XFTB (XFit Brands) Total Current Liabilities: $1.01 Mil (As of Dec. 2016)


What is XFit Brands Total Current Liabilities?

XFit Brands XFTB Total Current Liabilities is $1.01 Mil as of Dec. 2016.

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. XFit Brands's total current liabilities for the quarter that ended in Dec. 2016 was $1.01

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

XFit Brands Total Current Liabilities Related Terms

XFit Brands Total Current Liabilities Historical Data

* Premium members only.

The historical data trend for XFit Brands'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.

XFit Brands Total Current Liabilities Chart

XFit Brands Annual Data
Trend Jun14 Jun15 Jun16
Total Current Liabilities
0.34 0.91 1.26

XFit Brands Quarterly Data
Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16
Total Current Liabilities Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.01 1.05 1.26 1.41 1.01

XFit Brands Total Current Liabilities Calculation

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

XFit Brands's Total Current Liabilities for the fiscal year that ended in Jun. 2016 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=0.991+0.035
+Other Current Liabilities+Current Deferred Liabilities
=0.109+0.129
=1.26

XFit Brands's Total Current Liabilities for the quarter that ended in Dec. 2016 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=0.71+0.035
+Other Current Liabilities+Current Deferred Liabilities
=0.009+0.254
=1.01

* 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 $1.01 Mil mean?
XFit Brands (XFTB) has a Total Current Liabilities of $1.01 Mil as of Dec. 2016. The total amount of liabilities with maturity less than one year as recorded on a company's balance sheet. View historical data for XFit Brands and its competitors.
Is XFit Brands' Total Current Liabilities too high?
XFit Brands' current Total Current Liabilities is $1.01 Mil.
How does XFit Brands' Total Current Liabilities compare to WESC and QSMG?
XFit Brands' Total Current Liabilities of $1.01 Mil can be compared against companies in the Travel & Leisure 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 Travel & Leisure company?
A good Total Current Liabilities depends on the Travel & Leisure 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 XFit Brands and its competitors. XFit Brands's current Total Current Liabilities is $1.01 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is XFit Brands stock overvalued right now?
XFit Brands (XFTB) has a current Total Current Liabilities of $1.01 Mil. The current Total Current Liabilities is $1.01 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 XFit Brands (XFTB), the current Total Current Liabilities is $1.01 Mil as of Dec. 2016. 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.

XFit Brands Business Description

Address 25731 Commercentre Drive, Lake Forest, CA, USA, 92630
XFit Brands Inc is active in the leisure industry. Its activities include design, development, and worldwide marketing and selling of functional equipment, training gear, apparel, and accessories for the impact sports market and fitness industry. Its products span the Impact Sports, Mixed Martial Arts (MMA), High and low impact fitness and Cross Training, and other Action Sports and are marketed and sold under the Throwdown, XFit Brands, and Transformations brand names.