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Tuscan Holdings II (Tuscan Holdings II) Total Current Liabilities : $3.39 Mil (As of Sep. 2022)


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What is Tuscan Holdings II Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. Tuscan Holdings II's total current liabilities for the quarter that ended in Sep. 2022 was $3.39

Tuscan Holdings II Total Current Liabilities Historical Data

The historical data trend for Tuscan Holdings II'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.

Tuscan Holdings II Total Current Liabilities Chart

Tuscan Holdings II Annual Data
Trend Dec19 Dec20 Dec21
Total Current Liabilities
0.15 0.30 34.39

Tuscan Holdings II Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
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 24.70 34.39 70.37 3.11 3.39

Tuscan Holdings II Total Current Liabilities Calculation

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

Tuscan Holdings II'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
=0.625+2.171
+Other Current Liabilities+Current Deferred Liabilities
=31.596+0
=34.39

Tuscan Holdings II's Total Current Liabilities for the quarter that ended in Sep. 2022 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=0.436+2.949
+Other Current Liabilities+Current Deferred Liabilities
=0+0
=3.39

* 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

Tuscan Holdings II Total Current Liabilities Related Terms

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Tuscan Holdings II (Tuscan Holdings II) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Tuscan Holdings Corp II (OTCPK:THCA) » Definitions » Total Current Liabilities
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Traded in Other Exchanges
N/A
Address
135 E. 57th Street, 17th Floor, New York, NY, USA, 10022
Website
Tuscan Holdings Corp II is a blank check company.
Executives
Michael Auerbach director 158 HESTER STREET, APT 7F, NEW YORK NY 10013
Stephen A Vogel director, 10 percent owner, officer: Chief Executive Officer 701 BRAZOS STREET, SUITE 1200, AUSTIN TX 78701
Richard O. Rieger officer: Chief Financial Officer C/O TUSCAN HOLDINGS CORP., 135 E. 57TH ST., 18TH FLOOR, NEW YORK NY 10022
David H Dickstein director C/O TUSCAN HOLDINGS CORP. II, 135 E 57TH ST 17TH FL, NEW YORK NY 10022