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Amica Mature Lifestyles (TSX:ACC) Total Current Liabilities : C$260.8 Mil (As of Aug. 2015)


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What is Amica Mature Lifestyles Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. Amica Mature Lifestyles's total current liabilities for the quarter that ended in Aug. 2015 was C$260.8


Amica Mature Lifestyles Total Current Liabilities Historical Data

The historical data trend for Amica Mature Lifestyles'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.

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Amica Mature Lifestyles Total Current Liabilities Chart

Amica Mature Lifestyles Annual Data
Trend May06 May07 May08 May09 May10 May11 May12 May13 May14 May15
Total Current Liabilities
Get a 7-Day Free Trial Premium Member Only Premium Member Only 47.93 100.19 314.12 273.32 250.19

Amica Mature Lifestyles Quarterly Data
Nov10 Feb11 May11 Aug11 Nov11 Feb12 May12 Aug12 Nov12 Feb13 May13 Aug13 Nov13 Feb14 May14 Aug14 Nov14 Feb15 May15 Aug15
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 297.51 261.56 255.34 250.19 260.76

Amica Mature Lifestyles Total Current Liabilities Calculation

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

Amica Mature Lifestyles's Total Current Liabilities for the fiscal year that ended in May. 2015 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=15.239+225.82
+Other Current Liabilities+Current Deferred Liabilities
=9.127+0
=250.2

Amica Mature Lifestyles's Total Current Liabilities for the quarter that ended in Aug. 2015 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=15.499+235.523
+Other Current Liabilities+Current Deferred Liabilities
=9.741+0
=260.8

* 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


Amica Mature Lifestyles Total Current Liabilities Related Terms

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Amica Mature Lifestyles (TSX:ACC) Business Description

Traded in Other Exchanges
N/A
Address
Amica Mature Lifestyles Inc was incorporated on November 5, 1996 under the Business Corporations Act (Alberta) and on December 7, 1998, was continued under the Canada Business Corporations Act. The Company is engaged in the design, development, marketing, management and ownership of luxury seniors residences. The Company earns revenues from the ownership and operation of senior residences, management fees based on gross revenue of the seniors residences, design and marketing fees during the development, construction and lease-up of the seniors residences, guarantee fees on the co-tenancy debt that the Company has guaranteed and interest income on loans advanced by the Company to the co-tenancies.

Amica Mature Lifestyles (TSX:ACC) Headlines

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