Current Liabilities breakdown for JC PenneyCurrent Liabilities is company's short term debts. This usually includes obligations that are due within next 12 months or within one fiscal year. Current liabilities are very important in analyzing a company's financial health as it requires the company to convert some of its current assets into cash.
Current liabilities appear on the company's balance sheet and include all short term debt accounts, accounts and notes payable, accrued liabilities as well as current payments due on the long-term loans. One of the most useful applications of Current Liabilities is the current ratio which is defined as current assets divided by its current liabilities. High current ratios mean that current assets are more than sufficient to pay off current liabilities.
JC Penney Current Liabilities Assessment
In accordance with recently published financial statements J C Penney Company Inc has Current Liabilities of 2.58 B. This is 38.66% higher than that of Services sector, and 31.62% lower than that of Department Stores industry, The Current Liabilities for all stocks is 70.24% higher than the company.
Filter other Stocks by Current Liabilities
Current Liabilities ComparisonJC Penney is rated below average in current liabilities category among related companies.
Follow JC Penney Current Liabilities with Macroaxis syndicated feed, custom widget, or your favorite custom stock ticker
Other JC Penney Fundamentals