GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Petmin Ltd (LSE:PTMN) » Definitions » Total Current Liabilities

Petmin (LSE:PTMN) Total Current Liabilities : £8.43 Mil (As of Dec. 2016)


View and export this data going back to . Start your Free Trial

What is Petmin Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. Petmin's total current liabilities for the quarter that ended in Dec. 2016 was £8.43

Petmin Total Current Liabilities Historical Data

The historical data trend for Petmin'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.

Petmin Total Current Liabilities Chart

Petmin Annual Data
Trend Jun07 Jun08 Jun09 Jun10 Jun11 Jun12 Jun13 Jun14 Jun15 Jun16
Total Current Liabilities
Get a 7-Day Free Trial Premium Member Only Premium Member Only 28.27 12.30 14.58 23.75 9.08

Petmin Semi-Annual Data
Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16
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 17.16 23.75 4.98 9.08 8.43

Petmin Total Current Liabilities Calculation

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

Petmin's Total Current Liabilities for the fiscal year that ended in Jun. 2016 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=8.38+0.655
+Other Current Liabilities+Current Deferred Liabilities
=0.047000000000001+0
=9.08

Petmin's Total Current Liabilities for the quarter that ended in Dec. 2016 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=8.169+0.203
+Other Current Liabilities+Current Deferred Liabilities
=0.055+0
=8.43

* 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

Petmin Total Current Liabilities Related Terms

Thank you for viewing the detailed overview of Petmin's Total Current Liabilities provided by GuruFocus.com. Please click on the following links to see related term pages.

Petmin (LSE:PTMN) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Petmin Ltd (LSE:PTMN) » Definitions » Total Current Liabilities
Comparable Companies
TSXV:SKE TSX:TLO TSXV:OM ASX:A4N ASX:ARL TSX:GLO HKSE:02326 HKSE:00629 ASX:MRL TSX:S ASX:BOE ASX:PLL ASX:AML TSE:3168 ASX:ANS BKK:PDI JSE:WEZ XKRX:060480 TSXV:SLL XCNQ:CDPR
Traded in Other Exchanges
N/A
Address
Website
http://www.petmin.co.za
Petmin Ltd is a mineral exploration company mining & producing, iron ore,metallurgical anthracite and energy coal and pig iron. It is geographically diversified with mining operations in South Africa, an industrial project in North America, and exploration projects in Liberia and Turkey. It is South Africa's producer of metallurgical anthracite, and is developing a high-potential iron sands to pig iron project in Canada. The Company is also engaged on commodities that support the steel value chain and are required for urbanisation and infrastructure growth.