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LAMF Global Ventures I (LAMF Global Ventures I) Total Current Liabilities : $5.88 Mil (As of Dec. 2023)


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What is LAMF Global Ventures I Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. LAMF Global Ventures I's total current liabilities for the quarter that ended in Dec. 2023 was $5.88

LAMF Global Ventures I Total Current Liabilities Historical Data

The historical data trend for LAMF Global Ventures I'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.

LAMF Global Ventures I Total Current Liabilities Chart

LAMF Global Ventures I Annual Data
Trend Dec21 Dec22 Dec23
Total Current Liabilities
0.09 0.90 5.88

LAMF Global Ventures I Quarterly Data
Aug21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Total Current Liabilities Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.90 1.27 3.40 5.43 5.88

LAMF Global Ventures I Total Current Liabilities Calculation

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

LAMF Global Ventures I'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
=5.022+0
+Other Current Liabilities+Current Deferred Liabilities
=0.205+0.65
=5.88

LAMF Global Ventures I'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
=5.022+0
+Other Current Liabilities+Current Deferred Liabilities
=0.205+0.65
=5.88

* 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

LAMF Global Ventures I Total Current Liabilities Related Terms

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LAMF Global Ventures I (LAMF Global Ventures I) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » LAMF Global Ventures Corp I (NAS:LGVCU) » Definitions » Total Current Liabilities
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Traded in Other Exchanges
LGVC:USA
Address
9255 Sunset Blvd, Suite 515, West Hollywood, CA, USA, 90069
Website
https://lamfglobal.com
LAMF Global Ventures Corp I is a blank check company formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses.