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Acorn International (Acorn International) Total Current Liabilities : $11.01 Mil (As of Jun. 2020)


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What is Acorn International Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. Acorn International's total current liabilities for the quarter that ended in Jun. 2020 was $11.01


Acorn International Total Current Liabilities Historical Data

The historical data trend for Acorn International'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.

Acorn International Total Current Liabilities Chart

Acorn International Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Total Current Liabilities
Get a 7-Day Free Trial Premium Member Only Premium Member Only 17.56 15.79 11.61 17.50 12.69

Acorn International Quarterly Data
Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20
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 12.37 12.33 12.69 13.56 11.01

Acorn International Total Current Liabilities Calculation

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

Acorn International's Total Current Liabilities for the fiscal year that ended in Dec. 2019 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=10.966+0.881
+Other Current Liabilities+Current Deferred Liabilities
=0.652+0.192
=12.69

Acorn International's Total Current Liabilities for the quarter that ended in Jun. 2020 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=10.164+0.833
+Other Current Liabilities+Current Deferred Liabilities
=0+0.017
=11.01

* 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


Acorn International Total Current Liabilities Related Terms

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Acorn International (Acorn International) Business Description

Traded in Other Exchanges
N/A
Address
1 South Wuning Road, 5th Floor, YueShang Plaza, Shanghai, CHN, 200042
Acorn International Inc is a marketing and branding company. It is engaged in developing, promoting and selling a diverse portfolio of proprietary-branded products, as well as well-established and promising new products from third parties. It is primarily comprised of two main divisions, direct-sales platforms and distribution network. The direct-sales business involves marketing and selling products directly to consumers in China through outbound marketing platform and Internet sales platform.