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HZON.U (Horizon Acquisition II) Total Current Liabilities : $8.37 Mil (As of Dec. 2022)


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What is Horizon Acquisition II Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. Horizon Acquisition II's total current liabilities for the quarter that ended in Dec. 2022 was $8.37


Horizon Acquisition II Total Current Liabilities Historical Data

The historical data trend for Horizon Acquisition II'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.

Horizon Acquisition II Total Current Liabilities Chart

Horizon Acquisition II Annual Data
Trend Dec20 Dec21 Dec22
Total Current Liabilities
0.21 2.49 8.37

Horizon Acquisition II Quarterly Data
Jul20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22
Total Current Liabilities Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.49 2.64 2.62 6.18 8.37

Horizon Acquisition II Total Current Liabilities Calculation

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

Horizon Acquisition II's Total Current Liabilities for the fiscal year that ended in Dec. 2022 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=6.87+1.5
+Other Current Liabilities+Current Deferred Liabilities
=-1.7763568394003E-15+0
=8.37

Horizon Acquisition II's Total Current Liabilities for the quarter that ended in Dec. 2022 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=6.87+1.5
+Other Current Liabilities+Current Deferred Liabilities
=-1.7763568394003E-15+0
=8.37

* 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


Horizon Acquisition II Total Current Liabilities Related Terms

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Horizon Acquisition II Business Description

Traded in Other Exchanges
N/A
Address
600 Steamboat Road, Suite 200, Greenwich, CT, USA, 06830
Website
Horizon Acquisition Corp II is a blank check company.
Executives
Stephen D Sautel director C/O HORIZON ACQUISITION, 600 STEAMBOAT ROAD, SUITE 200, GREENWICH CT 06830
Zachary D Warren director C/O HORIZON ACQUISITION, 600 STEAMBOAT ROAD, SUITE 200, GREENWICH CT 06830
Todd L Boehly director, 10 percent owner, officer: CEO and CFO 600 STEAMBOAT ROAD, GREENWICH CT 06830
Jason Robins director 222 BERKELEY STREET, FLOOR 5, BOSTON MA 02116
Robert Ott officer: Vice President 600 STEAMBOAT ROAD, SUITE 200, GREENWICH CT 06830
Horizon Ii Sponsor, Llc 10 percent owner 600 STEAMBOAT ROAD, SUITE 200, GREENWICH CT 06830
Asif Satchu director 600 STEAMBOAT ROAD, SUITE 200, GREENWICH CT 06830
Carlton Mcmillen officer: Vice President 600 STEAMBOAT ROAD, SUITE 200, GREENWICH CT 06830
Mordecai Wiczyk director C/O HORIZON ACQUISITION, 600 STEAMBOAT ROAD, SUITE 200, GREENWICH CT 06830

Horizon Acquisition II Headlines