmick Construction Company Total Current Liabilities?

Shimmick Construction Company SCCI Total Current Liabilities is $156.79 Mil as of Jun. 2015.

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. Shimmick Construction Company's total current liabilities for the quarter that ended in Jun. 2015 was $156.79

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Aggressive banks (like Bank of America) has $2.09 short term for every dollar long term

Shimmick Construction Company Total Current Liabilities Related Terms

Shimmick Construction Company Total Current Liabilities Historical Data

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The historical data trend for Shimmick Construction Company'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.

Shimmick Construction Company Total Current Liabilities Chart

Shimmick Construction Company Annual Data
Trend Dec13 Dec14
Total Current Liabilities
110.18 132.01

Shimmick Construction Company Semi-Annual Data
Dec13 Jun14 Dec14 Jun15
Total Current Liabilities 110.18 0.00 132.01 156.79

Shimmick Construction Company Total Current Liabilities Calculation

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

Shimmick Construction Company's Total Current Liabilities for the fiscal year that ended in Dec. 2014 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=78.577+2.636
+Other Current Liabilities+Current Deferred Liabilities
=50.794+0
=132.01

Shimmick Construction Company's Total Current Liabilities for the quarter that ended in Jun. 2015 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=86.927+7.132
+Other Current Liabilities+Current Deferred Liabilities
=62.732+0
=156.79

* 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 $156.79 Mil mean?
Shimmick Construction Company (SCCI) has a Total Current Liabilities of $156.79 Mil as of Jun. 2015. The total amount of liabilities with maturity less than one year as recorded on a company's balance sheet. View historical data for Shimmick Construction Company and its competitors.
Is Shimmick Construction Company's Total Current Liabilities too high?
Shimmick Construction Company's current Total Current Liabilities is $156.79 Mil.
How does Shimmick Construction Company's Total Current Liabilities compare to TSSI and SWMM?
Shimmick Construction Company's Total Current Liabilities of $156.79 Mil can be compared against companies in the Construction 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 a Construction company?
A good Total Current Liabilities depends on the Construction 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 Shimmick Construction Company and its competitors. Shimmick Construction Company's current Total Current Liabilities is $156.79 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shimmick Construction Company stock overvalued right now?
Shimmick Construction Company (SCCI) has a current Total Current Liabilities of $156.79 Mil. The current Total Current Liabilities is $156.79 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 Shimmick Construction Company (SCCI), the current Total Current Liabilities is $156.79 Mil as of Jun. 2015. 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.

Shimmick Construction Company Business Description

Shimmick Construction Company Inc is a heavy civil construction company founded in 1990. The Company is engaged in construction activities in the western United States, with operations in California. The Company offers general construction, construction management, and design-build services to federal, state, and local public agencies and private customers in California and the Western United States. The Company operates in two segments including construction Projects and Construction Materials. The Construction Projects segment performs construction projects including new construction and improvement of streets, roads, highways, bridges, site work, underground, power-related facilities, utilities and other infrastructure projects. The Construction Materials segment mines and processes aggregates and operates plants that produce construction materials for internal use and for sale to third parties. The Company's customers include Caltrans, City of San Francisco, Port of Long Beach, Port of Los Angeles, City of Los Angeles, LA MTA, BART, VTA, and the Metropolitan Water District of Southern California (MWD). The Company faces competition from competitors including Balfour Beatty plc, Barnard Construction Company, Inc., Dragados S.A., Flatiron Construction Corp., Fluor Corporation, Granite Construction Incorporated, Kiewit Corporation, Obayashi Corporation, Skanska AB, Traylor Bros., Inc., Tutor Perini Corporation, and Walsh Construction Co. The Company's business is subject to various federal, state and local laws and regulations relating to the environment, including those relating to discharges to air, water and land, the handling and disposal of solid and hazardous waste, the handling of underground storage tanks and the cleanup of properties affected by hazardous substances.