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FTAC Hera Acquisition (FTAC Hera Acquisition) Total Current Liabilities : $0.20 Mil (As of Sep. 2022)


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What is FTAC Hera 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. FTAC Hera Acquisition's total current liabilities for the quarter that ended in Sep. 2022 was $0.20

FTAC Hera Acquisition Total Current Liabilities Historical Data

The historical data trend for FTAC Hera 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.

FTAC Hera Acquisition Total Current Liabilities Chart

FTAC Hera Acquisition Annual Data
Trend Dec21
Total Current Liabilities
0.27

FTAC Hera Acquisition Quarterly Data
Jan21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
Total Current Liabilities Get a 7-Day Free Trial 0.16 0.27 0.25 0.18 0.20

FTAC Hera 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.

FTAC Hera Acquisition'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
=0.269+0
+Other Current Liabilities+Current Deferred Liabilities
=0+0
=0.27

FTAC Hera Acquisition's Total Current Liabilities for the quarter that ended in Sep. 2022 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=0.197+0
+Other Current Liabilities+Current Deferred Liabilities
=0+0
=0.20

* 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

FTAC Hera Acquisition Total Current Liabilities Related Terms

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FTAC Hera Acquisition (FTAC Hera Acquisition) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » FTAC Hera Acquisition Corp (NAS:HERA) » Definitions » Total Current Liabilities
Comparable Companies
CPUH PRPB CRHC GGPI VADP AUS CONX SCRM AAC SSDT GSHN PSTH XAMS:EPIC ASZ CCYC CVII KAHC DWAC IPOF PBAJ
Traded in Other Exchanges
N/A
Address
2929 Arch Street, Suite 1703, Philadelphia, PA, USA, 19104
Website
FTAC Hera Acquisition Corp is a blank check company. It is formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses or entities.
Executives
Laura Kohn director 2929 ARCH STREET STE 1703, PHILADELPHIA PA 19104
Daniel G Cohen officer: President and CEO 712 FIFTH AVENUE, 8TH FLOOR, NEW YORK NY 10019
Douglas Listman officer: CFO and Secretary 2929 ARCH STREET, 17TH FLOOR, PHILADELPHIA PA 19104-2870
Mei Mei Tuan director C/O THE BANCORP, INC., 409 SILVERSIDE ROAD, WILMINGTON DE 19809
Betsy Z Cohen director
Brittain Ezzes director 2929 ARCH STREET, SUITE 1703, PHILADELPHIA PA 19104
Jan Rock Zubrow director 2929 ARCH STREET STE 1703, PHILADELPHIA PA 19104
Jewelle Bickford director 2929 ARCH STREET STE 1703, PHILADELPHIA PA 19104
Leah Popowich director 2929 ARCH STREET STE 1703, PHILADELPHIA PA 19104
Ftac Hera Sponsor, Llc 10 percent owner 2929 ARCH STREET STE 1703, PHILADELPHIA PA 19104
Ftac Hera Advisors, Llc 10 percent owner 2929 ARCH STREET STE 1703, PHILADELPHIA PA 19104

FTAC Hera Acquisition (FTAC Hera Acquisition) Headlines

From GuruFocus

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FTAC Hera Acquisition Corp. Receives Notification of Deficiency from Nasdaq Related to Delayed Filing of Quarterly Report on Form 10-Q

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FTAC Hera Acquisition Corp. Ordinary Shares and Warrants to Commence Trading Separately on April 26, 2021

By Marketwired Marketwired • 04-21-2021

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By GuruFocusNews insider • 03-03-2022

Saba Capital Management, L.P. Buys FTAC Zeus Acquisition Corp, Semper Paratus Acquisition Corp, Founder SPAC, Sells Invesco Dynamic Credit Opportunities Fund, Reinvent Technology Partners Y, Invesco Senior Income Trust

By GuruFocusNews insider • 03-25-2022

Saba Capital Management, L.P. Buys FTAC Zeus Acquisition Corp, Semper Paratus Acquisition Corp, Founder SPAC, Sells Invesco Dynamic Credit Opportunities Fund, Reinvent Technology Partners Y, Invesco Senior Income Trust

By GuruFocusNews insider • 03-14-2022

Saba Capital Management, L.P. Buys FTAC Zeus Acquisition Corp, Semper Paratus Acquisition Corp, Founder SPAC, Sells Invesco Dynamic Credit Opportunities Fund, Reinvent Technology Partners Y, Invesco Senior Income Trust

By GuruFocusNews insider • 03-11-2022

Saba Capital Management, L.P. Buys FTAC Zeus Acquisition Corp, Semper Paratus Acquisition Corp, Founder SPAC, Sells Invesco Dynamic Credit Opportunities Fund, Reinvent Technology Partners Y, Invesco Senior Income Trust

By GuruFocusNews insider • 03-23-2022

Saba Capital Management, L.P. Buys FTAC Zeus Acquisition Corp, Semper Paratus Acquisition Corp, Founder SPAC, Sells Invesco Dynamic Credit Opportunities Fund, Reinvent Technology Partners Y, Invesco Senior Income Trust

By GuruFocusNews insider • 02-19-2022

FTAC Hera Acquisition Corp. Announces Completion of $851 million Initial Public Offering, Including Partial Exercise of Over-Allotment Option

By Marketwired Marketwired • 03-10-2021