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Green Cures & Botanical Distribution (Green Cures & Botanical Distribution) Total Current Liabilities : $9.88 Mil (As of Sep. 2008)


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What is Green Cures & Botanical Distribution Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. Green Cures & Botanical Distribution's total current liabilities for the quarter that ended in Sep. 2008 was $9.88

Green Cures & Botanical Distribution Total Current Liabilities Historical Data

The historical data trend for Green Cures & Botanical Distribution'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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Green Cures & Botanical Distribution Total Current Liabilities Chart

Green Cures & Botanical Distribution Annual Data
Trend Dec05 Dec06 Dec07
Total Current Liabilities
0.01 0.28 3.58

Green Cures & Botanical Distribution Quarterly Data
Mar05 Jun05 Sep05 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08
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 1.86 3.58 5.90 8.49 9.88

Green Cures & Botanical Distribution Total Current Liabilities Calculation

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

Green Cures & Botanical Distribution's Total Current Liabilities for the fiscal year that ended in Dec. 2007 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=3.391+2.716
+Other Current Liabilities+Current Deferred Liabilities
=-2.524+0.001
=3.58

Green Cures & Botanical Distribution's Total Current Liabilities for the quarter that ended in Sep. 2008 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=6.318+0
+Other Current Liabilities+Current Deferred Liabilities
=3.559+0
=9.88

* 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

Green Cures & Botanical Distribution Total Current Liabilities Related Terms

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Green Cures & Botanical Distribution (Green Cures & Botanical Distribution) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Green Cures & Botanical Distribution Inc (OTCPK:GRCU) » Definitions » Total Current Liabilities
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Traded in Other Exchanges
N/A
Address
7535 East Avenue, Suite 400, Denver, CO, USA, 93401
Website
https://greencurescorp.com
Green Cures & Botanical Distribution Inc is engaged in the healthcare sector. It retails and wholesales hemp infused nutritional, medicinal and body care products in the hemp and botanical industry, including nutritional supplements and sports wellness. Its brands include Original Hollywood Hemp, Green Foods, and Green Cures Spirits which are sold through its e-commerce sites, originalhollywoodhemp.com, and other third-party e-commerce sites.
Executives
Mathis Family Partners Ltd. other: See explanation 2560 W. MAIN STREET, SUITE 200, LITTLETON CO 80120
Kevin Pickard officer: Chief Financial Officer 28245 AVENUE CROCKER, SUITE 220, VALENCIA CA 91355