SofTech (SofTech) Total Liabilities : $1.27 Mil (As of Nov. 2016)

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What is SofTech Total Liabilities?

SofTech's Total Liabilities for the quarter that ended in Nov. 2016 was $1.27 Mil.

SofTech's quarterly Total Liabilities increased from May. 2016 ($3.00 Mil) to Aug. 2016 ($4.59 Mil) but then declined from Aug. 2016 ($4.59 Mil) to Nov. 2016 ($1.27 Mil).

SofTech's annual Total Liabilities declined from May. 2014 ($3.87 Mil) to May. 2015 ($2.66 Mil) but then increased from May. 2015 ($2.66 Mil) to May. 2016 ($3.00 Mil).

SofTech Total Liabilities Historical Data

The historical data trend for SofTech'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.

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SofTech Total Liabilities Chart

SofTech Annual Data

Trend

May06

May07

May08

May09

May11

May12

May13

May14

May15

May16

Total Liabilities

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5.12

6.00

3.87

2.66

3.00

SofTech Quarterly Data
	Feb12	May12	Aug12	Nov12	Feb13	May13	Aug13	Nov13	Feb14	May14	Aug14	Nov14	Feb15	May15	Aug15	Nov15	Feb16	May16	Aug16	Nov16
Total Liabilities	Get a 7-Day Free Trial															4.21	4.43	3.00	4.59	1.27

SofTech 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.

SofTech's Total Liabilities for the fiscal year that ended in May. 2016 is calculated as

Total Liabilities	=	Total Current Liabilities	+	Total Noncurrent Liabilities
	=	Total Current Liabilities	+	(Long-Term Debt & Capital Lease Obligation	+	Other Long-Term Liabilities
	=	2.956	+	(0.039	+	1.4571677198205E-16
	+	NonCurrent Deferred Liabilities	+	PensionAndRetirementBenefit)
	+	0	+	0)
	=	3.00

Total Liabilities	=	Total Assets (A: May. 2016 )	-	Total Equity (A: May. 2016 )
	=	3.115	-	0.12
	=	3.00

SofTech's Total Liabilities for the quarter that ended in Nov. 2016 is calculated as

Total Liabilities	=	Total Current Liabilities	+	Total Noncurrent Liabilities
	=	Total Current Liabilities	+	(Long-Term Debt & Capital Lease Obligation	+	Other Long-Term Liabilities
	=	1.037	+	(0.027	+	0.21
	+	NonCurrent Deferred Liabilities	+	PensionAndRetirementBenefit)
	+	0	+	0)
	=	1.27

Total Liabilities	=	Total Assets (Q: Nov. 2016 )	-	Total Equity (Q: Nov. 2016 )
	=	2.58	-	1.306
	=	1.27

SofTech Total Liabilities Related Terms

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SofTech (SofTech) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » SofTech Inc (OTCPK:SOFT) » Definitions » Total Liabilities

Comparable Companies

Traded in Other Exchanges

N/A

Address

650 Suffolk Street, Suite 415, Lowell, MA, USA, 01854

Website

http://www.softech.com

SofTech Inc is engaged in the development, marketing, distribution and support of computer software solutions that enable companies to manage the lifecycle of their products from conception through design and manufacture, to service and disposal. The company's service offerings include consulting, training and discrete engineering services. These solutions include software technology offerings for computer-aided design, and product data management and collaboration technologies. In addition, the company offers a technology platform that allows data exchange between various third-party technology offerings known as the company's connector offering.

Executives

Joseph Patrick Daly	10 percent owner	497 CIRCLE FREEWAY, CINCINNATI OH 45246
J Phillip Cooper	director

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