GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Tel Instrument Electronics Corp (OTCPK:TIKK) » Definitions » Total Current Liabilities

Tel Instrument Electronics (Tel Instrument Electronics) Total Current Liabilities : $2.24 Mil (As of Dec. 2023)


View and export this data going back to 1994. Start your Free Trial

What is Tel Instrument Electronics Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. Tel Instrument Electronics's total current liabilities for the quarter that ended in Dec. 2023 was $2.24

Tel Instrument Electronics Total Current Liabilities Historical Data

The historical data trend for Tel Instrument Electronics'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.

Tel Instrument Electronics Total Current Liabilities Chart

Tel Instrument Electronics Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Total Current Liabilities
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.15 8.25 7.97 7.40 8.10

Tel Instrument Electronics Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Total Current Liabilities Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 7.71 8.10 8.22 2.13 2.24

Tel Instrument Electronics Total Current Liabilities Calculation

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

Tel Instrument Electronics's Total Current Liabilities for the fiscal year that ended in Mar. 2023 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=6.917+0.892
+Other Current Liabilities+Current Deferred Liabilities
=0.164+0.123
=8.10

Tel Instrument Electronics's Total Current Liabilities for the quarter that ended in Dec. 2023 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=1.256+0.898
+Other Current Liabilities+Current Deferred Liabilities
=0+0.083
=2.24

* 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

Tel Instrument Electronics Total Current Liabilities Related Terms

Thank you for viewing the detailed overview of Tel Instrument Electronics's Total Current Liabilities provided by GuruFocus.com. Please click on the following links to see related term pages.

Tel Instrument Electronics (Tel Instrument Electronics) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Tel Instrument Electronics Corp (OTCPK:TIKK) » Definitions » Total Current Liabilities
Comparable Companies
ETCC MNTS PRZO USDR XERI HWKE AULT BANT SIDU ASTC XPAR:AIR RTX BA LMT XPAR:SAF GD NOC TDG LSE:BA. LSE:RR.
Traded in Other Exchanges
N/A
Address
One Branca Road, East Rutherford, NJ, USA, 07073
Website
https://www.telinstrument.com
Tel Instrument Electronics Corp is a designer and manufacturer of avionics test and measurement solutions for the global commercial air transport, general aviation, and government, military aerospace, and defense markets. It designs, manufactures and sells instruments to test and measure, and calibrates and repairs airborne navigation and communication equipment. The company's reportable segments are Avionics government and Avionics commercial. The avionics government segment consists of the design, manufacture, and sale of test equipment to the U.S. and foreign governments and militaries. The Avionics commercial segment consists of design, manufacture, and sale of test equipment to domestic and foreign airlines. It generates a majority of its revenue from the Avionics Government segment.
Executives
Dowling Vincent J. Jr 10 percent owner 54 LEDYARD, WEST HARTFORD CT 06117
Robert A Rice director 728 GARDEN ST, CARLSTADT NJ 07072
Joseph P Macaluso 10 percent owner, officer: Principal Accounting Officer
Stephen A Fletcher director, 10 percent owner ONE BRANCA RD, EAST RUTHERFORD NJ 07073-2121
Sadie Elizabeth Fletcher 10 percent owner ONE BRANCA RD, EAST RUTHERFORD NJ 07073-2121
Michael Wolfgang Schirmer officer: Chief Operating Officer ONE BRANCA ROAD, EAST RUTHERFORD NJ 07073
Jeff C Ohara director ONE BRANCA RD, EAST RUTHERFORD NJ 07073
George J Leon director, 10 percent owner
Chris H Allen officer: VP of Operations ONE BRANCA RD, EAST RUTHERFORD NJ 07073
Harold K Fletcher director, 10 percent owner, officer: CEO
Marc A Mastrangelo officer: Vice President-Manufacturing 728 GARDEN ST, CARLSTADT NJ 07072
Adam Rachlin officer: Vice President 728 GARDEN ST, CARLSTADT NJ 07072
Charles R Palanzo officer: COO 728 GARDEN STREET, CARLSTADT NJ 07072
Robert H Walker director C/O ROBOTIC VISION SYSTEMS INC, 486 AMHERST STREET, NASHUA NH 03063
Robert J Melnick director, officer: Vice President

Tel Instrument Electronics (Tel Instrument Electronics) Headlines

From GuruFocus

Tel Instrument Electronics Corp Reports Operating Results (10-Q)

By gurufocus 10qk • 02-15-2011

Tel Instrument Electronics Corp Reports Operating Results (10-Q)

By gurufocus • 02-18-2009

Tel Instrument Electronics Corp (TIK) President/COO Jeff C Ohara buys 18,000 Shares

By GuruFocus Research GuruFocus Editor • 10-01-2009

Tel Instrument Electronics Corp Reports Operating Results (10-K)

By gurufocus 10qk • 07-14-2010

Tel Instrument Electronics Corp Reports Operating Results (10-Q)

By gurufocus 10qk • 11-16-2009

Tel Instrument Electronics Corp Reports Operating Results (10-Q)

By gurufocus 10qk • 02-16-2010

Tel Instrument Electronics Corp Reports Operating Results (10-Q)

By gurufocus • 08-14-2009

Tel Instrument Electronics Corp Reports Operating Results (10-Q)

By gurufocus 10qk • 11-15-2010