UVSE (Universal Energy) Total Current Liabilities: $2.34 Mil (As of Sep. 2009)


What is Universal Energy Total Current Liabilities?

Universal Energy UVSE -98.00% Total Current Liabilities is $2.34 Mil as of Sep. 2009.

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. Universal Energy's total current liabilities for the quarter that ended in Sep. 2009 was $2.34

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

Universal Energy Total Current Liabilities Related Terms

Universal Energy Total Current Liabilities Historical Data

* Premium members only.

The historical data trend for Universal Energy'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.

Universal Energy Total Current Liabilities Chart

Universal Energy Annual Data
Trend Dec03 Dec04 Dec05 Dec06 Dec07 Dec08
Total Current Liabilities
Get a 7-Day Free Trial 0.05 0.09 0.09 13.60 3.18

Universal Energy Quarterly Data
Dec04 Mar05 Jun05 Sep05 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09
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 6.85 3.18 3.68 4.29 2.34

Universal Energy Total Current Liabilities Calculation

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

Universal Energy's Total Current Liabilities for the fiscal year that ended in Dec. 2008 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=0.464+2.719
+Other Current Liabilities+Current Deferred Liabilities
=0+0
=3.18

Universal Energy's Total Current Liabilities for the quarter that ended in Sep. 2009 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=0.499+1.846
+Other Current Liabilities+Current Deferred Liabilities
=-0.0010000000000003+0
=2.34

* 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 $2.34 Mil mean?
Universal Energy (UVSE) has a Total Current Liabilities of $2.34 Mil as of Sep. 2009. The total amount of liabilities with maturity less than one year as recorded on a company's balance sheet. View historical data for Universal Energy and its competitors.
Is Universal Energy's Total Current Liabilities too high?
Universal Energy's current Total Current Liabilities is $2.34 Mil.
How does Universal Energy's Total Current Liabilities compare to CEI and MKSEF?
Universal Energy's Total Current Liabilities of $2.34 Mil can be compared against companies in the Oil & Gas 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 Oil & Gas company?
A good Total Current Liabilities depends on the Oil & Gas 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 Universal Energy and its competitors. Universal Energy's current Total Current Liabilities is $2.34 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Universal Energy stock overvalued right now?
Universal Energy (UVSE) has a current Total Current Liabilities of $2.34 Mil. The current Total Current Liabilities is $2.34 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 Universal Energy (UVSE), the current Total Current Liabilities is $2.34 Mil as of Sep. 2009. 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.

Universal Energy Business Description

Industry EnergyOil & Gas
Address 1540 International Parkway, Suite 200, Lake Mary, FL, USA, 32746
Universal Energy Corp is an independent energy company engaged in the acquisition and development of crude oil and natural gas leases in the United States and Canada.