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Andina Acquisition III (Andina Acquisition III) Total Current Liabilities : $1.51 Mil (As of Mar. 2021)


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What is Andina Acquisition III Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. Andina Acquisition III's total current liabilities for the quarter that ended in Mar. 2021 was $1.51


Andina Acquisition III Total Current Liabilities Historical Data

The historical data trend for Andina Acquisition III'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.

Andina Acquisition III Total Current Liabilities Chart

Andina Acquisition III Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20
Total Current Liabilities
0.03 0.03 0.16 0.01 0.88

Andina Acquisition III Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21
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 0.02 0.73 0.64 0.88 1.51

Andina Acquisition III Total Current Liabilities Calculation

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

Andina Acquisition III's Total Current Liabilities for the fiscal year that ended in Dec. 2020 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=0.883+0
+Other Current Liabilities+Current Deferred Liabilities
=0+0
=0.88

Andina Acquisition III's Total Current Liabilities for the quarter that ended in Mar. 2021 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=1.508+0
+Other Current Liabilities+Current Deferred Liabilities
=0+0
=1.51

* 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


Andina Acquisition III Total Current Liabilities Related Terms

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Andina Acquisition III (Andina Acquisition III) Business Description

Traded in Other Exchanges
N/A
Address
Calle 113, No. 7-45 Torre B, Oficina 1012, Bogota, COL
Andina Acquisition Corp III is a blank check company.
Executives
Glazer Capital, Llc 10 percent owner 250 WEST 55TH STREET, SUITE 30A, NEW YORK NY 10019
Paul J Glazer 10 percent owner 250 WEST 55TH ST, SUITE 30A, NEW YORK NY 10019
Raju Roman director C/O ANDINA ACQUISITION CORP. III, 250 WEST 57TH STREET, NEW YORK NY 10107
Walter Milton Schenker director 1130 ROUTE 46, SUITE 22, PARSIPPANY NJ 07054
Julio A. Torres director, officer: Chief Executive Officer CARRERA 10 NO. 28-49, TORRE A. OFICINA 20-05, BOGOTA F8 XXXXX
B. Luke Weil director CARRERA 10 NO. 28-49, TORRE A. OFICINA 20-05, BOGOTA F8 XXXXX
David Schulhof director C/O MAGNA MANAGEMENT LLC, 40 WALL STREET, 58TH FLOOR, NEW YORK NY 10005
Marjorie Hernandez officer: Treasurer 250 WEST 57TH ST., NEW YORK NY 10107
Mauricio Orellana director, officer: Chief Financial Officer 250 WEST 57TH ST., NEW YORK NY 10107
Kibble Matthew S.n. director 250 WEST 57TH ST., NEW YORK NY 10107

Andina Acquisition III (Andina Acquisition III) Headlines

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