GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » LF Capital Acquisition Corp (NAS:LFAC) » Definitions » Total Current Liabilities

LF Capital Acquisition (LF Capital Acquisition) Total Current Liabilities : $3.80 Mil (As of Sep. 2020)


View and export this data going back to 2018. Start your Free Trial

What is LF Capital 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. LF Capital Acquisition's total current liabilities for the quarter that ended in Sep. 2020 was $3.80


LF Capital Acquisition Total Current Liabilities Historical Data

The historical data trend for LF Capital 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.

LF Capital Acquisition Total Current Liabilities Chart

LF Capital Acquisition Annual Data
Trend Dec17 Dec18 Dec19
Total Current Liabilities
0.30 0.32 0.94

LF Capital Acquisition Quarterly Data
Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20
Total Current Liabilities Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.91 0.94 1.63 2.11 3.80

LF Capital 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.

LF Capital Acquisition'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
=0.192+0.75
+Other Current Liabilities+Current Deferred Liabilities
=0+0
=0.94

LF Capital Acquisition's Total Current Liabilities for the quarter that ended in Sep. 2020 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=1.303+2.5
+Other Current Liabilities+Current Deferred Liabilities
=0+0
=3.80

* 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


LF Capital Acquisition Total Current Liabilities Related Terms

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


LF Capital Acquisition (LF Capital Acquisition) Business Description

Traded in Other Exchanges
N/A
Address
600 Madison Avenue, New York, NY, USA, 10022
Website
LF Capital Acquisition Corp is a blank check company.