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Integrated Rail and Resources Acquisition (Integrated Rail and Resources Acquisition) Total Current Liabilities : $9.27 Mil (As of Dec. 2023)


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What is Integrated Rail and Resources 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. Integrated Rail and Resources Acquisition's total current liabilities for the quarter that ended in Dec. 2023 was $9.27

Integrated Rail and Resources Acquisition Total Current Liabilities Historical Data

The historical data trend for Integrated Rail and Resources 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.

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Integrated Rail and Resources Acquisition Total Current Liabilities Chart

Integrated Rail and Resources Acquisition Annual Data
Trend Dec21 Dec22 Dec23
Total Current Liabilities
0.29 1.09 9.27

Integrated Rail and Resources Acquisition Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Total Current Liabilities Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.09 4.42 6.08 8.38 9.27

Integrated Rail and Resources 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.

Integrated Rail and Resources Acquisition's Total Current Liabilities for the fiscal year that ended in Dec. 2023 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=3.8+5.471
+Other Current Liabilities+Current Deferred Liabilities
=0+0
=9.27

Integrated Rail and Resources Acquisition's Total Current Liabilities for the quarter that ended in Dec. 2023 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=3.8+5.471
+Other Current Liabilities+Current Deferred Liabilities
=0+0
=9.27

* 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

Integrated Rail and Resources Acquisition Total Current Liabilities Related Terms

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Integrated Rail and Resources Acquisition (Integrated Rail and Resources Acquisition) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Integrated Rail and Resources Acquisition Corp (OTCPK:IRRX) » Definitions » Total Current Liabilities
Comparable Companies
CSTA LGVC FDOC RMGC CNDB DHCA ALSA TWLV FRXB FLFV PBAJ SVMB SCRM CVII AAC GHIX ALCC AACT DWAC SAGA
Traded in Other Exchanges
N/A
Address
400 W. Morse Boulevard, Suite 220, Winter Park, FL, USA, 32789
Website
https://www.irr-x.com/
Integrated Rail and Resources Acquisition Corp is a blank check company. It is formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses.
Executives
Saba Capital Management, L.p. 10 percent owner 405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174
Boaz Weinstein 10 percent owner 405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174
Jason C. Reeves director 400 W. MORSE BOULEVARD, SUITE 220, WINTER PARK FL 32789
Ronald Curt Copley director 400 W. MORSE BOULEVARD, SUITE 220, WINTER PARK FL 32789
Troy O Welch director 6100 SOUTHWEST BOULEVARD, SUITE 320, FORT WORTH TX 76109
Didier Henry N Jr officer: See Remarks 6100 SOUTHWEST BOULEVARD, SUITE 320, FORT WORTH TX 76109
Robert L Bach officer: General Counsel 101 COURAGEOUS DRIVE, LEAGUE CITY TX 77573
Nathan Asplund director 6100 SOUTHWEST BOULEVARD, SUITE 320, FORT WORTH TX 76109
Chris A Bertel officer: Chief Financial Officer 6100 SOUTHWEST BOULEVARD, SUITE 320, FORT WORTH TX 76109
Richard D Bertel director, officer: Chief Executive Officer 6100 SOUTHWEST BOULEVARD, SUITE 320, FORT WORTH TX 76109
Michael Haeg officer: See Remarks 6100 SOUTHWEST BOULEVARD, SUITE 320, FORT WORTH TX 76109
Mark W Hemphill officer: See Remarks 6100 SOUTHWEST BOULEVARD, SUITE 320, FORT WORTH TX 76109
Timothy J Fisher director, officer: Chief Acquisition Officer 6100 SOUTHWEST BOULEVARD, SUITE 320, FORT WORTH TX 76109
Rollin D Bredenberg director 6100 SOUTHWEST BOULEVARD, SUITE 320, FORT WORTH TX 76109
Mark A Michel director, officer: Chief Operating Officer 6100 SOUTHWEST BOULEVARD, SUITE 320, FORT WORTH TX 76109