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AMPD Ventures (XCNQ:AMPD) Total Current Liabilities : C$2.98 Mil (As of Feb. 2023)


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What is AMPD Ventures Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. AMPD Ventures's total current liabilities for the quarter that ended in Feb. 2023 was C$2.98


AMPD Ventures Total Current Liabilities Historical Data

The historical data trend for AMPD Ventures'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.

AMPD Ventures Total Current Liabilities Chart

AMPD Ventures Annual Data
Trend May18 May19 May20 May21
Total Current Liabilities
0.38 0.90 1.31 1.05

AMPD Ventures Quarterly Data
May18 Aug18 Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 Aug22 Nov22 Feb23
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.40 0.83 2.26 2.60 2.98

AMPD Ventures Total Current Liabilities Calculation

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

AMPD Ventures's Total Current Liabilities for the fiscal year that ended in May. 2021 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=0.352+0.701
+Other Current Liabilities+Current Deferred Liabilities
=0+0
=1.05

AMPD Ventures's Total Current Liabilities for the quarter that ended in Feb. 2023 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=1.703+1.23
+Other Current Liabilities+Current Deferred Liabilities
=0+0.044
=2.98

* 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


AMPD Ventures Total Current Liabilities Related Terms

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AMPD Ventures (XCNQ:AMPD) Business Description

Traded in Other Exchanges
Address
577 Great Northern Way, Suite 210, Vancouver, BC, CAN, V5T 1E1
AMPD Ventures Inc is specialized in providing high-performance cloud and compute solutions for low-latency applications including video games and eSports, digital animation and visual effects, and big data collection, analysis, and visualization. Geographically, it derives a majority of revenue from Canada.

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