GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Admiral Acquisition Ltd (LSE:ADMR) » Definitions » Total Current Liabilities

Admiral Acquisition (LSE:ADMR) Total Current Liabilities : $0.63 Mil (As of Nov. 2023)


View and export this data going back to 2023. Start your Free Trial

What is Admiral 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. Admiral Acquisition's total current liabilities for the quarter that ended in Nov. 2023 was $0.63

Admiral Acquisition Total Current Liabilities Historical Data

The historical data trend for Admiral 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.

* Premium members only.

Admiral Acquisition Total Current Liabilities Chart

Admiral Acquisition Annual Data
Trend Nov23
Total Current Liabilities
0.63

Admiral Acquisition Semi-Annual Data
May23 Nov23
Total Current Liabilities 0.50 0.63

Admiral 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.

Admiral Acquisition's Total Current Liabilities for the fiscal year that ended in Nov. 2023 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=0+0
+Other Current Liabilities+Current Deferred Liabilities
=0.625+0
=0.63

Admiral Acquisition's Total Current Liabilities for the quarter that ended in Nov. 2023 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=0+0
+Other Current Liabilities+Current Deferred Liabilities
=0.625+0
=0.63

* 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

Admiral Acquisition Total Current Liabilities Related Terms

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

Admiral Acquisition (LSE:ADMR) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Admiral Acquisition Ltd (LSE:ADMR) » Definitions » Total Current Liabilities
Comparable Companies
LSE:NEOA LSE:FINS LSE:ACG LSE:GSC LSE:BAY LSE:ALK LSE:KLSO LSE:BWN LSE:TMTA LSE:ONE PBAJ SVMB SCRM CVII AAC GHIX ALCC AACT DWAC SAGA
Traded in Other Exchanges
ADMNF:USA
Address
Wickhams Cay II, Ritter House, Road Town, Tortola, VGB, VG1110
Website
https://www.admiralacquisition.com
Admiral Acquisition Ltd is a blank check company.

Admiral Acquisition (LSE:ADMR) Headlines

No Headlines