GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » NFT Ltd (AMEX:MI) » Definitions » Total Current Liabilities

NFT (MI) Total Current Liabilities : $9.94 Mil (As of Jun. 2023)


View and export this data going back to 2013. Start your Free Trial

What is NFT Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. NFT's total current liabilities for the quarter that ended in Jun. 2023 was $9.94

NFT Total Current Liabilities Historical Data

The historical data trend for NFT'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.

NFT Total Current Liabilities Chart

NFT Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Total Current Liabilities
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.10 25.95 18.50 8.88 15.34

NFT Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 15.64 14.82 15.34 16.72 9.94

NFT Total Current Liabilities Calculation

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

NFT'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
=2.388+1.55
+Other Current Liabilities+Current Deferred Liabilities
=8.7+2.706
=15.34

NFT's Total Current Liabilities for the quarter that ended in Jun. 2023 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=4.326+2.05
+Other Current Liabilities+Current Deferred Liabilities
=0+3.56
=9.94

* 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

NFT Total Current Liabilities Related Terms

Thank you for viewing the detailed overview of NFT's Total Current Liabilities provided by GuruFocus.com. Please click on the following links to see related term pages.

NFT (MI) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » NFT Ltd (AMEX:MI) » Definitions » Total Current Liabilities
Comparable Companies
PIK OCG JWEL JFBR ASAP WNW IPW YJ MOGU AMZN BABA PDD HKSE:03690 MELI JD CPNG SE EBAY TSE:4689 BOM:543320
Traded in Other Exchanges
N/A
Address
45-47 Au Pui Wan Street, Flat H 3rd Floor, Haribest Industrial Building, Sha Tin, Hong Kong, HKG
Website
https://www.takungae.com
NFT Ltd Formerly Takung Art Co Ltd operates an online electronic platform for offering and trading artwork. Through its platform, the company allows artists/art dealers/owners to access a much bigger art trading market where artists can engage with a wide range of investors. Its platform also invests in high-end artwork accessible to ordinary people without financial resources. The company's trading platforms comprise the sale of calligraphies and paintings, jewelry, and precious stones. It generates revenue in the form of services in connection with the offering and trading of artwork on its system, consisting of listing fees, trading commissions, and management fees.
Executives
Li Kwok Leung Paul officer: Chief Executive Officer ROOM 709 TOWER 2, ADMIRALTY CENTRE, 18 HARCOURT ROAD, ADMIRALTY, HONG KONG K3 00000
Jiangping Xiao director 801 W ADAMS ST, CHICAGO IL 60607
Tracy Chui-kam Ng officer: Chief Financial Officer ROOM 1105 WING ON PLAZA, 62 MODY ROAD, TSIM SHA TSUI, KOWLOON, HONG KONG K3 00000
Li Lv director ROOM 1105 WING ON PLAZA, 62 MODY ROAD, TSIM SHA TSUI, KOWLOON K3 999077
Xiaoyu Zhang director FLAT/RM 03-04 20/F HUTCHISON HOUSE, 10 HARCOURT ROAD, CENTRAL HONG KONG K3 00000
Yang Zhihua officer: Chief Executive Officer ROOM 1105 WING ON PLAZA, 62 MODY ROAD, TSIM SHA TSUI, KOWLOON K3 999077
Jing Wang officer: Chief Financial Officer ROOM 1105 WING ON PLAZA, 62 MODY ROAD, KOWLOON K3 999077
Hui Ngai Ma 10 percent owner 2A, BLOCK H3, CHI FU FA YUEN, POK FU LAM, HONG KONG K3 000000
Jian Xiao director, 10 percent owner C/O TAKUNG ART CO., LTD, 1105 WING ON PLAZA, 62 MODY ROAD, TSIM SHA TSUI, KOWLOON K3 999077
Fang Mu officer: Chief Executive Officer 1105 WING ON PLAZA, 62 MODY ROAD, TSIM SHA TSUI, KOWLOON K3 999077
Jehn Ming Lim officer: Chief Financial Officer FLAT E,7/F, BLOCK 3 ,BANYAN MANSION, WHAMPOA GARDEN,HUNG HOM, KOWLOON, HONG KONG K3 00000
Tianjian Long Shun Inv 10 percent owner SHAZHUANG VILLAGE, SHUANGJIE TOWN, BEICHEN DISTRICT, TIANJIN CITY F4 300400
Ming Cheng director FLAT/RM 03-04 20/F HUTCHISON HOUSE, 10 HARCOURT ROAD, CENTRAL HONG KONG K3 00000
Chow Chun Hin Leslie officer: Chief Financial Officer FLAT/RM 03-04 20/F HUTCHISON HOUSE, 10 HARCOURT ROAD, CENTRAL, HONG KONG F4 00000
Zishen Li director FLAT/RM 03-04 20/F HUTCHISON HOUSE, 10 HARCOURT ROAD, CENTRAL, HONG KONG NY 00000