GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Murphy Canyon Acquisition Corp (NAS:MURF) » Definitions » Total Current Liabilities

Murphy Canyon Acquisition (Murphy Canyon Acquisition) Total Current Liabilities : $2.03 Mil (As of Jun. 2023)


View and export this data going back to 2022. Start your Free Trial

What is Murphy Canyon Acquisition Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. Murphy Canyon Acquisition's total current liabilities for the quarter that ended in Jun. 2023 was $2.03


Murphy Canyon Acquisition Total Current Liabilities Historical Data

The historical data trend for Murphy Canyon Acquisition'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.

Murphy Canyon Acquisition Total Current Liabilities Chart

Murphy Canyon Acquisition Annual Data
Trend Dec21 Dec22
Total Current Liabilities
0.19 0.42

Murphy Canyon Acquisition Quarterly Data
Nov21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
Total Current Liabilities Get a 7-Day Free Trial 0.14 0.32 0.42 1.96 2.03

Murphy Canyon Acquisition Total Current Liabilities Calculation

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

Murphy Canyon Acquisition'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
=0.418+0
+Other Current Liabilities+Current Deferred Liabilities
=0+0
=0.42

Murphy Canyon Acquisition'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
=1.277+0.75
+Other Current Liabilities+Current Deferred Liabilities
=0+0
=2.03

* 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


Murphy Canyon Acquisition Total Current Liabilities Related Terms

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


Murphy Canyon Acquisition (Murphy Canyon Acquisition) Business Description

Traded in Other Exchanges
N/A
Address
4995 Murphy Canyon Road, Suite 300, San Diego, CA, USA, 92123
Murphy Canyon Acquisition Corp is a blank check company.
Executives
Shaolin Capital Management Llc 10 percent owner 230 NW 24TH STREET, SUITE 603, MIAMI FL 33127
Knuettel Ii Francis director 205 NEWBURY ST, SUITE 204, FRAMINGHAM MA 01701
Adam Sragovicz director, officer: CFO and Treasurer 1282 PACIFIC OAKS PLACE, ESCONDIDO CA 92029
Jack Kendrick Heilbron director, officer: CEO, President, and Chairman 16433 BRONCO LANE, POWAY CA 92064
Bentzen Edwin H Iv officer: Chief Accounting Officer 2513 BIRCH HOLLOW ST, HENDERSON NV 89044
Chele Chiavacci Farley director 4 RIDGE ROAD, TUXEDO PARK NY 10987
Richard Edward Feinberg director 2855 FIFTH AVENUE, UNIT 405, SAN DIEGO CA 92103
Murphy Canyon Acquisition Sponsor, Llc 10 percent owner 4995 MURPHY CANYON ROAD, SUITE 300, SAN DIEGO CA 92123