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Eline Entertainment Group (Eline Entertainment Group) Total Current Liabilities : $0.03 Mil (As of Jun. 2023)


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What is Eline Entertainment Group Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. Eline Entertainment Group's total current liabilities for the quarter that ended in Jun. 2023 was $0.03


Eline Entertainment Group Total Current Liabilities Historical Data

The historical data trend for Eline Entertainment Group'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.

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Eline Entertainment Group Total Current Liabilities Chart

Eline Entertainment Group Annual Data
Trend Oct00 Oct01 Oct02 Oct03 Oct04 Oct05 Dec21 Dec22
Total Current Liabilities
Get a 7-Day Free Trial 0.76 1.43 2.83 - -

Eline Entertainment Group Quarterly Data
Jul03 Oct03 Jan04 Apr04 Jul04 Oct04 Jan05 Apr05 Jul05 Oct05 Jan06 Apr06 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
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 Premium Member Only - - - 0.02 0.03

Eline Entertainment Group Total Current Liabilities Calculation

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

Eline Entertainment Group'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
=0.003+0
+Other Current Liabilities+Current Deferred Liabilities
=0+0
=0.00

Eline Entertainment Group's Total Current Liabilities for the quarter that ended in Jun. 2023 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=0.026+0
+Other Current Liabilities+Current Deferred Liabilities
=0+0
=0.03

* 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


Eline Entertainment Group Total Current Liabilities Related Terms

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Eline Entertainment Group (Eline Entertainment Group) Business Description

Traded in Other Exchanges
N/A
Address
89 Queensway, Suite 1113, Tower 2, Lippo Centre, Admiralty, HKG
Eline Entertainment Group Inc is a developmental stage company. Its plan of business has not been implemented but will involve mergers and acquisitions of operating companies .
Executives
Barry A Rothman officer: President 20118 OCEAN KEY DRIVE, BOCA RATON FL 33498
Jayme Dorrough director, 10 percent owner

Eline Entertainment Group (Eline Entertainment Group) Headlines

From GuruFocus

Eline Entertainment Group (OTC:EEGI) Submits Updated Filings

By PRNewswire PRNewswire 07-29-2021