GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Lightning eMotors Inc (FRA:9LK) » Definitions » Total Current Liabilities

Lightning eMotors (FRA:9LK) Total Current Liabilities : €65.83 Mil (As of Sep. 2023)


View and export this data going back to 2021. Start your Free Trial

What is Lightning eMotors Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. Lightning eMotors's total current liabilities for the quarter that ended in Sep. 2023 was €65.83

Lightning eMotors Total Current Liabilities Historical Data

The historical data trend for Lightning eMotors'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.

Lightning eMotors Total Current Liabilities Chart

Lightning eMotors Annual Data
Trend Dec19 Dec20 Dec21 Dec22
Total Current Liabilities
5.47 35.06 12.76 15.05

Lightning eMotors Quarterly Data
Dec19 Mar20 Sep20 Dec20 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 Premium Member Only Premium Member Only Premium Member Only 24.23 15.05 17.68 67.59 65.83

Lightning eMotors Total Current Liabilities Calculation

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

Lightning eMotors'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
=12.762+1.726
+Other Current Liabilities+Current Deferred Liabilities
=0.056000000000001+0.503
=15.05

Lightning eMotors'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
=10.203+53.55
+Other Current Liabilities+Current Deferred Liabilities
=1.537+0.543
=65.83

* 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

Lightning eMotors Total Current Liabilities Related Terms

Thank you for viewing the detailed overview of Lightning eMotors's Total Current Liabilities provided by GuruFocus.com. Please click on the following links to see related term pages.

Lightning eMotors (FRA:9LK) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Lightning eMotors Inc (FRA:9LK) » Definitions » Total Current Liabilities
Comparable Companies
AMMX CEAD ARTW CLEV CAT DE PCAR OSTO:VOLV A TSE:6201 TSE:6301 XAMS:EXO OSTO:EPI A SHSE:600031 TSE:6326 CNHI SZSE:000425 AGCO OHEL:METSO SZSE:000157 BOM:500477
Traded in Other Exchanges
ZEVY:USA
Address
815 14th Street South West, Suite A100, Loveland, CO, USA, 80537
Website
https://www.lightningemotors.com
Lightning eMotors Inc is engaged in designing and manufacturing zero-emission commercial trucks and buses and charging infrastructure solutions for fleets, large enterprises, original equipment manufacturers, and governments. Its product offerings range from cargo vans, transit and shuttle buses, school buses, specialty work trucks, ambulances, and electric powertrains for school buses, transit buses, and motor coaches. Its product solutions help its customers reduce their greenhouse gas emissions, lower operating costs and improve energy efficiency.

Lightning eMotors (FRA:9LK) Headlines

No Headlines