GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Altitude Acquisition Corp (NAS:ALTU) » Definitions » Total Current Liabilities

Altitude Acquisition (Altitude Acquisition) Total Current Liabilities : $2.64 Mil (As of Sep. 2023)


View and export this data going back to 2021. Start your Free Trial

What is Altitude Acquisition Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. Altitude Acquisition's total current liabilities for the quarter that ended in Sep. 2023 was $2.64

Altitude Acquisition Total Current Liabilities Historical Data

The historical data trend for Altitude Acquisition'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.

Altitude Acquisition Total Current Liabilities Chart

Altitude Acquisition Annual Data
Trend Dec20 Dec21 Dec22
Total Current Liabilities
0.14 0.40 1.59

Altitude Acquisition Quarterly Data
Aug20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Total Current Liabilities Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.50 1.59 2.03 2.31 2.64

Altitude Acquisition Total Current Liabilities Calculation

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

Altitude Acquisition'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
=0.791+0
+Other Current Liabilities+Current Deferred Liabilities
=0+0.803
=1.59

Altitude Acquisition's Total Current Liabilities for the quarter that ended in Sep. 2023 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=1.489+0.135
+Other Current Liabilities+Current Deferred Liabilities
=0+1.011
=2.64

* 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

Altitude Acquisition Total Current Liabilities Related Terms

Thank you for viewing the detailed overview of Altitude Acquisition's Total Current Liabilities provided by GuruFocus.com. Please click on the following links to see related term pages.

Altitude Acquisition (Altitude Acquisition) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Altitude Acquisition Corp (NAS:ALTU) » Definitions » Total Current Liabilities
Comparable Companies
BLEU BITE GLLI EMCG WEL DISA WRAC OSI MOBV GODN PBAJ SVMB SCRM CVII AAC GHIX ALCC AACT DWAC SAGA
Traded in Other Exchanges
ALTUU:USA
Address
400 Perimeter Center Terrace, Suite 151, Atlanta, GA, USA, 30346
Website
https://www.altitudeac.com
Altitude Acquisition Corp is a blank check company.
Executives
Bnp Paribas Arbitrage, Sa 10 percent owner 1 RUE LAFFITTE, PARIS I0 75009
Michael Gavin Isaacs director BALLY TECHNOLOGIES, INC., 6601 BERMUDA ROAD, LAS VEGAS NV 89119
Altitude Acquisition Holdco Llc director, 10 percent owner 1240 WEST WESLEY ROAD, ATLANTA GA 30327
Thomas Breitling director 1240 WEST WESLEY ROAD, ATLANTA GA 30327
Gary Teplis 10 percent owner 1240 WEST WESLEY ROAD, ATLANTA GA 30327
Adeel Rouf officer: See Remarks 1240 WEST WESLEY ROAD, ATLANTA GA 30327
Kevin Michael Schubert officer: Chief Operating Officer 1240 WEST WESLEY ROAD, ATLANTA GA 30327
Michel Maurice Taride director 1240 WEST WESLEY ROAD, ATLANTA 2Q 30327
Farris Griggs officer: Chief Financial Officer 1240 WEST WESLEY ROAD, ATLANTA GA 30327
Sam Galeotos director 1240 WEST WESLEY ROAD, ATLANTA GA 30327
Hilton Sturisky director 1240 WEST WESLEY ROAD, ATLANTA GA 30327