SPGZ (Spectrum Group International) Total Current Liabilities: $252 Mil (As of Dec. 2013)


What is Spectrum Group International Total Current Liabilities?

Spectrum Group International SPGZ Total Current Liabilities is $252 Mil as of Dec. 2013.

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. Spectrum Group International's total current liabilities for the quarter that ended in Dec. 2013 was $252

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

Spectrum Group International Total Current Liabilities Related Terms

Spectrum Group International Total Current Liabilities Historical Data

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The historical data trend for Spectrum Group International'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.

Spectrum Group International Total Current Liabilities Chart

Spectrum Group International Annual Data
Trend Jun02 Jun03 Jun04 Jun05 Jun08 Jun09 Jun10 Jun11 Jun12 Jun13
Total Current Liabilities
Get a 7-Day Free Trial Premium Member Only Premium Member Only 126.86 138.81 249.73 273.58 272.59

Spectrum Group International Quarterly Data
Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only 246.41 198.77 272.59 257.79 251.88

Spectrum Group International Total Current Liabilities Calculation

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

Spectrum Group International's Total Current Liabilities for the fiscal year that ended in Jun. 2013 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=36.772+139.572
+Other Current Liabilities+Current Deferred Liabilities
=50.23+46.011
=273

Spectrum Group International's Total Current Liabilities for the quarter that ended in Dec. 2013 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=31.365+136.807
+Other Current Liabilities+Current Deferred Liabilities
=43.263+40.442
=252

* 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 $252 Mil mean?
Spectrum Group International (SPGZ) has a Total Current Liabilities of $252 Mil as of Dec. 2013. The total amount of liabilities with maturity less than one year as recorded on a company's balance sheet. View historical data for Spectrum Group International and its competitors.
Is Spectrum Group International's Total Current Liabilities too high?
Spectrum Group International's current Total Current Liabilities is $252 Mil.
How does Spectrum Group International's Total Current Liabilities compare to KIRK and LIVE?
Spectrum Group International's Total Current Liabilities of $252 Mil can be compared against companies in the Retail - Cyclical 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 Retail - Cyclical company?
A good Total Current Liabilities depends on the Retail - Cyclical 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 Spectrum Group International and its competitors. Spectrum Group International's current Total Current Liabilities is $252 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Spectrum Group International stock overvalued right now?
Spectrum Group International (SPGZ) has a current Total Current Liabilities of $252 Mil. The current Total Current Liabilities is $252 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 Spectrum Group International (SPGZ), the current Total Current Liabilities is $252 Mil as of Dec. 2013. 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.

Spectrum Group International Business Description

Address 1063 McGaw Avenue, Suite 250, Irvine, CA, USA, 92614
Spectrum Group International Inc is an auctioneer of stamps, coins, arms, armor and militaria, and other memorabilia, targeting both collectors and dealers. It operates in two segments: Trading and Collectibles.