Canso Select Opportunities Fund (TSX:SCW.UN) Total Current Liabilities: C$0.15 Mil (As of Jun. 2018)


What is Canso Select Opportunities Fund Total Current Liabilities?

Canso Select Opportunities Fund TSX:SCW.UN Total Current Liabilities is C$0.15 Mil as of Jun. 2018.

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. Canso Select Opportunities Fund's total current liabilities for the quarter that ended in Jun. 2018 was C$0.15


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


Canso Select Opportunities Fund Total Current Liabilities Related Terms


Canso Select Opportunities Fund Total Current Liabilities Historical Data

* Premium members only.

The historical data trend for Canso Select Opportunities Fund'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.

Canso Select Opportunities Fund Total Current Liabilities Chart

Canso Select Opportunities Fund Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17
Total Current Liabilities
58.44 40.98 40.19 0.49 0.28

Canso Select Opportunities Fund Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18
Total Current Liabilities Get a 7-Day Free Trial Premium Member Only Premium Member Only 24.10 0.49 17.93 0.28 0.15

Canso Select Opportunities Fund Total Current Liabilities Calculation

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

Canso Select Opportunities Fund'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
=0.276+0
+Other Current Liabilities+Current Deferred Liabilities
=0+0
=0.28

Canso Select Opportunities Fund's Total Current Liabilities for the quarter that ended in Jun. 2018 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=0.147+0
+Other Current Liabilities+Current Deferred Liabilities
=0+0
=0.15

* 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 C$0.15 Mil mean?
Canso Select Opportunities Fund (TSX:SCW.UN) has a Total Current Liabilities of C$0.15 Mil as of Jun. 2018. The total amount of liabilities with maturity less than one year as recorded on a company's balance sheet. View historical data for Canso Select Opportunities Fund and its competitors.
Is Canso Select Opportunities Fund's Total Current Liabilities too high?
Canso Select Opportunities Fund's current Total Current Liabilities is C$0.15 Mil.
How does Canso Select Opportunities Fund's Total Current Liabilities compare to competitors?
Canso Select Opportunities Fund's Total Current Liabilities of C$0.15 Mil can be compared against companies in the Asset Management 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 an Asset Management company?
A good Total Current Liabilities depends on the Asset Management 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 Canso Select Opportunities Fund and its competitors. Canso Select Opportunities Fund's current Total Current Liabilities is C$0.15 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Canso Select Opportunities Fund stock overvalued right now?
Canso Select Opportunities Fund (TSX:SCW.UN) has a current Total Current Liabilities of C$0.15 Mil. The current Total Current Liabilities is C$0.15 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 Canso Select Opportunities Fund (TSX:SCW.UN), the current Total Current Liabilities is C$0.15 Mil as of Jun. 2018. 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.

Canso Select Opportunities Fund Business Description

Address 4000 - 3080 Yonge Street, Toronto, ON, CAN, M4N 3N1
Canso Select Opportunities Fund is a Canadian closed-end investment fund which seeks to maximize total returns for unitholders and provide attractive monthly cash distributions. The fund invests in an actively managed and diversified portfolio of corporate bonds and equities. The revenue generated by the company includes interest, dividend, accrued interest, income on investment and other income.