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Linc Energy (ASX:LNC) Total Current Liabilities : A$243.64 Mil (As of Dec. 2015)


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What is Linc Energy Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. Linc Energy's total current liabilities for the quarter that ended in Dec. 2015 was A$243.64

Linc Energy Total Current Liabilities Historical Data

The historical data trend for Linc Energy'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.

* Premium members only.

Linc Energy Total Current Liabilities Chart

Linc Energy Annual Data
Trend Jun06 Jun07 Jun08 Jun09 Jun10 Jun11 Jun12 Jun13 Jun14 Jun15
Total Current Liabilities
Get a 7-Day Free Trial Premium Member Only Premium Member Only 31.39 228.48 106.99 278.00 225.89

Linc Energy Quarterly Data
Jun06 Jun07 Jun08 Jun09 Jun10 Jun11 Jun12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15
Total Current 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 119.63 78.04 225.89 273.78 243.64

Linc Energy Total Current Liabilities Calculation

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

Linc Energy's Total Current Liabilities for the fiscal year that ended in Jun. 2015 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=39.4+174.4
+Other Current Liabilities+Current Deferred Liabilities
=12.088+0
=225.89

Linc Energy's Total Current Liabilities for the quarter that ended in Dec. 2015 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=41.825+188.514
+Other Current Liabilities+Current Deferred Liabilities
=13.296+0
=243.64

* 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

Linc Energy Total Current Liabilities Related Terms

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Linc Energy (ASX:LNC) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Linc Energy Ltd. (ASX:LNC) » Definitions » Total Current Liabilities
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Traded in Other Exchanges
N/A
Address
32 Edward Street, Smellie & Company Building, Brisbane, QLD, AUS, 4000
Website
http://www.lincenergy.com
Linc Energy Ltd engages in exploration, development, and production of conventional oil and gas and unconventional syngas through the utilization of its underground coal gasification technology. The company's gulf coast properties are spread across Texas and Louisiana and include various producing wells over active fields, both onshore and in shallow state waters. Its segments consist of Oil and Gas engaged in exploration, development, and production of traditional oil and gas assets in North America; Clean Energy engaged in development and commercialization of Coal-to-Liquids processes through the combined utilization of Underground Coal Gasification and Gas to Liquids technologies; and Shale oil engaged in exploration of the company's petroleum exploration tenements in South Australia.