PJET (Priority Aviation) Total Liabilities: $9.05 Mil (As of Jun. 2011)


What is Priority Aviation Total Liabilities?

Priority Aviation PJET -99.00% Total Liabilities is $9.05 Mil as of Jun. 2011.

Priority Aviation's Total Liabilities for the quarter that ended in Jun. 2011 was $9.05 Mil.

Priority Aviation's quarterly Total Liabilities declined from Dec. 2010 ($9.32 Mil) to Mar. 2011 ($9.01 Mil) but then increased from Mar. 2011 ($9.01 Mil) to Jun. 2011 ($9.05 Mil).

Priority Aviation's annual Total Liabilities increased from Dec. 2008 ($5.52 Mil) to Dec. 2009 ($9.34 Mil) but then declined from Dec. 2009 ($9.34 Mil) to Dec. 2010 ($9.32 Mil).

Priority Aviation Total Liabilities Historical Data

* Premium members only.

The historical data trend for Priority Aviation's Total 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.

Priority Aviation Total Liabilities Chart

Priority Aviation Annual Data
Trend Dec05 Dec06 Dec07 Dec08 Dec09 Dec10
Total Liabilities
Get a 7-Day Free Trial 3.81 4.64 5.52 9.34 9.32

Priority Aviation Quarterly Data
Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11
Total 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 9.50 8.72 9.32 9.01 9.05

Priority Aviation Total Liabilities Calculation

Total Liabilities are the liabilities that the company has to pay others. It is a part of the balance sheet of a company that shareholders do not own, and would be obligated to pay back if the company liquidated.

Priority Aviation's Total Liabilities for the fiscal year that ended in Dec. 2010 is calculated as

Total Liabilities=Total Current Liabilities+Total Noncurrent Liabilities
=Total Current Liabilities+(Long-Term Debt & Capital Lease Obligation+Other Long-Term Liabilities
=9.324+(0+0
+NonCurrent Deferred Liabilities+PensionAndRetirementBenefit+NonCurrent Deferred Income Tax)
+0+0+0)
=9.32

Total Liabilities=Total Assets (A: Dec. 2010 )-Total Equity (A: Dec. 2010 )
=3.821--5.503
=9.32

Priority Aviation's Total Liabilities for the quarter that ended in Jun. 2011 is calculated as

Total Liabilities=Total Current Liabilities+Total Noncurrent Liabilities
=Total Current Liabilities+(Long-Term Debt & Capital Lease Obligation+Other Long-Term Liabilities
=9.053+(0+0
+NonCurrent Deferred Liabilities+PensionAndRetirementBenefit+NonCurrent Deferred Income Tax)
+0+0+0)
=9.05

Total Liabilities=Total Assets (Q: Jun. 2011 )-Total Equity (Q: Jun. 2011 )
=3.312--5.741
=9.05

* 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.

Frequently Asked Questions Learn more about Total Liabilities →
What does a Total Liabilities of $9.05 Mil mean?
Priority Aviation (PJET) has a Total Liabilities of $9.05 Mil as of Jun. 2011. The total amount of liabilities as recorded on a company's balance sheet. View historical data for Priority Aviation and its competitors.
Is Priority Aviation's Total Liabilities too high?
Priority Aviation's current Total Liabilities is $9.05 Mil.
How does Priority Aviation's Total Liabilities compare to PHIIQ and SKAS?
Priority Aviation's Total Liabilities of $9.05 Mil can be compared against companies in the Drug Manufacturers industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Liabilities for a Drug Manufacturers company?
A good Total Liabilities depends on the Drug Manufacturers industry context. However, Total 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 Liabilities mean?
A high Total Liabilities can signal that a stock is expensive relative to its fundamentals. The total amount of liabilities as recorded on a company's balance sheet. View historical data for Priority Aviation and its competitors. Priority Aviation's current Total Liabilities is $9.05 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Priority Aviation stock overvalued right now?
Priority Aviation (PJET) has a current Total Liabilities of $9.05 Mil. The current Total Liabilities is $9.05 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Liabilities calculated?
Total Liabilities is calculated from a company's financial statements. For Priority Aviation (PJET), the current Total Liabilities is $9.05 Mil as of Jun. 2011. 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.

Priority Aviation Business Description

Address 14333 Preston Road, Suite 904, Dallas, TX, USA, 75254
Priority Aviation Inc is working to develop the business model acquired from THC - designer bong waters. The Company is also marketing the waters to a variety of wholesale and retail outlets.