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Arqit Quantum (Arqit Quantum) Total Current Liabilities : $17.18 Mil (As of Mar. 2024)


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What is Arqit Quantum Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. Arqit Quantum's total current liabilities for the quarter that ended in Mar. 2024 was $17.18

Arqit Quantum Total Current Liabilities Historical Data

The historical data trend for Arqit Quantum'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.

Arqit Quantum Total Current Liabilities Chart

Arqit Quantum Annual Data
Trend Sep19 Sep20 Sep21 Sep22 Sep23
Total Current Liabilities
3.80 7.85 17.07 23.81 26.82

Arqit Quantum Semi-Annual Data
Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24
Total Current Liabilities Get a 7-Day Free Trial 20.02 23.81 20.78 26.82 17.18

Arqit Quantum Total Current Liabilities Calculation

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

Arqit Quantum's Total Current Liabilities for the fiscal year that ended in Sep. 2023 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=18.813+2.118
+Other Current Liabilities+Current Deferred Liabilities
=5.869+0.018
=26.82

Arqit Quantum's Total Current Liabilities for the quarter that ended in Mar. 2024 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=14.715+2.436
+Other Current Liabilities+Current Deferred Liabilities
=0+0.03
=17.18

* 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

Arqit Quantum Total Current Liabilities Related Terms

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Arqit Quantum (Arqit Quantum) Business Description

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Traded in Other Exchanges
ARQQ:USA
Address
Nova North, 11 Bressenden Place, 7th floor, London, GBR, SW1E 5BY
Website
https://www.arqit.uk
Arqit Quantum Inc is a cybersecurity company that has pioneered a symmetric key agreement technology which makes the communications links of any networked device or data at rest secure against current and future forms of cyber attack - even an attack from a quantum computer. Arqit delivers its symmetric key agreement technology via its QuantumCloud. Its product, QuantumCloud, enables any device to download a lightweight software agent, which can create keys in partnership with any other device. The firm operates in one segment that is, the provision of cybersecurity services via satellite and terrestrial platforms. Key revenue comes from the UK.

Arqit Quantum (Arqit Quantum) Headlines

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By Value_Insider Value_Insider • 12-14-2022

Arqit brings data security expertise to world-leading Centre for Digital Trade and Innovation

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