LifeQuest World (LifeQuest World) Total Current Liabilities : $2.63 Mil (As of May. 2009)

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What is LifeQuest World Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. LifeQuest World's total current liabilities for the quarter that ended in May. 2009 was $2.63

LifeQuest World Total Current Liabilities Historical Data

The historical data trend for LifeQuest World'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.

LifeQuest World Total Current Liabilities Chart

LifeQuest World Annual Data

Trend May00 May01 May02 May03 May04 May05 May06 May07 May08 May09

Total Current Liabilities

Get a 7-Day Free Trial 2.78 0.61 2.38 1.59 2.63

LifeQuest World Semi-Annual Data

May99 May00 May01 May02 May03 May04 May05 May06 May07 May08 May09

Total Current Liabilities Get a 7-Day Free Trial 2.78 0.61 2.38 1.59 2.63

LifeQuest World Total Current Liabilities Calculation

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

LifeQuest World's Total Current Liabilities for the fiscal year that ended in May. 2009 is calculated as

Total Current Liabilities = Accounts Payable & Accrued Expense + Short-Term Debt & Capital Lease Obligation

= 1.247 + 0.031

+ Other Current Liabilities + Current Deferred Liabilities

= 1.351 + 0

= 2.63

LifeQuest World's Total Current Liabilities for the quarter that ended in May. 2009 is calculated as

Total Current Liabilities = Accounts Payable & Accrued Expense + Short-Term Debt & Capital Lease Obligation

= 1.247 + 0.031

+ Other Current Liabilities + Current Deferred Liabilities

= 1.351 + 0

= 2.63

* 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

LifeQuest World Total Current Liabilities Related Terms
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LifeQuest World (LifeQuest World) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » LifeQuest World Corp (OTCPK:LQWC) » Definitions » Total Current Liabilities

Comparable Companies

OWUV DRFS RAKR QWTR SPEC CHNR VLTO ZWS FSS TSE:6370 XBRU:UMI OSTO:MTRS ATMU TSE:6368 SZSE:300390 SHSE:600388 SHSE:603279 HKSE:00586 MIL:GVS SZSE:000544

Traded in Other Exchanges

N/A

Address

100 Challenger Road, 8th Floor, Ridgefield Park, NJ, USA, 07660

Website

https://www.lifequestcorp.com

LifeQuest World Corp is a technology leader in low-cost, low-maintenance, eco-friendly, decentralized wastewater treatment. It intends to rapidly add solutions for the treatment of effluents. The company markets the following products namely BioPipe; Abrimix water treatment technology is capable of treating industrial wastewater and Goslyn is a patented fat, oil, and grease recovery device used in restaurants, hotels, and industrial kitchens.

Executives

Anthony Carl Jurak director, 10 percent owner, officer: CEO 297 MARIN ST, SAINTE ADELE QUEBEC A1 J8B2P8

Roger Theriault director, officer: President 1181 GRIER DR., SUITE C, LAS VEGAS NV 89119

Maria Jose Guedes officer: V.P. of Operations/Asst. Secy. 1181 GRIER DR., SUITE C, LAS VEGAS NV 89119

LifeQuest World (LifeQuest World) Headlines

From GuruFocus

Joint Ventures Of Lifequest Subsidiary, Biopipe Global, Receive Circa $1,000,000 In Orders
By PRNewswire PRNewswire • 02-19-2020

Lifequest Subsidiary Completes the First Commercial Sale in Ethiopia of a 100m3/Day Capacity Biopipe Sewage Wastewater Treatment Plant
By Marketwired • 08-15-2023

Lifequest Subsidiary's JV Partner, BPipe in the Philippines, Successfully Completes the Installation of the First Biopipe Sewage Treatment Plant
By Marketwired Marketwired • 03-03-2021

Lifequest Closes Investment in Its First Design Build Own Operate Abattoir Wastewater Treatment Plant with a 20 Year Concession Period
By Marketwired Marketwired • 07-14-2021

Lifequest Subsidiary, a Joint Venture in Bangladesh Receives Two Orders for 100m3/day and 180m3/day Biopipe Zero Sludge Sewage Wastewater Treatment Plants
By Marketwired Marketwired • 05-13-2021

LifeQuest Announces Current Commitments for Its Biopipe Sewage Treatment Systems Totaling $2.4 Million.
By ACCESSWIRE ACCESSWIRE • 06-20-2023

Lifequest Subsidiary, Biopipe Global and its Joint Venture Partner, Biopipe Innovation, Bangladesh Receive $410,000 in Orders for Zero Sludge Biopipe Sewage Wastewater Treatment Plants
By GlobeNewswire GlobeNewswire • 12-02-2020

Lifequest Subsidiary Biopipe Global Partners With CII-Triveni Water Institute To Introduce Biopipe & Abrimix To The Government And Industries In India
By PRNewswire PRNewswire • 05-28-2020

Lifequest's Wholly Owned Subsidiary Receives First Order for 93,000 Gallons/Day Industrial Wastewater Treatment Plant for a Pharmaceutical Company
By PurpleRose PurpleRose • 07-13-2022

Lifequest Subsidiary Biopipe Global Enters The United States With Shipment of Its Revolutionary 100% Sludge-Free Biological Onsite Sewage Wastewater Treatment Plant to California
By Marketwired Marketwired • 07-09-2020

LifeQuest World Semi-Annual Data
	May99	May00	May01	May02	May03	May04	May05	May06	May07	May08	May09
Total Current Liabilities	Get a 7-Day Free Trial						2.78	0.61	2.38	1.59	2.63

Total Current Liabilities	=	Accounts Payable & Accrued Expense	+	Short-Term Debt & Capital Lease Obligation
	=	1.247	+	0.031
	+	Other Current Liabilities	+	Current Deferred Liabilities
	=	1.351	+	0
	=	2.63

Anthony Carl Jurak	director, 10 percent owner, officer: CEO	297 MARIN ST, SAINTE ADELE QUEBEC A1 J8B2P8
Roger Theriault	director, officer: President	1181 GRIER DR., SUITE C, LAS VEGAS NV 89119
Maria Jose Guedes	officer: V.P. of Operations/Asst. Secy.	1181 GRIER DR., SUITE C, LAS VEGAS NV 89119