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Quantum Fintech Acquisition (Quantum Fintech Acquisition) Total Current Liabilities : $11.57 Mil (As of Sep. 2023)


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What is Quantum Fintech 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. Quantum Fintech Acquisition's total current liabilities for the quarter that ended in Sep. 2023 was $11.57

Quantum Fintech Acquisition Total Current Liabilities Historical Data

The historical data trend for Quantum Fintech 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.

Quantum Fintech Acquisition Total Current Liabilities Chart

Quantum Fintech Acquisition Annual Data
Trend Dec20 Dec21 Dec22
Total Current Liabilities
0.18 7.21 5.61

Quantum Fintech Acquisition Quarterly Data
Oct20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Total Current Liabilities Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.43 5.61 7.42 9.12 11.57

Quantum Fintech 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.

Quantum Fintech 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
=5.133+0.48
+Other Current Liabilities+Current Deferred Liabilities
=8.8817841970013E-16+0
=5.61

Quantum Fintech Acquisition's Total Current Liabilities for the quarter that ended in Sep. 2023 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=9.192+0.48
+Other Current Liabilities+Current Deferred Liabilities
=1.893+0
=11.57

* 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

Quantum Fintech Acquisition Total Current Liabilities Related Terms

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Quantum Fintech Acquisition (Quantum Fintech Acquisition) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Quantum Fintech Acquisition Corp (AMEX:QFTA) » Definitions » Total Current Liabilities
Comparable Companies
SLAC GIA THCP IOAC PORT MITA EGGF CSLM DPCS SZZL PBAJ SVMB SCRM CVII AAC GHIX ALCC AACT DWAC SAGA
Traded in Other Exchanges
N/A
Address
4221 W. Boy Scout Boulevard, Suite 300, Tampa, FL, USA, 33607
Website
https://www.qftacorp.com
Quantum Fintech Acquisition Corp is a blank check company.
Executives
Cable Car Capital Llc 10 percent owner 2261 MARKET STREET #4307, SAN FRANCISCO CA 94114
Jacob Ma-weaver 10 percent owner 2261 MARKET STREET, #4307, SAN FRANCISCO CA 94114
Funicular Funds, Lp 10 percent owner 2261 MARKET STREET, #4307, SAN FRANCISCO CA 94114
Sandip I Patel director C/O QUANTUM FINTECH ACQUISITION CORP, 4221 W. BOY SCOUT BLVD., SUITE 300, TAMPA FL 33607
Richard Korhammer director C/O QUANTUM FINTECH ACQUISITION CORP, 4221 W. BOY SCOUT BLVD., SUITE 300, TAMPA FL 33607
John Schaible director, officer: Chairman and CEO C/O QUANTUM FINTECH ACQUISITION CORP, 4221 W. BOY SCOUT BLVD., SUITE 300, TAMPA FL 33607
Quantum Ventures Llc 10 percent owner 4221 W. BOY SCOUT BLVD., SUITE 300, TAMPA FL 33607
Miguel Leon director, officer: Chief Financial Officer C/O QUANTUM FINTECH ACQUISITION CORP, 4221 W. BOY SCOUT BLVD., SUITE 300, TAMPA FL 33607
Daniel V Caamano director, officer: President C/O QUANTUM FINTECH ACQUISITION CORP, 4221 W. BOY SCOUT BLVD., SUITE 300, TAMPA FL 33607
Steven J. Carlson director C/O QUANTUM FINTECH ACQUISITION CORP, 4221 W. BOY SCOUT BLVD., SUITE 300, TAMPA FL 33607
Thomas Jon Hammond director C/O QUANTUM FINTECH ACQUISITION CORP, 4221 W. BOY SCOUT BLVD., SUITE 300, TAMPA FL 33607

Quantum Fintech Acquisition (Quantum Fintech Acquisition) Headlines

From GuruFocus

AtlasClear, Inc. and Quantum FinTech Acquisition Corporation Announce Confidential Submission of Registration Statement on Form S-4 in Connection with the Proposed Business Combination

By sperokesalga sperokesalga • 02-15-2023

TradeStation to Present at Upcoming Investor Conference

By Business Wire Business Wire • 03-03-2022

MMCAP International Inc. SPC Buys Mount Rainier Acquisition Corp, Quantum Fintech Acquisition Corp, Endurance Acquisition Corp, Sells , DTRT Health Acquisition Corp, Sierra Lake Acquisition Corp

By GuruFocusNews insider • 02-10-2022

CORRECTING and REPLACING Quantum FinTech Acquisition Corporation Announces Transfer of the Listing of its Common Stock to NYSE American and Mandatory Unit Separation Effective August 2, 2023

By Business Wire • 08-01-2023

AtlasClear, Inc. to Participate in Upcoming Investor Conferences

By Business Wire Business Wire • 05-24-2023

AtlasClear, Inc. and Quantum FinTech Acquisition Corporation Announce Filing of Registration Statement on Form S-4 in Connection with the Proposed Business Combination

By Business Wire Business Wire • 05-05-2023

TradeStation Group To Become Public Company Through Business Combination With Quantum FinTech

By Business Wire Business Wire • 11-04-2021

Moore Kuehn Encourages QFTA, LEVL, NPTN, and FVCB Investors to Contact Law Firm

By Don Li2 Don Li2 • 11-09-2021

TradeStation Group, Inc. and Quantum FinTech Acquisition Corporation Announce Filing by TradeStation of Registration Statement on Form S-4 in Connection with Proposed Business Combination Through Which TradeStation is to Become a Public Company

By Business Wire Business Wire • 12-27-2021

Quantum FinTech Acquisition Corporation Announces Transfer of the Listing of its Common Stock to NYSE American Effective August 2, 2023

By Business Wire • 07-31-2023