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American Residential Properties (American Residential Properties) Total Current Liabilities : $43.6 Mil (As of Sep. 2015)


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What is American Residential Properties Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. American Residential Properties's total current liabilities for the quarter that ended in Sep. 2015 was $43.6

American Residential Properties Total Current Liabilities Historical Data

The historical data trend for American Residential Properties'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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American Residential Properties Total Current Liabilities Chart

American Residential Properties Annual Data
Trend Dec12 Dec13 Dec14
Total Current Liabilities
3.20 18.41 34.35

American Residential Properties Quarterly Data
Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15
Total Current Liabilities Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 33.63 34.35 31.40 36.14 43.62

American Residential Properties Total Current Liabilities Calculation

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

American Residential Properties's Total Current Liabilities for the fiscal year that ended in Dec. 2014 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=23.507+0
+Other Current Liabilities+Current Deferred Liabilities
=7.919+2.919
=34.3

American Residential Properties's Total Current Liabilities for the quarter that ended in Sep. 2015 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=30.606+0
+Other Current Liabilities+Current Deferred Liabilities
=10.294+2.715
=43.6

* 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

American Residential Properties Total Current Liabilities Related Terms

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American Residential Properties (American Residential Properties) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » American Residential Properties Inc (NYSE:ARPI) » Definitions » Total Current Liabilities
Comparable Companies
XBRU:CPINV ASX:INA TSX:RUF.U RESI UMH TSE:3459 TSX:MRG.UN TSE:8979 APTS XBRU:HOMI TSX:MI.UN IRET ASX:URF CHMI CMO BRG BRT TSX:HOM.U NXRT EARN
Traded in Other Exchanges
N/A
Address
Website
http://www.americanresidentialproperties.com
American Residential Properties Inc was incorporated in Maryland in March 2012. The Company acquires, restores, leases and manages single-family homes as rental properties. As of December 31, 2012, it owned 1,775 properties in Arizona, California, Florida, Georgia, Illinois, Nevada and Texas with an aggregate investment of $220.6 million, and managed an additional 606 properties for Phoenix Fund in Arizona and Nevada.
Executives
Keith R Guericke director C/O ESSEX PROPERTY TRUST, 1100 PARK PLACE, SUITE 200, SAN MATEO CA 94403
Todd Mansfield director 3102 WEST END AVENUE,, SUITE 400, NASHVILLE TN 37203
Douglas N Benham director
David M. Brain director 909 WALNUT, SUITE 200, KANSAS CITY MO 64106
Laurie A. Hawkes director, officer: President and COO 7047 EAST GREENWAY PARKWAY, SUITE 350, SCOTTSDALE AZ 85254

American Residential Properties (American Residential Properties) Headlines

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