CNTQW (Chardan NexTech Acquisition 2) Total Current Liabilities: $0.32 Mil (As of Jun. 2022)


CNTQW Chardan NexTech Acquisition 2 Corp CNTQW
22 GF Score
Price $0.40
! 2 Warning Signs
View Full Analysis

What is Chardan NexTech Acquisition 2 Total Current Liabilities?

Chardan NexTech Acquisition 2 CNTQW 22 Total Current Liabilities is $0.32 Mil as of Jun. 2022. GuruFocus rates CNTQW with a GF Score™ of 22/100. The stock has 2 warning signs investors should review.

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. Chardan NexTech Acquisition 2's total current liabilities for the quarter that ended in Jun. 2022 was $0.32

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

Chardan NexTech Acquisition 2 Total Current Liabilities Related Terms

Chardan NexTech Acquisition 2 Total Current Liabilities Historical Data

* Premium members only.

The historical data trend for Chardan NexTech Acquisition 2'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.

Chardan NexTech Acquisition 2 Total Current Liabilities Chart

Chardan NexTech Acquisition 2 Annual Data
Trend Dec20 Dec21
Total Current Liabilities
0.00 0.11

Chardan NexTech Acquisition 2 Quarterly Data
Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22
Total Current Liabilities Get a 7-Day Free Trial 0.15 0.03 0.11 0.21 0.32
CNTQW
22GF Score
Chardan NexTech Acquisition 2 Corp CNTQW
Total Current Liabilities is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Chardan NexTech Acquisition 2 Total Current Liabilities Calculation

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

Chardan NexTech Acquisition 2's Total Current Liabilities for the fiscal year that ended in Dec. 2021 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=0.114+0
+Other Current Liabilities+Current Deferred Liabilities
=0+0
=0.11

Chardan NexTech Acquisition 2's Total Current Liabilities for the quarter that ended in Jun. 2022 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=0.317+0
+Other Current Liabilities+Current Deferred Liabilities
=0+0
=0.32

* 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.

What does a Total Current Liabilities of $0.32 Mil mean?
Chardan NexTech Acquisition 2 (CNTQW) has a Total Current Liabilities of $0.32 Mil as of Jun. 2022. The total amount of liabilities with maturity less than one year as recorded on a company's balance sheet. View historical data for Chardan NexTech Acquisition 2 and its competitors.
Is Chardan NexTech Acquisition 2's Total Current Liabilities too high?
Chardan NexTech Acquisition 2's current Total Current Liabilities is $0.32 Mil. Overall, Chardan NexTech Acquisition 2 has a GF Score™ of 22/100, reflecting its overall financial health beyond just this single metric.
How does Chardan NexTech Acquisition 2's Total Current Liabilities compare to LION and EBAC?
Chardan NexTech Acquisition 2's Total Current Liabilities of $0.32 Mil can be compared against companies in the Diversified Financial Services industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Current Liabilities for a Diversified Financial Services company?
A good Total Current Liabilities depends on the Diversified Financial Services industry context. However, Total Current Liabilities should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Total Current Liabilities mean?
A high Total Current Liabilities can signal that a stock is expensive relative to its fundamentals. The total amount of liabilities with maturity less than one year as recorded on a company's balance sheet. View historical data for Chardan NexTech Acquisition 2 and its competitors. Chardan NexTech Acquisition 2's current Total Current Liabilities is $0.32 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chardan NexTech Acquisition 2 stock overvalued right now?
Chardan NexTech Acquisition 2 (CNTQW) has a current Total Current Liabilities of $0.32 Mil. The current Total Current Liabilities is $0.32 Mil. Chardan NexTech Acquisition 2's overall GF Score™ is 22/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Current Liabilities calculated?
Total Current Liabilities is calculated from a company's financial statements. For Chardan NexTech Acquisition 2 (CNTQW), the current Total Current Liabilities is $0.32 Mil as of Jun. 2022. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Chardan NexTech Acquisition 2 Business Description

Address 17 State Street, 21st Floor, New York, NY, USA, 10004
Chardan NexTech Acquisition 2 Corp is a blank check company.
22GF Score

Get the complete analysis for CNTQW

Total Current Liabilities is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$0.40
Price