LMPX (LMP Automotive Holdings) Total Current Liabilities: $66.1 Mil (As of Sep. 2021)


LMPX LMP Automotive Holdings Inc LMPX
18 GF Score
Price $0.08
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What is LMP Automotive Holdings Total Current Liabilities?

LMP Automotive Holdings LMPX 18 Total Current Liabilities is $66.1 Mil as of Sep. 2021. GuruFocus rates LMPX with a GF Score™ of 18/100.

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. LMP Automotive Holdings's total current liabilities for the quarter that ended in Sep. 2021 was $66.1

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

LMP Automotive Holdings Total Current Liabilities Related Terms

LMP Automotive Holdings Total Current Liabilities Historical Data

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The historical data trend for LMP Automotive 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.

LMP Automotive Holdings Total Current Liabilities Chart

LMP Automotive Holdings Annual Data
Trend Dec17 Dec18 Dec19 Dec20
Total Current Liabilities
1.72 4.46 3.27 3.06

LMP Automotive Holdings Quarterly Data
Dec17 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21
Total Current Liabilities Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.00 3.06 82.15 76.68 66.14
LMPX
18GF Score
LMP Automotive Holdings Inc LMPX
Total Current Liabilities is just one metric. See GF Score™, valuation, warning signs, and more.
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LMP Automotive 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.

LMP Automotive Holdings's Total Current Liabilities for the fiscal year that ended in Dec. 2020 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=1.41+0.905
+Other Current Liabilities+Current Deferred Liabilities
=0.543+0.197
=3.1

LMP Automotive Holdings's Total Current Liabilities for the quarter that ended in Sep. 2021 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=17.147+46.57
+Other Current Liabilities+Current Deferred Liabilities
=0.61699999999999+1.805
=66.1

* 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 $66.1 Mil mean?
LMP Automotive Holdings (LMPX) has a Total Current Liabilities of $66.1 Mil as of Sep. 2021. The total amount of liabilities with maturity less than one year as recorded on a company's balance sheet. View historical data for LMP Automotive Holdings and its competitors.
Is LMP Automotive Holdings' Total Current Liabilities too high?
LMP Automotive Holdings' current Total Current Liabilities is $66.1 Mil. Overall, LMP Automotive Holdings has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does LMP Automotive Holdings' Total Current Liabilities compare to LOTZ and JZXN?
LMP Automotive Holdings' Total Current Liabilities of $66.1 Mil can be compared against companies in the Vehicles & Parts 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 Vehicles & Parts company?
A good Total Current Liabilities depends on the Vehicles & Parts 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 LMP Automotive Holdings and its competitors. LMP Automotive Holdings's current Total Current Liabilities is $66.1 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is LMP Automotive Holdings stock overvalued right now?
LMP Automotive Holdings (LMPX) has a current Total Current Liabilities of $66.1 Mil. The current Total Current Liabilities is $66.1 Mil. LMP Automotive Holdings' overall GF Score™ is 18/100. 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 LMP Automotive Holdings (LMPX), the current Total Current Liabilities is $66.1 Mil as of Sep. 2021. 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.

LMP Automotive Holdings Business Description

Address 500 East Broward Boulevard, Suite 1900, Fort Lauderdale, FL, USA, 33394
LMP Automotive Holdings Inc is an e-commerce and facilities-based retail platform for consumers who desire to buy, sell, rent, subscribe for or finance pre-owned and new automobiles. Its business model is described as Buy, Rent or Subscribe, Sell and Repeat. The company offer sales of pre-owned automobiles, and rentals and subscriptions for both pre-owned and new automobiles.
18GF Score

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