TORM (TOR Minerals International) Total Current Liabilities: $5.01 Mil (As of Dec. 2017)

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TORM TOR Minerals International Inc TORM
12 GF Score
Price $2.19
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What is TOR Minerals International Total Current Liabilities?

TOR Minerals International TORM 12 Total Current Liabilities is $5.01 Mil as of Dec. 2017. GuruFocus rates TORM with a GF Score™ of 12/100.

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. TOR Minerals International's total current liabilities for the quarter that ended in Dec. 2017 was $5.01

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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

TOR Minerals International Total Current Liabilities Related Terms

TOR Minerals International Total Current Liabilities Historical Data

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The historical data trend for TOR Minerals 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.

TOR Minerals International Total Current Liabilities Chart

TOR Minerals International Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Total Current Liabilities
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.07 9.93 6.21 4.61 5.01

TOR Minerals International Semi-Annual Data
Dec98 Dec99 Dec00 Dec01 Dec02 Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
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 11.07 9.93 6.21 4.61 5.01
TORM
12GF Score
TOR Minerals International Inc TORM
Total Current Liabilities is just one metric. See GF Score™, valuation, warning signs, and more.
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TOR Minerals 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.

TOR Minerals International's Total Current Liabilities for the fiscal year that ended in Dec. 2017 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=3.904+1.109
+Other Current Liabilities+Current Deferred Liabilities
=0+0
=5.01

TOR Minerals International's Total Current Liabilities for the quarter that ended in Dec. 2017 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=3.904+1.109
+Other Current Liabilities+Current Deferred Liabilities
=0+0
=5.01

* 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 $5.01 Mil mean?
TOR Minerals International (TORM) has a Total Current Liabilities of $5.01 Mil as of Dec. 2017. The total amount of liabilities with maturity less than one year as recorded on a company's balance sheet. View historical data for TOR Minerals International and its competitors.
Is TOR Minerals International's Total Current Liabilities too high?
TOR Minerals International's current Total Current Liabilities is $5.01 Mil. Overall, TOR Minerals International has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does TOR Minerals International's Total Current Liabilities compare to BGLC and CRKN?
TOR Minerals International's Total Current Liabilities of $5.01 Mil can be compared against companies in the Chemicals 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 Chemicals company?
A good Total Current Liabilities depends on the Chemicals 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 TOR Minerals International and its competitors. TOR Minerals International's current Total Current Liabilities is $5.01 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TOR Minerals International stock overvalued right now?
TOR Minerals International (TORM) has a current Total Current Liabilities of $5.01 Mil. The current Total Current Liabilities is $5.01 Mil. TOR Minerals International's overall GF Score™ is 12/100. 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 TOR Minerals International (TORM), the current Total Current Liabilities is $5.01 Mil as of Dec. 2017. 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.

TOR Minerals International Business Description

Address 711 N. Carancahua Street, Suite 1750, Corpus Christi, TX, USA, 78401
TOR Minerals International Inc is engaged in the manufacture and sale of mineral products for use as pigments and extenders, majorly in the manufacture of paints, industrial coatings plastics, and solid surface applications. It has a business presence in the U.S., Pacific Rim; Canada, Mexico and South/Central America; Europe, Africa and the Middle East countries. Some of its products are Aluprem, Hitox and Tioprem, BARTEX and Haltex, among others.
12GF Score

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Total Current Liabilities is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$2.19
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