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Light Media Holdings (Light Media Holdings) Total Current Liabilities : $0.27 Mil (As of Dec. 2021)


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What is Light Media Holdings Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. Light Media Holdings's total current liabilities for the quarter that ended in Dec. 2021 was $0.27

Light Media Holdings Total Current Liabilities Historical Data

The historical data trend for Light Media Holdings'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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Light Media Holdings Total Current Liabilities Chart

Light Media Holdings Annual Data
Trend Dec21
Total Current Liabilities
0.27

Light Media Holdings Semi-Annual Data
Dec21
Total Current Liabilities 0.27

Light Media Holdings Total Current Liabilities Calculation

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

Light Media Holdings'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
=0.272+0
+Other Current Liabilities+Current Deferred Liabilities
=0+0
=0.27

Light Media Holdings's Total Current Liabilities for the quarter that ended in Dec. 2021 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=0.272+0
+Other Current Liabilities+Current Deferred Liabilities
=0+0
=0.27

* 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

Light Media Holdings Total Current Liabilities Related Terms

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Light Media Holdings (Light Media Holdings) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Light Media Holdings Inc (OTCPK:LGMH) » Definitions » Total Current Liabilities
Comparable Companies
BOM:539910 BOM:531692 BOM:532378 BOM:539352 BOM:531910 BOM:531420 BOM:526483 BOM:590126 OSL:WRE-ME BOM:532025 BOM:531898 BOM:531668 BOM:532035 HKSE:08078 BOM:541799 BOM:532350 BOM:511664 BOM:532392 NGM:NXAR NGM:N55
Traded in Other Exchanges
N/A
Address
2365 Wall Street, Conyers, GA, USA, 30013
Website
https://www.lightmedianetwork.com
Light Media Holdings Inc is engaged in inspirational media and entertainment, via a variety of websites and distribution channels. It consists of web and mobile-enabled digital properties, apps, and social media platforms, providing news, information, and entertainment that provide clients with a powerful reach and visibility within and throughout the media demographic. The company enables sponsors and advertisers to realize the superior benefits of integrated 360 digital advertising reach via audio/video, banner ads, e-blasts, and social media engagement.

Light Media Holdings (Light Media Holdings) Headlines

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