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Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. Trinet Group's total current liabilities for the quarter that ended in Dec. 2023 was $2,463
The historical data trend for Trinet Group'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.
Total Current Liabilities is the total amount of liabilities that the company needs to pay over the next 12 months.
Trinet Group'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 |
= | 2050 | + | 123 | |
+ | Other Current Liabilities | + | Current Deferred Liabilities | |
= | 225 | + | 65 | |
= | 2,463 |
Trinet Group'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 |
= | 2050 | + | 123 | |
+ | Other Current Liabilities | + | Current Deferred Liabilities | |
= | 225 | + | 65 | |
= | 2,463 |
* 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
Thank you for viewing the detailed overview of Trinet Group's Total Current Liabilities provided by GuruFocus.com. Please click on the following links to see related term pages.
Alexander G. Warren | officer: SVP, CHIEF REVENUE OFFICER | ONE PARK PLACE, SUITE 600, DUBLIN CA 94568 |
Burton M. Goldfield | director, officer: PRESIDENT, CEO and DIRECTOR | ONE PARK PLACE, SUITE 600, DUBLIN CA 94568 |
Ralph A. Clark | director | C/O SHOTSPOTTER, INC., 7979 GATEWAY BLVD., STE. 210, NEWARK CA 94560 |
Samantha Wellington | officer: SVP, CLO & SECRETARY | ONE PARK PLACE, SUITE 600, DUBLIN CA 94568 |
Kelly L Tuminelli | officer: EVP & CHIEF FINANCIAL OFFICER | TRINET GROUP, INC., ONE PARK PLACE, STE 600, DUBLIN CA 94568 |
L.p. Agi-t, | director, 10 percent owner | 40 MORRIS AVENUE, BRYN MAWR PA 19010 |
Paul Edward Chamberlain | director | C/O VEEVA SYSTEMS INC., 4280 HACIENDA DRIVE, PLEASANTON CA 94588 |
Jonathan D. Lee | officer: PRINCIPAL ACCOUNTING OFFICER | ONE PARK PLACE, SUITE 600, DUBLIN CA 94568 |
Jayaraman Venkataramani | officer: CHIEF DIGITAL & INNOV OFFICER | ONE PARK PLACE, SUITE 600, DUBLIN CA 94568 |
H Raymond Bingham | director | 2655 SEELY AVE, SAN JOSE CA 95134 |
Martin Babinec | director | TRINET GROUP INC., ONE PARK PLACE., STE. 600, DUBLIN CA 94568 |
Wayne B Lowell | director | 3061 ZANKER ROAD, SAN JOSE CA 95134 |
Olivier Kohler | officer: SVP, CHIEF OPERATING OFFICER | ONE PARK PLACE, SUITE 600, DUBLIN CA 94568 |
Myrna Soto | director | ONE ENERGY PLAZA, JACKSON MI 49201 |
Katherine August-dewilde | director | ONE PARK PLACE, SUITE 600, DUBLIN CA 94568 |
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