GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » TMP Group SpA (MIL:TMP) » Definitions » Total Current Liabilities

TMP Group SpA (MIL:TMP) Total Current Liabilities : €2.37 Mil (As of Jun. 2024)


View and export this data going back to 2023. Start your Free Trial

What is TMP Group SpA Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. TMP Group SpA's total current liabilities for the quarter that ended in Jun. 2024 was €2.37

TMP Group SpA Total Current Liabilities Historical Data

The historical data trend for TMP Group SpA'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.

TMP Group SpA Total Current Liabilities Chart

TMP Group SpA Annual Data
Trend Dec21 Dec22 Dec23
Total Current Liabilities
2.23 3.21 3.29

TMP Group SpA Quarterly Data
Sep21 Dec21 Jun22 Sep22 Dec22 Jun23 Dec23 Jun24
Total Current Liabilities Get a 7-Day Free Trial 2.72 3.21 2.87 3.29 2.37

TMP Group SpA Total Current Liabilities Calculation

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

TMP Group SpA'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
=2.804+0.45
+Other Current Liabilities+Current Deferred Liabilities
=0.031+0
=3.29

TMP Group SpA's Total Current Liabilities for the quarter that ended in Jun. 2024 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=1.772+0.355
+Other Current Liabilities+Current Deferred Liabilities
=0.247+0
=2.37

* 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

TMP Group SpA Total Current Liabilities Related Terms

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

TMP Group SpA Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » TMP Group SpA (MIL:TMP) » Definitions » Total Current Liabilities
Comparable Companies
MIL:NTW MIL:VLC MIL:WEB MIL:TB MIL:DGT XPAR:PUB OMC SZSE:002027 IPG LSE:WPP TSE:4324 XPAR:DEC TSE:2433 ZD TSE:4751 SAU:4071 XTER:SAX SZSE:300058 IAS LSE:FOUR
Traded in Other Exchanges
N/A
Address
Via Tortona, 27, Milan, ITA, 20144
Website
https://www.tmpgroup.it
TMP Group SpA operates as a media company. It supports companies in the Manufactory, Fin-tech, Sport, and Fashion and Design industries in the management of positioning projects, business innovation, identity, and digital transformation through Digital Marketing, Experience and Events, Production, and Metaverse and NFT activities.