State Auto Financial Corporation (STFC)

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18.07 -0.26  -1.42%   NASDAQ May 24, 8:00PM BATS Real time Currency in USD

State Auto Financial Corporation Liabilities

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State Auto Financial Corporation Liabilities Chart

    State Auto Financial Corporation Historical Liabilities Data

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    Dec. 31, 2012 1.741B
    Sept. 30, 2012 1.740B
    June 30, 2012 1.767B
    March 31, 2012 1.730B
    Dec. 31, 2011 2.041B
    Sept. 30, 2011 2.211B
    June 30, 2011 2.150B
    March 31, 2011 2.044B
    Dec. 31, 2010 1.870B
    Sept. 30, 2010 1.886B
    June 30, 2010 1.826B
    March 31, 2010 1.710B
    Dec. 31, 2009 1.715B
    Sept. 30, 2009 1.745B
    June 30, 2009 1.721B
    March 31, 2009 1.675B
    Dec. 31, 2008 1.683B
    Sept. 30, 2008 1.654B
    June 30, 2008 1.585B
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    About Total Liabilities

    Liabilities are obligations of a company arising from past transactions or events which are expected to reduce assets when they are settled.

    Note : This is a simple term, but fairly complex topic. A company's balance sheet is made up of three components : Assets, Liabilities, and Shareholder's Equity. Assets are equivalent to the sum of liabilities and shareholder's equity.

    Let's say a company sells computers. The assets would be the machinery, the plant, the inventory, etc. the company. However, the value of these assets belong to who funded the company. Is the company backed by obligations/debt (loans from a bank, inventory from a supplier)? or ... The founder / common public's (shareholder's equity)? Most likely, a combination of both.

    Simply, liabilities are the part of a company's assets that it has yet to repay back.
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