NLITW (Northern Lights Acquisition) Total Current Liabilities: $2.19 Mil (As of Jun. 2022)


NLITW Northern Lights Acquisition Corp NLITW
20 GF Score
Price $0.24
! 1 Warning Sign
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What is Northern Lights Acquisition Total Current Liabilities?

Northern Lights Acquisition NLITW 20 Total Current Liabilities is $2.19 Mil as of Jun. 2022. GuruFocus rates NLITW with a GF Score™ of 20/100. The stock has 1 warning sign investors should review.

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. Northern Lights Acquisition's total current liabilities for the quarter that ended in Jun. 2022 was $2.19

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

Northern Lights Acquisition Total Current Liabilities Related Terms

Northern Lights Acquisition Total Current Liabilities Historical Data

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The historical data trend for Northern Lights 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.

Northern Lights Acquisition Total Current Liabilities Chart

Northern Lights Acquisition Annual Data
Trend Dec21
Total Current Liabilities
0.48

Northern Lights Acquisition Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22
Total Current Liabilities Get a 7-Day Free Trial 0.53 0.15 0.48 1.09 2.19
NLITW
20GF Score
Northern Lights Acquisition Corp NLITW
Total Current Liabilities is just one metric. See GF Score™, valuation, warning signs, and more.
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Northern Lights 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.

Northern Lights Acquisition'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
=0.476+0
+Other Current Liabilities+Current Deferred Liabilities
=0+0
=0.48

Northern Lights Acquisition's Total Current Liabilities for the quarter that ended in Jun. 2022 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=2.188+0
+Other Current Liabilities+Current Deferred Liabilities
=0+0
=2.19

* 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 $2.19 Mil mean?
Northern Lights Acquisition (NLITW) has a Total Current Liabilities of $2.19 Mil as of Jun. 2022. The total amount of liabilities with maturity less than one year as recorded on a company's balance sheet. View historical data for Northern Lights Acquisition and its competitors.
Is Northern Lights Acquisition's Total Current Liabilities too high?
Northern Lights Acquisition's current Total Current Liabilities is $2.19 Mil. Overall, Northern Lights Acquisition has a GF Score™ of 20/100, reflecting its overall financial health beyond just this single metric.
How does Northern Lights Acquisition's Total Current Liabilities compare to KWAC and MBTC?
Northern Lights Acquisition's Total Current Liabilities of $2.19 Mil can be compared against companies in the Diversified Financial Services 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 Diversified Financial Services company?
A good Total Current Liabilities depends on the Diversified Financial Services 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 Northern Lights Acquisition and its competitors. Northern Lights Acquisition's current Total Current Liabilities is $2.19 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Northern Lights Acquisition stock overvalued right now?
Northern Lights Acquisition (NLITW) has a current Total Current Liabilities of $2.19 Mil. The current Total Current Liabilities is $2.19 Mil. Northern Lights Acquisition's overall GF Score™ is 20/100 with 1 warning sign to review. 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 Northern Lights Acquisition (NLITW), the current Total Current Liabilities is $2.19 Mil as of Jun. 2022. 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.

Northern Lights Acquisition Business Description

Address 10 East 53rd Street, Suite 3001, New York, NY, USA, 10022
Northern Lights Acquisition Corp is a blank check company. It is formed for the purpose of acquiring, engaging in a share exchange, share reconstruction and amalgamation with, purchasing all or substantially all of the assets of, entering into contractual arrangements with, or engaging in any other similar business combination with one or more businesses.
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