Zitto (ZTTO) Total Liabilities: $0.48 Mil (As of May. 2014)


What is Zitto Total Liabilities?

Zitto ZTTO Total Liabilities is $0.48 Mil as of May. 2014.

Zitto's Total Liabilities for the quarter that ended in May. 2014 was $0.48 Mil.

Zitto's quarterly Total Liabilities increased from Nov. 2013 ($1.06 Mil) to Feb. 2014 ($1.23 Mil) but then declined from Feb. 2014 ($1.23 Mil) to May. 2014 ($0.48 Mil).

Zitto's annual Total Liabilities increased from Aug. 2011 ($0.05 Mil) to Aug. 2012 ($0.09 Mil) and increased from Aug. 2012 ($0.09 Mil) to Aug. 2013 ($0.25 Mil).

Zitto Total Liabilities Historical Data

* Premium members only.

The historical data trend for Zitto'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.

Zitto Total Liabilities Chart

Zitto Annual Data
Trend Aug10 Aug11 Aug12 Aug13
Total Liabilities
0.01 0.05 0.09 0.25

Zitto Quarterly Data
Aug10 Nov10 Feb11 May11 Aug11 Nov11 Feb12 May12 Aug12 Nov12 Feb13 May13 Aug13 Nov13 Feb14 May14
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 0.23 0.25 1.06 1.23 0.48

Zitto 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.

Zitto's Total Liabilities for the fiscal year that ended in Aug. 2013 is calculated as

Total Liabilities=Total Current Liabilities+Total Noncurrent Liabilities
=Total Current Liabilities+(Long-Term Debt & Capital Lease Obligation+Other Long-Term Liabilities
=0.25+(0+0
+NonCurrent Deferred Liabilities+PensionAndRetirementBenefit+NonCurrent Deferred Income Tax)
+0+0+0)
=0.25

Total Liabilities=Total Assets (A: Aug. 2013 )-Total Equity (A: Aug. 2013 )
=0.015--0.235
=0.25

Zitto's Total Liabilities for the quarter that ended in May. 2014 is calculated as

Total Liabilities=Total Current Liabilities+Total Noncurrent Liabilities
=Total Current Liabilities+(Long-Term Debt & Capital Lease Obligation+Other Long-Term Liabilities
=0.482+(0+0
+NonCurrent Deferred Liabilities+PensionAndRetirementBenefit+NonCurrent Deferred Income Tax)
+0+0+0)
=0.48

Total Liabilities=Total Assets (Q: May. 2014 )-Total Equity (Q: May. 2014 )
=0.107--0.375
=0.48

* 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 $0.48 Mil mean?
Zitto (ZTTO) has a Total Liabilities of $0.48 Mil as of May. 2014. The total amount of liabilities as recorded on a company's balance sheet. View historical data for Zitto and its competitors.
Is Zitto's Total Liabilities too high?
Zitto's current Total Liabilities is $0.48 Mil.
How does Zitto's Total Liabilities compare to AHAD and BLAIF?
Zitto's Total Liabilities of $0.48 Mil can be compared against companies in the Diversified Financial Services 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 Diversified Financial Services company?
A good Total Liabilities depends on the Diversified Financial Services 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 Zitto and its competitors. Zitto's current Total Liabilities is $0.48 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zitto stock overvalued right now?
Zitto (ZTTO) has a current Total Liabilities of $0.48 Mil. The current Total Liabilities is $0.48 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 Zitto (ZTTO), the current Total Liabilities is $0.48 Mil as of May. 2014. 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.

Zitto Business Description

Address 807 E 12th Street, Suite 112, Los Angeles, CA, USA, 90021
Zitto Inc is engaged in the wholesale distribution of women's apparel.