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Horizon Space Acquisition I (Horizon Space Acquisition I) Total Current Liabilities : $0.62 Mil (As of Mar. 2024)


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What is Horizon Space Acquisition I Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. Horizon Space Acquisition I's total current liabilities for the quarter that ended in Mar. 2024 was $0.62

Horizon Space Acquisition I Total Current Liabilities Historical Data

The historical data trend for Horizon Space Acquisition I'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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Horizon Space Acquisition I Total Current Liabilities Chart

Horizon Space Acquisition I Annual Data
Trend Dec22 Dec23
Total Current Liabilities
0.04 0.41

Horizon Space Acquisition I Semi-Annual Data
Aug22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Total Current Liabilities Get a 7-Day Free Trial 0.01 0.05 0.13 0.41 0.62

Horizon Space Acquisition I Total Current Liabilities Calculation

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

Horizon Space Acquisition I'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
=0.134+0.28
+Other Current Liabilities+Current Deferred Liabilities
=-5.5511151231258E-17+0
=0.41

Horizon Space Acquisition I's Total Current Liabilities for the quarter that ended in Mar. 2024 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=0.136+0.48
+Other Current Liabilities+Current Deferred Liabilities
=0+0
=0.62

* 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

Horizon Space Acquisition I Total Current Liabilities Related Terms

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Horizon Space Acquisition I (Horizon Space Acquisition I) Business Description

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GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Horizon Space Acquisition I Corp (NAS:HSPOW) » Definitions » Total Current Liabilities
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Traded in Other Exchanges
HSPO:USA
Address
1412 Broadway, 21st Floor, Suite 21V, New York, NY, USA, 10018
Website
Horizon Space Acquisition I Corp is a blank check company.

Horizon Space Acquisition I (Horizon Space Acquisition I) Headlines

From GuruFocus

Horizon Space Acquisition I Corp. Announces the Separate Trading of its Ordinary Shares, Warrants, and Rights, Commencing on January 26, 2023

By ACCESSWIRE ACCESSWIRE • 01-24-2023

Horizon Space Acquisition I Corp. Announces Closing of $69 Million Initial Public Offering

By ACCESSWIRE ACCESSWIRE • 12-28-2022