SLDC (Solidus Communications) Total Current Liabilities: $5.16 Mil (As of Nov. 2016)


What is Solidus Communications Total Current Liabilities?

Solidus Communications SLDC -8.33% Total Current Liabilities is $5.16 Mil as of Nov. 2016.

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. Solidus Communications's total current liabilities for the quarter that ended in Nov. 2016 was $5.16

Be Aware

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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

Solidus Communications Total Current Liabilities Related Terms

Solidus Communications Total Current Liabilities Historical Data

* Premium members only.

The historical data trend for Solidus Communications'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.

Solidus Communications Total Current Liabilities Chart

Solidus Communications Annual Data
Trend Nov07 Nov08 Nov09 Nov10 Nov11 Nov12 Nov13 Nov14 Nov15 Nov16
Total Current Liabilities
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.19 4.75 4.97 6.11 5.16

Solidus Communications Semi-Annual Data
Nov07 Nov08 Nov09 Nov10 Nov11 Nov12 Nov13 Nov14 Nov15 Nov16
Total Current Liabilities Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.19 4.75 4.97 6.11 5.16

Solidus Communications Total Current Liabilities Calculation

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

Solidus Communications's Total Current Liabilities for the fiscal year that ended in Nov. 2016 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=2.287+2.742
+Other Current Liabilities+Current Deferred Liabilities
=0.133+0
=5.16

Solidus Communications's Total Current Liabilities for the quarter that ended in Nov. 2016 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=2.287+2.742
+Other Current Liabilities+Current Deferred Liabilities
=0.133+0
=5.16

* 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 $5.16 Mil mean?
Solidus Communications (SLDC) has a Total Current Liabilities of $5.16 Mil as of Nov. 2016. The total amount of liabilities with maturity less than one year as recorded on a company's balance sheet. View historical data for Solidus Communications and its competitors.
Is Solidus Communications' Total Current Liabilities too high?
Solidus Communications' current Total Current Liabilities is $5.16 Mil.
How does Solidus Communications' Total Current Liabilities compare to HMMR and DTGI?
Solidus Communications' Total Current Liabilities of $5.16 Mil can be compared against companies in the Telecommunication Services 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 Telecommunication Services company?
A good Total Current Liabilities depends on the Telecommunication Services 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 Solidus Communications and its competitors. Solidus Communications's current Total Current Liabilities is $5.16 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Solidus Communications stock overvalued right now?
Solidus Communications (SLDC) has a current Total Current Liabilities of $5.16 Mil. The current Total Current Liabilities is $5.16 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 Solidus Communications (SLDC), the current Total Current Liabilities is $5.16 Mil as of Nov. 2016. 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.

Solidus Communications Business Description

Address 260 Williamson Boulevard, Unit 731544, Ormond Beach, FL, USA, 32174
Solidus Communications Inc provides Voice over IP, wired and fixed wireless Internet service to home owner communities, and also provides hosting and software design services. The company along with its subsidiaries provides various integrated products and services under the Wireless Florida, WiFIBER, Advanced Satellite Systems, and Air2Land brands to business and residential customers in the United States and internationally. It operates in two segments; Business and Residential. The Company has two subsidiary, Advanced Satellite Systems, Inc., and Illumivation Labs, Inc.