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AIM Energy (AIM Energy) Total Current Liabilities : $2.34 Mil (As of May. 2018)


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What is AIM 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. AIM Energy's total current liabilities for the quarter that ended in May. 2018 was $2.34


AIM Energy Total Current Liabilities Historical Data

The historical data trend for AIM 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.

AIM Energy Total Current Liabilities Chart

AIM Energy Annual Data
Trend Aug12 Aug13 Aug14 Aug15 Aug16 Aug17
Total Current Liabilities
Get a 7-Day Free Trial 0.06 0.21 1.46 2.30 2.29

AIM Energy Quarterly Data
Aug13 Nov13 Feb14 May14 Aug14 Nov14 Feb15 May15 Aug15 Nov15 Feb16 May16 Aug16 Nov16 Feb17 May17 Aug17 Nov17 Feb18 May18
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 2.31 2.29 2.38 2.28 2.34

AIM 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.

AIM Energy's Total Current Liabilities for the fiscal year that ended in Aug. 2017 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=0.877+0.679
+Other Current Liabilities+Current Deferred Liabilities
=0.729+0
=2.29

AIM Energy's Total Current Liabilities for the quarter that ended in May. 2018 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=0.32+1.365
+Other Current Liabilities+Current Deferred Liabilities
=0.652+0
=2.34

* 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


AIM Energy Total Current Liabilities Related Terms

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AIM Energy (AIM Energy) Business Description

Traded in Other Exchanges
N/A
Address
170 S Green Valley Parkway, Suite 300, Henderson, NV, USA, 89012
AIM Energy Inc is a junior mining exploration stage company. It is involved in the business of acquisition and exploration of mineral properties with the intent to take properties to production. Its projects include the anthracite coal project in Lajon city, Otuzco province, Peru.

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