GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Team Inc (NYSE:TISI) » Definitions » Total Current Liabilities

Team (TISI) Total Current Liabilities : $174.9 Mil (As of Dec. 2023)


View and export this data going back to 1992. Start your Free Trial

What is Team Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. Team's total current liabilities for the quarter that ended in Dec. 2023 was $174.9


Team Total Current Liabilities Historical Data

The historical data trend for Team'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.

Team Total Current Liabilities Chart

Team Annual Data
Trend May14 May15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Current Liabilities
Get a 7-Day Free Trial Premium Member Only Premium Member Only 150.54 133.00 188.27 448.86 174.94

Team 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 448.86 432.77 158.57 159.07 174.94

Team Total Current Liabilities Calculation

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

Team'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
=155.494+19.444
+Other Current Liabilities+Current Deferred Liabilities
=0+0
=174.9

Team'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
=155.494+19.444
+Other Current Liabilities+Current Deferred Liabilities
=0+0
=174.9

* 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


Team Total Current Liabilities Related Terms

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


Team (TISI) Business Description

Traded in Other Exchanges
Address
13131 Dairy Ashford, Suite 600, Sugar Land, TX, USA, 77478
Team Inc is a provider of specialty industrial services, including inspection, engineering assessment and mechanical repair and remediation required in maintaining high temperature and high-pressure piping systems and vessels that are utilized in refining, petrochemical, and others. The company operates in two segments namely Inspection and Heat Treating Group and Mechanical Services Group. Inspection and Heat Treating Group provides non-destructive testing services for the process, pipeline and power sectors and others. The Mechanical Services Group provides call-out and turnaround services under both on-stream and shut down circumstances.
Executives
Evan S. Lederman director C/O FIR TREE PARTNERS, 55 WEST 46TH STREET, 29TH FLOOR, NEW YORK NY 10036
Edward J. Stenger director C/O MOTORS LIQUIDATION COMPANY, 300 RENAISSANCE DRIVE, DETROIT MI 48625
Nelson M Haight officer: Chief Financial Officer 110 B JACKSON BLVD, HOUSTON TX 77006
Jeffery Gerald Davis director PO BOX 336, BURTON TX 77835
Anthony R Horton director 12377 MERIT DRIVE, SUITE 1700, DALLAS TX 75251
Michael J Caliel director 1800 WEST LOOP SOUTH, SUITE 500, HOUSTON TX 77027
Corre Opportunities Qualified Master Fund, Lp 10 percent owner 12 EAST 49TH STREET, 40TH FLOOR, NEW YORK NY 10017
Corre Horizon Fund, Lp 10 percent owner CONYERS TRUST COMPANY (CAYMAN) LTD, CRICKET SQUARE, HUTCHINS DR, BOX 2681, GRAND CAYMAN E9 KY1-1111
Corre Horizon Ii Fund, Lp 10 percent owner 12 EAST 49TH STREET, 40TH FLOOR, NEW YORK NY 10017
Corre Partners Management, Llc 10 percent owner 12 EAST 49TH STREET, SUITE 4003, NEW YORK NY 10017
J Michael Anderson director
Matthew E Acosta officer: VP & Chief Accounting Officer 13131 DAIRY ASHFORD, SUITE 600, SUGAR LAND TX 77478
Candice Koederitz director 937 TAHOE BOULEVARD, INCLINE VILLAGE NV 89451
Young Robert James Iii officer: President, AID 13131 DAIRY ASHFORD, SUITE 600, SUGAR LAND TX 77478
James Chadwick Murray officer: President, MOS 13131 DAIRY ASHFORD, SUITE 600, SUGAR LAND TX 77478

Team (TISI) Headlines

From GuruFocus

Team, Inc. Reports Second Quarter 2023 Results

By Marketwired 08-10-2023

Team, Inc. Completes Sale of Quest Integrity Business

By Value_Insider Value_Insider 11-01-2022

TEAM, INC. NAMES NELSON M. HAIGHT AS CHIEF FINANCIAL OFFICER

By PRNewswire PRNewswire 06-13-2022

TEAM, INC. RECEIVES CONTINUED LISTING NOTICE FROM NYSE

By PRNewswire PRNewswire 02-04-2022

TEAM, INC. NAMES NELSON M. HAIGHT AS CHIEF FINANCIAL OFFICER

By PRNewswire PRNewswire 07-03-2022

TEAM, INC. RECEIVES CONTINUED LISTING STANDARD NOTICE FROM NYSE

By PRNewswire PRNewswire 06-17-2022

TEAM, INC. NAMES NELSON M. HAIGHT AS CHIEF FINANCIAL OFFICER

By PRNewswire PRNewswire 06-23-2022

TEAM, INC. RECEIVES CONTINUED LISTING STANDARD NOTICE FROM NYSE

By PRNewswire PRNewswire 07-07-2022

Team, Inc. Announces Successful Closing of Refinancing Transactions

By sperokesalga sperokesalga 06-20-2023