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VAM Investments SPAC BV (XAMS:VAM) Total Current Liabilities : €0.80 Mil (As of Jun. 2023)


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What is VAM Investments SPAC BV Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. VAM Investments SPAC BV's total current liabilities for the quarter that ended in Jun. 2023 was €0.80

VAM Investments SPAC BV Total Current Liabilities Historical Data

The historical data trend for VAM Investments SPAC BV'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.

VAM Investments SPAC BV Total Current Liabilities Chart

VAM Investments SPAC BV Annual Data
Trend Dec21 Dec22
Total Current Liabilities
0.26 0.23

VAM Investments SPAC BV Semi-Annual Data
Jun21 Dec21 Jun22 Dec22 Jun23
Total Current Liabilities - 0.26 0.16 0.23 0.80

VAM Investments SPAC BV Total Current Liabilities Calculation

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

VAM Investments SPAC BV's Total Current Liabilities for the fiscal year that ended in Dec. 2022 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=0.233+0
+Other Current Liabilities+Current Deferred Liabilities
=0+0
=0.23

VAM Investments SPAC BV's Total Current Liabilities for the quarter that ended in Jun. 2023 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=0.796+0
+Other Current Liabilities+Current Deferred Liabilities
=0+0
=0.80

* 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

VAM Investments SPAC BV Total Current Liabilities Related Terms

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VAM Investments SPAC BV (XAMS:VAM) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » VAM Investments SPAC BV (XAMS:VAM) » Definitions » Total Current Liabilities
Comparable Companies
XAMS:EHCS XAMS:NAI XAMS:CTCA1 XAMS:LVIDE PBAJ SVMB SCRM CVII AAC GHIX ALCC AACT DWAC SAGA LSE:ADMR HCVI TRTL CCVI SLAM NETD
Traded in Other Exchanges
N/A
Address
Via Manzoni 3, Milano, ITA, 20121
Website
https://www.vaminvestments-spac.com
VAM Investments SPAC BV is a blank check company based in Milan, Italy. The Company's purpose is to ensure Supermoney gains access to the public capital markets and benefits from financial resources to further strengthen its market-leading position in the Italian utilities and telecommunications sector, to extend its value proposition through new streams of value-added products, and to potentially enter adjacent verticals through organic growth and/or strategic acquisitions.