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Mountain Crest Acquisition (Mountain Crest Acquisition) Change In Working Capital : $-0.02 Mil (TTM As of Sep. 2020)


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What is Mountain Crest Acquisition Change In Working Capital?

Mountain Crest Acquisition's change in working capital for the quarter that ended in Sep. 2020 was $0.05 Mil.

Mountain Crest Acquisition's change in working capital for the fiscal year that ended in Dec. 2019 was $0.00 Mil.

It is calculated by adding the items under "Change in operating assets and liabilities" (may refer to a different name for different company) section in Cash Flow Statement. Not by calculating the number changes in each periods' working capital (Total Current Assets minus Total Current Liabilities).

Mountain Crest Acquisition Change In Working Capital Historical Data

The historical data trend for Mountain Crest Acquisition's Change In Working Capital 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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Mountain Crest Acquisition Change In Working Capital Chart

Mountain Crest Acquisition Annual Data
Trend Dec19
Change In Working Capital
-

Mountain Crest Acquisition Quarterly Data
Mar20 Jun20 Sep20
Change In Working Capital - -0.07 0.05

Mountain Crest Acquisition Change In Working Capital Calculation

Change In Working Capital for the trailing twelve months (TTM) ended in Sep. 2020 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.02 Mil.

Working Capital is a measure of a company's short term liquidity or its ability to cover short term liabilities. It is defined as the difference between a company's current assets and current liabilities.

Changes in Working Capital is reported in the cash flow statement since it is one of the major ways in which net income can differ from operating cash flow. It is calculated by adding the items under "Change in operating assets and liabilities" (may refer to a different name for different company) section in Cash Flow Statement.

Use Wal-Mart Stores Inc (Jan 2014, Annual Data) as an example: Source: Wal-Mart Stores Inc 2014-01-31 10-K from SEC

Consolidated Statements of Cash Flows Fiscal Years EndedJanuary 31,(Amounts in millions)
Cash flows from operating activities: 2014 2013 2012
Changes in certain assets and liabilities, net of effects of acquisitions:
Receivables, net (566) (614) (796)
Inventories (1,667) (2,759) (3,727)
Accounts payable 531 1,061 2,687
Accrued liabilities 103 271 (935)
Accrued income taxes (1,224) 981 994

For 2014-01-31, add all the items under 2014 collum together, Change in Working Capital was (566) + (1,667) + 531 + 103 + (1,224) = $ (2,823) Mil.

* 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.

Mountain Crest Acquisition Change In Working Capital Related Terms

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Mountain Crest Acquisition (Mountain Crest Acquisition) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Mountain Crest Acquisition Corp (NAS:MCACU) » Definitions » Change In Working Capital
Comparable Companies
Traded in Other Exchanges
N/A
Address
311 West 43rd Street, 12th Floor, New York, NY, USA, 10036
Website
https://www.mcacquisition.com
Mountain Crest Acquisition Corp is a blank check company formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses.
Executives
Suying Liu director, 10 percent owner, officer: Chief Executive Officer 311 WEST 43RD STREET, 12TH FLOOR, NEW YORK NY 10036
Sunlight Global Investment Llc 10 percent owner 311 WEST 43RD STREET, 12TH FLOOR, NEW YORK NY 10036
Dong Liu director, 10 percent owner, officer: Chief Financial Officer 311 WEST 43RD STREET, 12TH FLOOR, NEW YORK NY 10036
Nelson Haight director 4400 POST OAK PARKWAY, SUITE 1900, HOUSTON TX 77027
Todd T. Milbourn director C/O OPPENHEIMER & CO., INC., 85 BROAD STREET, 24TH FLOOR, NEW YORK NY 10004
Wenhua Zhang director 311 WEST 43RD STREET, 12TH FLOOR, NEW YORK NY 10036