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Extreme Biodiesel (Extreme Biodiesel) Total Current Liabilities : $0.29 Mil (As of Jun. 2012)


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What is Extreme Biodiesel Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. Extreme Biodiesel's total current liabilities for the quarter that ended in Jun. 2012 was $0.29


Extreme Biodiesel Total Current Liabilities Historical Data

The historical data trend for Extreme Biodiesel'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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Extreme Biodiesel Total Current Liabilities Chart

Extreme Biodiesel Annual Data
Trend Jun09 Jun10 Jun11
Total Current Liabilities
0.03 0.24 0.24

Extreme Biodiesel Semi-Annual Data
Jun09 Jun10 Jun11 Jun12
Total Current Liabilities 0.03 0.24 0.24 0.29

Extreme Biodiesel Total Current Liabilities Calculation

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

Extreme Biodiesel's Total Current Liabilities for the fiscal year that ended in Jun. 2011 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=0.163+0.074
+Other Current Liabilities+Current Deferred Liabilities
=0.001+0.005
=0.24

Extreme Biodiesel's Total Current Liabilities for the quarter that ended in Jun. 2012 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=0.199+0.076
+Other Current Liabilities+Current Deferred Liabilities
=0.0049999999999999+0.005
=0.29

* 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


Extreme Biodiesel Total Current Liabilities Related Terms

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Extreme Biodiesel (Extreme Biodiesel) Business Description

Traded in Other Exchanges
N/A
Address
153 West Lake Mead Parkway, Suite 2240, Henderson, NV, USA, 89015
Extreme Biodiesel Inc is engaged in the acquisition, development and sales of residential real estate in Idaho.
Executives
Joseph Jay Spadafore director, officer: SECRETARY 20315 AVENIDA DE ARBOLES, MURRIETA CA 92562
Richard Brian Carter director, officer: PRESIDENT 2721 VIA VISTOSA, SAN CLEMENTE CA 92675
Frank Rossana 10 percent owner 1350 W HORIZON RIDGE DR. #1922, HENDERSON NV 89014
Steve Hayden 10 percent owner 1560 MAPLE STREET, CARONA CA 92880
Ronald Davis 10 percent owner 4412 8TH STREET SW, VERO BEACH FL 32968

Extreme Biodiesel (Extreme Biodiesel) Headlines

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