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Brilliant Acquisition (Brilliant Acquisition) Total Current Liabilities

: $4.65 Mil (As of Sep. 2023)
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Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. Brilliant Acquisition's total current liabilities for the quarter that ended in Sep. 2023 was $4.65

Brilliant Acquisition Total Current Liabilities Historical Data

The historical data trend for Brilliant 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.

Brilliant Acquisition Annual Data
Trend Dec19 Dec20 Dec21 Dec22
Total Current Liabilities
0.21 0.33 1.94 3.97

Brilliant Acquisition Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Total Current Liabilities 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 3.82 3.97 4.10 4.50 4.65

Brilliant 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.

Brilliant 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
=0.315+3.651
+Other Current Liabilities+Current Deferred Liabilities
=4.4408920985006E-16+0
=3.97

Brilliant 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
=0.47+4.181
+Other Current Liabilities+Current Deferred Liabilities
=0+0
=4.65

* 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

Brilliant Acquisition Total Current Liabilities Related Terms

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Brilliant Acquisition (Brilliant Acquisition) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Brilliant Acquisition Corp (NAS:BRLI) » Definitions » Total Current Liabilities
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Traded in Other Exchanges
N/A
Address
Loushanguan Road, Floor 20-21, No. 55, Changning District, Shanghai, CHN
Website
Brilliant Acquisition Corp is a blank check company.
Executives
Yebo Shen director 99 DAN BA ROAD, C-9, PUTUO DISTRICT, SHANGHAI F4 00000
Brian Ferrier director 99 DAN BA ROAD, C-9, PUTUO DISTRICT, SHANGHAI F4 00000