NLITW (Northern Lights Acquisition) Change In Working Capital : $1.58 Mil (TTM As of Jun. 2022)

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What is Northern Lights Acquisition Change In Working Capital?

Northern Lights Acquisition's change in working capital for the quarter that ended in Jun. 2022 was $1.04 Mil.

Northern Lights Acquisition's change in working capital for the fiscal year that ended in Dec. 2021 was $0.00 Mil.

It is calculated by adding the items under "Change in operating assets and liabilities" (may refer to a different name for different company) section in Cash Flow Statement. Not by calculating the number changes in each periods' working capital (Total Current Assets minus Total Current Liabilities).

Northern Lights Acquisition Change In Working Capital Historical Data

The historical data trend for Northern Lights Acquisition's Change In Working Capital 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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Northern Lights Acquisition Change In Working Capital Chart

Northern Lights Acquisition Annual Data

Trend

Dec21

Change In Working Capital

Northern Lights Acquisition Quarterly Data
	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22
Change In Working Capital	Get a 7-Day Free Trial			-	-	-	0.54	1.04

Northern Lights Acquisition Change In Working Capital Calculation

Change In Working Capital for the trailing twelve months (TTM) ended in Jun. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was $1.58 Mil.

Working Capital is a measure of a company's short term liquidity or its ability to cover short term liabilities. It is defined as the difference between a company's current assets and current liabilities.

Changes in Working Capital is reported in the cash flow statement since it is one of the major ways in which net income can differ from operating cash flow. It is calculated by adding the items under "Change in operating assets and liabilities" (may refer to a different name for different company) section in Cash Flow Statement.

Use Wal-Mart Stores Inc (Jan 2014, Annual Data) as an example: Source: Wal-Mart Stores Inc 2014-01-31 10-K from SEC

Consolidated Statements of Cash Flows	Fiscal Years Ended	January 31,	(Amounts in millions)
Cash flows from operating activities:	2014	2013	2012
Changes in certain assets and liabilities, net of effects of acquisitions:
Receivables, net	(566)	(614)	(796)
Inventories	(1,667)	(2,759)	(3,727)
Accounts payable	531	1,061	2,687
Accrued liabilities	103	271	(935)
Accrued income taxes	(1,224)	981	994

For 2014-01-31, add all the items under 2014 collum together, Change in Working Capital was (566) + (1,667) + 531 + 103 + (1,224) = $ (2,823) Mil.

Northern Lights Acquisition Change In Working Capital Related Terms

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Northern Lights Acquisition Business Description

Industry

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Traded in Other Exchanges

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Address

10 East 53rd Street, Suite 3001, New York, NY, USA, 10022

Website

Northern Lights Acquisition Corp is a blank check company. It is formed for the purpose of acquiring, engaging in a share exchange, share reconstruction and amalgamation with, purchasing all or substantially all of the assets of, entering into contractual arrangements with, or engaging in any other similar business combination with one or more businesses.