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8i Acquisition 2 (8i Acquisition 2) Total Current Liabilities : $4.73 Mil (As of Jul. 2022)


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What is 8i Acquisition 2 Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. 8i Acquisition 2's total current liabilities for the quarter that ended in Jul. 2022 was $4.73


8i Acquisition 2 Total Current Liabilities Historical Data

The historical data trend for 8i Acquisition 2'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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8i Acquisition 2 Total Current Liabilities Chart

8i Acquisition 2 Annual Data
Trend Jul21 Jul22
Total Current Liabilities
0.40 4.73

8i Acquisition 2 Quarterly Data
Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22
Total Current Liabilities Get a 7-Day Free Trial 0.40 0.51 3.44 3.88 4.73

8i Acquisition 2 Total Current Liabilities Calculation

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

8i Acquisition 2's Total Current Liabilities for the fiscal year that ended in Jul. 2022 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=0.911+0.8
+Other Current Liabilities+Current Deferred Liabilities
=0+3.019
=4.73

8i Acquisition 2's Total Current Liabilities for the quarter that ended in Jul. 2022 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=0.911+0.8
+Other Current Liabilities+Current Deferred Liabilities
=0+3.019
=4.73

* 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


8i Acquisition 2 Total Current Liabilities Related Terms

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8i Acquisition 2 (8i Acquisition 2) Business Description

Traded in Other Exchanges
N/A
Address
c/o 6 Eu Tong Sen Street, No. 08-13, Singapore, SGP, 059817
Website
8i Acquisition 2 Corp is a blank check company. It is formed for the purpose of entering into a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization or similar business combination with one or more businesses.
Executives
Chen Wei Wen Kelvin director, officer: CHIEF EXECUTIVE OFFICER C/O 1 PEMIMPIN DRIVE #12-07,, ONE PEMIMPIN SINGAPORE, SINGAPORE U0 576151
Alfred Lim director C/O 1 PEMIMPIN DRIVE #12-07, ONE PEMIMPI, SINGAPORE U0 576151
Kim Hing Chan director C/O 1 PEMIMPIN DRIVE #12-07, ONE PEMIMPIN SINGAPORE, SINGAPORE U0 576151
David Francis Capes director C/O 1 PEMIMPIN DRIVE #12-07, ONE PEMIMPIN SINGAPORE, SINGAPORE U0 576151
Daniel Tan officer: CHIEF TECHNOLOGY OFFICER C/O 1 PEMIMPIN DRIVE #12-07, ONE PEMIMPIN SINGAPORE, SINGAPORE U0 576151
Steven John Sobak officer: CHIEF FINANCIAL OFFICER C/O 1 PEMIMPIN DRIVE #12-07, ONE PEMIMPIN SINGAPORE, SINGAPORE U0 576151
Lim Thien Su Gerald director C/O 1 PEMIMPIN DRIVE #12-07, ONE PEMIMPI, SINGAPORE U0 576151
Alexander K. Arrow director PO BOX 3094, REDWOOD CITY CA 94064
Tan Meng Dong (james) director, 10 percent owner, officer: Chief Executive Officer UNIT 2003 KINGKEY 100, TOWER B, 5015 SHENNAN EAST ROAD, LUOHU DISTRICT, SHENZHEN/GUANGDONG F4 518000
Kwong Yeow Liew director RM 2313-2315, BLOCK B, ZHONGSHEN GARDEN, SHENZHEN F4 518101
Yap Guan Hong William director, officer: Chief Financial Officer 6 EU TONG SEN STREET, #08-13 THE CENTRAL, SINGAPORE U0 059817
Ajay Rajpal director 6 EU TONG SEN STREET, #08-13 THE CENTRAL, SINGAPORE U0 059817
8i Holdings 2 Pte Ltd 10 percent owner C/O 6 EU TONG SEN STREET, #08-13 THE CENTRAL, SINGAPORE U0 059817

8i Acquisition 2 (8i Acquisition 2) Headlines