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SEP Acquisition (SEP Acquisition) Total Current Liabilities : $9.06 Mil (As of Mar. 2024)


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What is SEP Acquisition Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. SEP Acquisition's total current liabilities for the quarter that ended in Mar. 2024 was $9.06

SEP Acquisition Total Current Liabilities Historical Data

The historical data trend for SEP Acquisition'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.

SEP Acquisition Total Current Liabilities Chart

SEP Acquisition Annual Data
Trend Dec21 Dec22 Dec23
Total Current Liabilities
0.28 10.73 2.44

SEP Acquisition Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Total Current Liabilities Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.62 1.55 2.29 2.44 9.06

SEP Acquisition Total Current Liabilities Calculation

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

SEP Acquisition'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
=1.413+0.948
+Other Current Liabilities+Current Deferred Liabilities
=0.079+0
=2.44

SEP Acquisition'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
=7.084+1.653
+Other Current Liabilities+Current Deferred Liabilities
=0.323+0
=9.06

* 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

SEP Acquisition Total Current Liabilities Related Terms

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SEP Acquisition (SEP Acquisition) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » SEP Acquisition Corp (NAS:SEPA) » Definitions » Total Current Liabilities
Comparable Companies
JAQC ITAQ ROCL ROSE OLIT MBTC AFAR LBBB WTMA INTE PBAJ SVMB SCRM CVII AAC GHIX ALCC AACT DWAC SAGA
Traded in Other Exchanges
N/A
Address
3737 Buffalo Speedway, Suite 1750, Houston, TX, USA, 77098
Website
https://www.seplp.com
SEP Acquisition Corp is a blank check company. It is formed for the purpose of entering into a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses.
Executives
Marshall Blair Garrou director, 10 percent owner 3737 BUFFALO SPEEDWAY, SUITE 1750, HOUSTON TX 77098
David L. Magdol director 1300 POST OAK BOULEVARD, SUITE 800, HOUSTON TX 77056
Mia Mends director 5254 BIRDWOOD ROAD, HOUSTON TX 77096
Jay Gardner director 3737 BUFFALO SPEEDWAY, SUITE 1750, HOUSTON TX 77098
Mercury Sponsor Group I Llc 10 percent owner 3737 BUFFALO SPEEDWAY, SUITE 1750, HOUSTON TX 77098
Robert Andrew White director, 10 percent owner, officer: President and CEO 3737 BUFFALO SPEEDWAY, HOUSTON TX 77098
Winston Gilpin officer: CFO and Secretary 3737 BUFFALO SPEEDWAY, SUITE 1750, HOUSTON TX 77098
Carolyn Rodz director 3737 BUFFALO SPEEDWAY, SUITE 1750, HOUSTON TX 77098
Christine Cardenas officer: VP and Chief Strategy Officer 3737 BUFFALO SPEEDWAY, SUITE 1750, HOUSTON TX 77098

SEP Acquisition (SEP Acquisition) Headlines

From GuruFocus

SEP Acquisition Corp Announces New Ticker Symbols and Website

By Business Wire Business Wire • 01-23-2023

Mercury Ecommerce Acquisition Corp Announces Closing of Partial Exercise of Over-Allotment Option

By PRNewswire PRNewswire • 08-20-2021