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Spartan Energy Acquisition (Spartan Energy Acquisition) Total Current Liabilities : $4.37 Mil (As of Sep. 2020)


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What is Spartan Energy 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. Spartan Energy Acquisition's total current liabilities for the quarter that ended in Sep. 2020 was $4.37


Spartan Energy Acquisition Total Current Liabilities Historical Data

The historical data trend for Spartan Energy 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.

Spartan Energy Acquisition Total Current Liabilities Chart

Spartan Energy Acquisition Annual Data
Trend Dec17 Dec18 Dec19
Total Current Liabilities
0.24 0.63 0.32

Spartan Energy Acquisition Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20
Total Current Liabilities Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.40 0.32 0.90 1.79 4.37

Spartan Energy 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.

Spartan Energy Acquisition's Total Current Liabilities for the fiscal year that ended in Dec. 2019 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=0.316+0
+Other Current Liabilities+Current Deferred Liabilities
=0+0
=0.32

Spartan Energy Acquisition's Total Current Liabilities for the quarter that ended in Sep. 2020 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=4.37+0
+Other Current Liabilities+Current Deferred Liabilities
=0+0
=4.37

* 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


Spartan Energy Acquisition Total Current Liabilities Related Terms

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Spartan Energy Acquisition (Spartan Energy Acquisition) Business Description

Traded in Other Exchanges
N/A
Address
9 West 57th Street, 43rd Floor, New York, NY, USA, 10019
Spartan Energy Acquisition Corp is a blank check company formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination.
Executives
Glazer Capital, Llc 10 percent owner 250 WEST 55TH STREET, SUITE 30A, NEW YORK NY 10019
Paul J Glazer 10 percent owner 250 WEST 55TH ST, SUITE 30A, NEW YORK NY 10019
John J Macwilliams director P O BOX 22027, TULSA OK 74121
Apollo Management Holdings Gp, Llc 10 percent owner 9 W. 57TH STREET, 43RD FLOOR, NEW YORK NY 10019
Apollo Management Holdings, L.p. 10 percent owner 9 W. 57TH STREET, NEW YORK NY 10019
Apollo Commodities Management, L.p. 10 percent owner 2711 CENTERVILLE ROAD, SUITE 400, WILMINGTON DE 19808
Gregory A Beard 10 percent owner C/O ATHLON ENERGY INC., 420 THROCKMORTON STREET, SUITE 1200, FORT WORTH TX 76102
Geoffrey Strong 10 percent owner C/O APOLLO MANAGEMENT, 9 W. 57TH STREET, 43RD FLOOR, NEW YORK NY 10019
Apollo Natural Resources Partners Ii, L.p. 10 percent owner ONE MANHATTANVILLE ROAD, SUITE 201, PURCHASE NY 10577
Spartan Energy Acquisition Sponsor Llc 10 percent owner 9 WEST 57TH STREET, 43RD FLOOR, NEW YORK NY 10019
Jan C. Wilson director 18 A HAZELTON AVE., SUITE 606, TORONTO A6 M5R 2E2
J Michael Stice director 525 CENTRAL PARK DRIVE, OKLAHOMA CITY OK 73105
Robert C Reeves director 1001 LOUISIANA STREET, HOUSTON TX 77002
James Crossen officer: CFO and CAO 9 WEST 57TH STREET, 43RD FLOOR, NEW YORK NY 10019

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