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Spartan Acquisition III (Spartan Acquisition III) Total Current Liabilities : $6.98 Mil (As of Sep. 2021)


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What is Spartan Acquisition III Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. Spartan Acquisition III's total current liabilities for the quarter that ended in Sep. 2021 was $6.98

Spartan Acquisition III Total Current Liabilities Historical Data

The historical data trend for Spartan Acquisition III'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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Spartan Acquisition III Total Current Liabilities Chart

Spartan Acquisition III Annual Data
Trend Dec20
Total Current Liabilities
0.07

Spartan Acquisition III Quarterly Data
Dec20 Mar21 Jun21 Sep21
Total Current Liabilities 0.04 1.22 4.90 6.98

Spartan Acquisition III Total Current Liabilities Calculation

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

Spartan Acquisition III's Total Current Liabilities for the fiscal year that ended in Dec. 2020 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=0.071+0
+Other Current Liabilities+Current Deferred Liabilities
=0+0
=0.07

Spartan Acquisition III's Total Current Liabilities for the quarter that ended in Sep. 2021 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=6.979+0
+Other Current Liabilities+Current Deferred Liabilities
=0+0
=6.98

* 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

Spartan Acquisition III Total Current Liabilities Related Terms

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Spartan Acquisition III (Spartan Acquisition III) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Spartan Acquisition Corp III (NYSE:SPAQ.WS) » Definitions » Total Current Liabilities
Comparable Companies
YTPG BTAQ SNII HIGA TWNT HCVI FICV ENPC LEAP CPAR
Traded in Other Exchanges
N/A
Address
9 West 57th Street, 43rd Floor, New York, NY, USA, 10019
Website
https://www.spartanspaciii.com
Spartan Acquisition Corp III is a blank check company.

Spartan Acquisition III (Spartan Acquisition III) Headlines

From GuruFocus

Allego Announces Filing of Registration Statement on Form F-4 in Connection with its Proposed Business Combination with Apollo-Affiliated Spartan Acquisition Corp. III

By Business Wire Business Wire • 10-06-2021

Allego, a Leading Pan-European EV Charging company, to Become a Publicly Traded Company through a Business Combination with Apollo-Affiliated Spartan Acquisition Corp. III

By Business Wire Business Wire • 07-28-2021

Spartan Acquisition Corp. III Announces Receipt of Notification Letter from NYSE

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Allego Enters into Strategic Partnership with Nissan

By Business Wire Business Wire • 12-02-2021

Allego Enters Italy through Strategic Agreement with Tamoil Italia to Bring EV Charging to 11 Tamoil Sites

By Business Wire Business Wire • 03-03-2022

Spartan Acquisition Corp. III Stockholders Approve Previously Announced Business Combination with Allego Holding B.V.

By Business Wire Business Wire • 03-08-2022

Allego, the Largest Pan-European EV Fast Charging Network, Provides Business Update and Outlines Recent Strategic Milestones

By Business Wire Business Wire • 02-07-2022

Allego and REWE Nord Expand Partnership to Build Hundreds of Fast Charging Locations

By Business Wire Business Wire • 11-16-2021

The Honorable Jane F. Garvey, an Industry Leader and Former U.S. Official, to be Appointed Chairwoman of Allego Board of Directors

By Business Wire Business Wire • 11-30-2021

Allego, a Leading pan-European EV Charging Company to Present at the 24th Annual Needham Growth Conference

By Business Wire Business Wire • 01-10-2022