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American Virtual Cloud Technologies (American Virtual Cloud Technologies) Total Current Liabilities : $5.61 Mil (As of Mar. 2023)


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What is American Virtual Cloud Technologies Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. American Virtual Cloud Technologies's total current liabilities for the quarter that ended in Mar. 2023 was $5.61


American Virtual Cloud Technologies Total Current Liabilities Historical Data

The historical data trend for American Virtual Cloud Technologies'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.

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American Virtual Cloud Technologies Total Current Liabilities Chart

American Virtual Cloud Technologies Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Dec21 Dec22
Total Current Liabilities
Get a 7-Day Free Trial 2.90 8.50 16.65 77.73 11.10

American Virtual Cloud Technologies Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
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 21.48 23.64 11.12 11.10 5.61

American Virtual Cloud Technologies Total Current Liabilities Calculation

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

American Virtual Cloud Technologies's Total Current Liabilities for the fiscal year that ended in Dec. 2022 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=5.014+2.315
+Other Current Liabilities+Current Deferred Liabilities
=3.752+0.023
=11.10

American Virtual Cloud Technologies's Total Current Liabilities for the quarter that ended in Mar. 2023 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=4.054+0
+Other Current Liabilities+Current Deferred Liabilities
=1.552+0
=5.61

* 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


American Virtual Cloud Technologies Total Current Liabilities Related Terms

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American Virtual Cloud Technologies (American Virtual Cloud Technologies) Business Description

Traded in Other Exchanges
N/A
Address
1720 Peachtree Street, Suite 629, Atlanta, GA, USA, 30309
American Virtual Cloud Technologies Inc is engaged in the business of providing IT solutions. The company, along with its subsidiaries, offers various services like private & hybrid data centers, enterprise networking solutions, unified cloud communications, managed services, cybersecurity, and enhanced connectivity. It caters its services to different sectors such as Energy, Finance, Healthcare, Manufacturing & logistics, Public sector, Retail and hospitality, Technology service providers, and Others. It has two segments Computex and Kandy. Geographically, it generates the majority of its revenue from the domestic market.
Executives
Charles E. Sweet director 1720 PEACHTREE STREET, SUITE 629, ATLANTA GA 30309
Ribbon Communications Inc. 10 percent owner 6500 CHASE OAKS BOULEVARD, PLANO TX 75023
Adrian Foltz officer: Chief Financial Officer 1720 PEACHTREE STREET, SUITE 629, ATLANTA GA 30309
Onex Evans officer: Chief Accounting Officer 1720 PEACHTREE STREET, SUITE 629, ATLANTA GA 30309
Michael Tessler director C/O BROADSOFT, INC., 220 PERRY PARKWAY, GAITHERSBURG MD 20877
Mock Lawrence E, Jr. director ONE BUCKHEAD PLAZA, 3060 PEACHTREE RD, SUITE 780, ATLANTA GA 30305
Dennis P Lockhart director 100 GOLF ROAD, GOLF IL 60029
Pensare Sponsor Group, Llc 10 percent owner 1720 PEACHTREE STREET, SUITE 629, ATLANTA GA 30309
Spac Opportunity Fund I, L.p. 10 percent owner 2870 PEACHTREE ROAD NW, SUITE 509, ATLANTA GA 30305
Navigation Capital Partners, Inc. 10 percent owner 2870 PEACHTREE RD. NW, UNIT 509, ATLANTA GA 30305
Navigation Capital Partners Ii, L.p. 10 percent owner 2870 PEACHTREE RD. NW, UNIT 509, ATLANTA GA 30305
Stratos Management Systems Holdings Llc 10 percent owner 2870 PEACHTREE RD. NW, UNIT 509, ATLANTA GA 30305
Kevin Keough officer: President 1720 PEACHTREE STREET, SUITE 629, ATLANTA GA 30309
Robert E. Willis director C/O PENSARE SPONSOR GROUP, LLC, 1720 PEACHTREE STREET, SUITE 629, ATLANTA GA 30309
Spac Opportunity Partners, Llc 10 percent owner 2870 PEACHTREE ROAD NW, SUITE 509, ATLANTA GA 30305

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