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IPXX (Inflection Point Acquisition II) Total Current Liabilities : $2.73 Mil (As of Sep. 2024)


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What is Inflection Point 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. Inflection Point Acquisition II's total current liabilities for the quarter that ended in Sep. 2024 was $2.73

Inflection Point Acquisition II Total Current Liabilities Historical Data

The historical data trend for Inflection Point 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.

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Inflection Point Acquisition II Total Current Liabilities Chart

Inflection Point Acquisition II Annual Data
Trend Dec23
Total Current Liabilities
0.31

Inflection Point Acquisition II Quarterly Data
Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Total Current Liabilities Get a 7-Day Free Trial 0.20 0.31 0.51 0.65 2.73

Inflection Point 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.

Inflection Point Acquisition II's Total Current Liabilities for the fiscal year that ended in Dec. 2023 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=0.31+0
+Other Current Liabilities+Current Deferred Liabilities
=0+0
=0.31

Inflection Point Acquisition II's Total Current Liabilities for the quarter that ended in Sep. 2024 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=2.026+0.7
+Other Current Liabilities+Current Deferred Liabilities
=0+0
=2.73

* 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

Inflection Point Acquisition II Total Current Liabilities Related Terms

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Inflection Point Acquisition II Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Inflection Point Acquisition Corp II (NAS:IPXX) » Definitions » Total Current Liabilities
Comparable Companies
BKHA PUCK IROH IVCA NOEM DYCQ HSPO HSPT FSHP DTSQ AACT ANSC AAM EQV NETD CCIX GPAT ALF MBAV CCIR
Traded in Other Exchanges
N/A
Address
167 Madison Avenue, Suite 205 No. 1017, New York, NY, USA, 10016
Website
https://inflectionpointacquisition.com/home/defaul
Inflection Point Acquisition Corp II 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.
Executives
Michael Blitzer director, 10 percent owner, officer: Chief Executive Officer 1270 BROADWAY, SUITE 1009, NEW YORK NY 10001
Paula Sutter director 969 BROADWAY, SUITE 200, OAKLAND CA 94607
Nicholas Shekerdemian director 201 EAST 21ST STREET, NEW YORK NY 10010
Elliot Richmond director GROVE LODGE, LONG GROVE, SEER GREEN X0 HP9 2QH
Inflection Point Holdings Ii Llc director, 10 percent owner, officer: See Remarks, other: See Remarks 167 MADISON AVENUE, SUITE 205 #1017, NEW YORK NY 10016
Erica Dorfman director 167 MADISON AVENUE, SUITE 205 #1017, NEW YORK NY 10016
Samuel Sayegh director 167 MADISON AVENUE, SUITE 205 #1017, NEW YORK NY 10016
Peter Ondishin officer: Chief Financial Officer 167 MADISON AVENUE, SUITE 205 #1017, NEW YORK NY 10016