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AIQ (LSE:AIQ) Total Current Liabilities : £0.16 Mil (As of Oct. 2023)


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What is AIQ Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. AIQ's total current liabilities for the quarter that ended in Oct. 2023 was £0.16

AIQ Total Current Liabilities Historical Data

The historical data trend for AIQ'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.

AIQ Total Current Liabilities Chart

AIQ Annual Data
Trend Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Total Current Liabilities
Get a 7-Day Free Trial 0.51 0.39 0.34 0.23 0.16

AIQ Semi-Annual Data
Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23
Total Current Liabilities Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 0.34 0.31 0.23 0.19 0.16

AIQ Total Current Liabilities Calculation

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

AIQ's Total Current Liabilities for the fiscal year that ended in Oct. 2023 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=0.003+0
+Other Current Liabilities+Current Deferred Liabilities
=0.154+0
=0.16

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

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=0.003+0
+Other Current Liabilities+Current Deferred Liabilities
=0.154+0
=0.16

* 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

AIQ Total Current Liabilities Related Terms

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AIQ (LSE:AIQ) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » AIQ Ltd (LSE:AIQ) » Definitions » Total Current Liabilities
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Traded in Other Exchanges
N/A
Address
Genesis Close, Genesis Building, 5th Floor, PO Box 446, George Town, CYM, KY1-1106
Website
https://www.aiqhub.com
AIQ Ltd is an information technology software solutions provider, focused on the delivery of blockchain platforms in Asia through the provision of IT consultancy. It operates in a single segment, which is the sale of software and ancillary services. It offers OctaPLUS, which is an AI-powered online shopping platform; and also a messaging solution for business customers.