GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » GigCapital5 Inc (NAS:GIA) » Definitions » Total Current Liabilities

GigCapital5 (GigCapital5) Total Current Liabilities : $8.93 Mil (As of Sep. 2023)


View and export this data going back to 2021. Start your Free Trial

What is GigCapital5 Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. GigCapital5's total current liabilities for the quarter that ended in Sep. 2023 was $8.93

GigCapital5 Total Current Liabilities Historical Data

The historical data trend for GigCapital5'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.

GigCapital5 Total Current Liabilities Chart

GigCapital5 Annual Data
Trend Dec21 Dec22
Total Current Liabilities
0.63 4.19

GigCapital5 Quarterly Data
Feb21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Total Current Liabilities Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 2.65 4.19 6.41 8.02 8.93

GigCapital5 Total Current Liabilities Calculation

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

GigCapital5'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
=3.325+0.861
+Other Current Liabilities+Current Deferred Liabilities
=0+0
=4.19

GigCapital5's Total Current Liabilities for the quarter that ended in Sep. 2023 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=6.355+2.576
+Other Current Liabilities+Current Deferred Liabilities
=-1.7763568394003E-15+0
=8.93

* 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

GigCapital5 Total Current Liabilities Related Terms

Thank you for viewing the detailed overview of GigCapital5's Total Current Liabilities provided by GuruFocus.com. Please click on the following links to see related term pages.

GigCapital5 (GigCapital5) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » GigCapital5 Inc (NAS:GIA) » Definitions » Total Current Liabilities
Comparable Companies
QFTA SLAC THCP IOAC MITA PORT CSLM EGGF DPCS SZZL PBAJ SVMB SCRM CVII AAC GHIX ALCC AACT DWAC SAGA
Traded in Other Exchanges
N/A
Address
1731 Embarcadero Road, Suite 200, Palo Alto, CA, USA, 94303
Website
https://www.gigcapitalglobal.com
GigCapital5 Inc is a blank check company.
Executives
Polar Asset Management Partners Inc. 10 percent owner 16 YORK STREET SUITE 2900, TORONTO A6 M5J 0E6
Sharmila Makhija director 1731 EMBARCADERO ROAD, SUITE 200, PALO ALTO CA 94303
Dorothy D Hayes director P.O. BOX 7850, ., MOUNTAIN VIEW CA 94039-7850
Neil Miotto director, 10 percent owner 2146 HARKINS AVE, MENLO PARK CA 94025
Avi S Katz director, 10 percent owner, officer: Executive Chairman C/O GIGCAPITAL, INC., 3000 EL CAMINO REAL, BLDG 4, SUITE 232, PALO ALTO CA 94306
Walter Bradford Weightman officer: Treasurer and CFO C/O GIGCAPITAL2, INC., 2479 E. BAYSHORE RD, SUITE 200, PALO ALTO CA 94303
Raluca Dinu director, 10 percent owner, officer: President, CEO and Secretary C/O GIGCAPITAL2, INC., 2479 E. BAYSHORE RD., SUITE 200, PALO ALTO CA 94303
Raanan Horowitz director C/O GIGCAPITAL5, INC., 1731 EMBARCADERO RD., SUITE 200, PALO ALTO CA 94303
Gigacquisitions5, Llc 10 percent owner 1731 EMBARCADERO ROAD SUITE 200, PALO ALTO CA 94303

GigCapital5 (GigCapital5) Headlines

From GuruFocus

QT Imaging to Present at the 3rd Annual B. Riley Securities Oncology Conference

By Business Wire Business Wire • 01-14-2023

GigCapital5, Inc. Announces Stockholder Approval of Extension Amendment to the Amended and Restated Certificate of Incorporation and Investment Management Trust Agreement

By Business Wire Business Wire • 03-28-2023

GigCapital5, Inc. Announces Closing of $230,000,000 Initial Public Offering

By Business Wire Business Wire • 09-28-2021

GigCapital5, Inc. Confirms Receipt of Sponsor Funds to Extend Period of Time to Consummate Business Combination and for Additional Working Capital

By Business Wire Business Wire • 01-26-2023

GigCapital5, Inc. Confirms Receipt of Sponsor Funds to Extend Period of Time to Consummate Business Combination and for Additional Working Capital

By Business Wire Business Wire • 12-28-2022

GigCapital5, Inc. Confirms Receipt of Sponsor Funds to Extend Period of Time to Consummate Business Combination and for Additional Working Capital

By Business Wire Business Wire • 10-26-2022

GigCapital5, Inc. Confirms Receipt of Sponsor Funds to Extend Period of Time to Consummate Business Combination and for Additional Working Capital

By Business Wire Business Wire • 02-27-2023

GigCapital5, Inc. Announces Stockholder Approval of Extension Amendment to the Amended and Restated Certificate of Incorporation and Investment Management Trust Agreement

By Business Wire • 09-29-2023

QT Imaging and GigCapital5 Announce Signing of Business Combination Agreement to Bring Breast and Full Body Imaging Solutions to the Public Markets

By Business Wire Business Wire • 12-12-2022

GigCapital5, Inc. Announces the Separate Trading of its Common Stock and Warrants Commencing November 4, 2021

By Business Wire Business Wire • 11-01-2021