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Twin Ridge Capital Acquisition (Twin Ridge Capital Acquisition) Total Current Liabilities : $6.47 Mil (As of Jun. 2023)


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What is Twin Ridge Capital 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. Twin Ridge Capital Acquisition's total current liabilities for the quarter that ended in Jun. 2023 was $6.47

Twin Ridge Capital Acquisition Total Current Liabilities Historical Data

The historical data trend for Twin Ridge Capital 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.

Twin Ridge Capital Acquisition Total Current Liabilities Chart

Twin Ridge Capital Acquisition Annual Data
Trend Dec21 Dec22
Total Current Liabilities
1.57 4.43

Twin Ridge Capital Acquisition Quarterly Data
Jan21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
Total Current Liabilities Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.44 1.47 4.43 5.88 6.47

Twin Ridge Capital 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.

Twin Ridge Capital Acquisition'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
=4.427+0
+Other Current Liabilities+Current Deferred Liabilities
=0+0
=4.43

Twin Ridge Capital Acquisition's Total Current Liabilities for the quarter that ended in Jun. 2023 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=5.833+0.64
+Other Current Liabilities+Current Deferred Liabilities
=0+0
=6.47

* 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

Twin Ridge Capital Acquisition Total Current Liabilities Related Terms

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Twin Ridge Capital Acquisition (Twin Ridge Capital Acquisition) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Twin Ridge Capital Acquisition Corp (NYSE:TRCA) » Definitions » Total Current Liabilities
Comparable Companies
APAC BRAC DMYY IVCP IPVF BACA GDST RCAC DUET ASCB PBAJ SVMB SCRM CVII AAC GHIX ALCC AACT DWAC SAGA
Traded in Other Exchanges
N/A
Address
999 Vanderbilt Beach Road, Suite 200, Naples, FL, USA, 34108
Website
https://www.twinridgecapitalac.com
Twin Ridge Capital Acquisition Corp is a blank check company.
Executives
Gary H Pilnick director
Dale F Morrison director, 10 percent owner 152 W 57TH ST, NEW YORK NY 10019
Twin Ridge Capital Sponsor, Llc director, 10 percent owner 707 MENLO AVENUE, SUITE 110, MENLO PARK CA 94025
Alison Sarah Burns director C/O TWIN RIDGE CAPITAL ACQUISITION CORP., 707 MENLO AVENUE, SUITE 110, MENLO PARK CA 94025
Sanjay Krishnakumar Morey director, 10 percent owner, officer: Co-CEO and President C/O TWIN RIDGE CAPITAL ACQUISITION CORP., 707 MENLO AVENUE, SUITE 110, MENLO PARK CA 94025
Russell William Peter Jr director, 10 percent owner, officer: Co-CEO and CFO C/O TWIN RIDGE CAPITAL ACQUISITION CORP., 707 MENLO AVENUE, SUITE 110, MENLO PARK CA 94025
Paul Henrys director C/O TWIN RIDGE CAPITAL ACQUISITION CORP., 707 MENLO AVENUE, SUITE 110, MENLO PARK CA 94025

Twin Ridge Capital Acquisition (Twin Ridge Capital Acquisition) Headlines

From GuruFocus

Carbon Revolution, a Leading Global Manufacturer of Carbon Fiber Wheels to the Automotive Industry, to List in U.S. via Business Combination with Twin Ridge Capital Acquisition Corp.

By Business Wire Business Wire • 11-30-2022

Carbon Revolution Announces Completion of SEC Review and Scheduling of Twin Ridge Shareholder Meeting

By Business Wire • 09-14-2023

Twin Ridge Capital Acquisition Corp. Announces Adjournment of Extraordinary General Meeting of Shareholders

By PRNewswire • 09-22-2023

Jake Dingle, CEO of Carbon Revolution, to Participate in IPO Edge Fireside Chat

By Business Wire • 07-24-2023

Carbon Revolution Secures US$60 Million Loan

By Business Wire Business Wire • 05-24-2023

Carbon Revolution, a Leading Global Manufacturer of Carbon Fiber Wheels to the Automotive Industry, and Twin Ridge Capital Acquisition Corp. Release Investor Webcast

By Business Wire Business Wire • 12-16-2022

Twin Ridge Capital Acquisition Corp. Announces the Separate Trading of its Class A Ordinary Shares and Warrants Commencing April 26, 2021

By Marketwired Marketwired • 04-23-2021

Carbon Revolution Enters Into Structured Equity Facility For Up To US$110 Million With OIC

By Business Wire • 09-25-2023

Carbon Revolution Announces Major Milestones in its Business Combination with Twin Ridge Capital Acquisition Corp.

By Business Wire • 10-19-2023

Carbon Revolution Strengthens Board With Appointment of Four U.S.-Based Senior Automotive Executives

By Business Wire • 09-18-2023