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WestAmerica (WestAmerica) Total Current Liabilities : $1.70 Mil (As of Dec. 2097)


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What is WestAmerica Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. WestAmerica's total current liabilities for the quarter that ended in Dec. 2097 was $1.70


WestAmerica Total Current Liabilities Historical Data

The historical data trend for WestAmerica'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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WestAmerica Total Current Liabilities Chart

WestAmerica Annual Data
Trend Mar90 Mar91 Mar92 Mar93 Mar94 Mar95 Mar96 Mar97
Total Current Liabilities
Get a 7-Day Free Trial 0.30 0.30 0.80 1.50 0.90

WestAmerica Quarterly Data
Mar93 Jun93 Sep93 Dec93 Mar94 Jun94 Sep94 Dec94 Mar95 Jun95 Sep95 Dec95 Mar96 Jun96 Sep96 Dec96 Mar97 Jun97 Sep97 Dec97
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 1.60 0.90 0.70 1.00 1.70

WestAmerica Total Current Liabilities Calculation

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

WestAmerica's Total Current Liabilities for the fiscal year that ended in Mar. 2097 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=0.4+0.1
+Other Current Liabilities+Current Deferred Liabilities
=0.4+0
=0.90

WestAmerica's Total Current Liabilities for the quarter that ended in Dec. 2097 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=0.4+0.1
+Other Current Liabilities+Current Deferred Liabilities
=1.2+0
=1.70

* 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


WestAmerica Total Current Liabilities Related Terms

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