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Ambase (Ambase) Total Current Liabilities : $3.23 Mil (As of Dec. 2023)


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What is Ambase Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. Ambase's total current liabilities for the quarter that ended in Dec. 2023 was $3.23

Ambase Total Current Liabilities Historical Data

The historical data trend for Ambase'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.

Ambase Total Current Liabilities Chart

Ambase Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Current Liabilities
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.41 0.38 0.68 1.48 3.23

Ambase Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Total Current Liabilities Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.48 2.07 2.39 3.14 3.23

Ambase Total Current Liabilities Calculation

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

Ambase'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
=3.225+0
+Other Current Liabilities+Current Deferred Liabilities
=0+0
=3.23

Ambase'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
=3.225+0
+Other Current Liabilities+Current Deferred Liabilities
=0+0
=3.23

* 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

Ambase Total Current Liabilities Related Terms

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Ambase (Ambase) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Ambase Corp (OTCPK:ABCP) » Definitions » Total Current Liabilities
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Traded in Other Exchanges
N/A
Address
7857 West Sample Road, Suite 134, Coral Springs, FL, USA, 33065
Website
Ambase Corp is a United States-based holding company. It holds an equity interest in a real estate development property through a joint venture agreement to purchase and develop the real property located in New York, New York.
Executives
Camac Fund, Lp 10 percent owner CAMAC CAPITAL, LLC, 350 PARK AVENUE, 13TH FLOOR, NEW YORK NY 10022
Richard A Bianco officer: President & CEO C/O AMBASE CORP, 100 PUTNAM GREER 3RD FL, GREENWICH CT 06830-6027
Scott Michael Salant director C/O AMBASE CORPORATION, 12 LINCOLN BLVD. SUITE # 202, EMERSON NJ 07630
Jerry Y Carnegie director C/O AMBASE CORPORATION, 100 PUTNAM GREEN, THIRD FLOOR, GREENWICH CT 06830
Iszo Capital Lp 10 percent owner 590 MADISON AVENUE, 21ST FLOOR, NEW YORK NY 10022
Iszo Capital Management Lp 10 percent owner 590 MADISON AVENUE, 21ST FLOOR, NEW YORK NY 10022
Brian L. Sheehy 10 percent owner 415 MADISON AVENUE, 14TH FLOOR, NEW YORK NY 10017
Iszo Capital Gp Llc 10 percent owner 590 MADISON AVENUE, 21ST FLOOR, NEW YORK NY 10022
Joseph R Bianco officer: Treasurer C/O AMBASE CORPORATION, 100 PUTNAM GREEN, 3RD FLOOR, GREENWICH CT 06830
Bianco Richard A Jr director, 10 percent owner C/O BARRY STRAUSS & ASSOCIATES, 307 FIFTH AVENUE, NEW YORK NY 10016
Kenneth M Schmidt director C/O AMBASE CORPORATION, 100 PUTNAM GREEN, 3RD FLOOR, GREENWICH CT 06830
Horton Theodore T Jr director C/O AMBASE CORPORATION, 100 PUTNAM GREEN, 3RD FLOOR, GREENWICH CT 06830
Alessandra F Bianco director, 10 percent owner C/O BARRY STRAUSS & ASSOCIATES, 307 FIFTH AVENUE, NEW YORK NY 10016
Barc Investments Llc 10 percent owner C/O BARRY STRAUSS & ASSOCIATES, 307 FIFTH AVENUE, NEW YORK NY 10016
Christina A Bianco 10 percent owner C/O BARRY STRAUSS & ASSOCIATES, 307 FIFTH AVENUE, NEW YORK NY 10016