THBD (Third Bench) Total Current Liabilities: $9.56 Mil (As of May. 2024)


What is Third Bench Total Current Liabilities?

Third Bench THBD Total Current Liabilities is $9.56 Mil as of May. 2024.

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. Third Bench's total current liabilities for the quarter that ended in May. 2024 was $9.56

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

Third Bench Total Current Liabilities Related Terms

Third Bench Total Current Liabilities Historical Data

* Premium members only.

The historical data trend for Third Bench'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.

Third Bench Total Current Liabilities Chart

Third Bench Annual Data
Trend Aug07 Aug08 Aug09 Aug10 Aug11 Aug12 Aug13 Aug14 Aug15
Total Current Liabilities
Get a 7-Day Free Trial Premium Member Only 0.01 0.21 0.83 0.91 1.22

Third Bench Quarterly Data
Feb10 May10 Aug10 Nov10 Feb11 May11 Aug11 Nov11 Feb12 May12 Aug12 Nov12 Feb13 May13 Aug13 Aug14 Aug15 May22 May23 May24
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 0.91 1.22 0.00 9.38 9.56

Third Bench Total Current Liabilities Calculation

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

Third Bench's Total Current Liabilities for the fiscal year that ended in Aug. 2015 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=0.22+0.539
+Other Current Liabilities+Current Deferred Liabilities
=0.463+0
=1.22

Third Bench's Total Current Liabilities for the quarter that ended in May. 2024 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=4.037+3.919
+Other Current Liabilities+Current Deferred Liabilities
=0.585+1.022
=9.56

* 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.

What does a Total Current Liabilities of $9.56 Mil mean?
Third Bench (THBD) has a Total Current Liabilities of $9.56 Mil as of May. 2024. The total amount of liabilities with maturity less than one year as recorded on a company's balance sheet. View historical data for Third Bench and its competitors.
Is Third Bench's Total Current Liabilities too high?
Third Bench's current Total Current Liabilities is $9.56 Mil.
How does Third Bench's Total Current Liabilities compare to SGI and SN?
Third Bench's Total Current Liabilities of $9.56 Mil can be compared against companies in the Furnishings, Fixtures & Appliances industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Current Liabilities for a Furnishings, Fixtures & Appliances company?
A good Total Current Liabilities depends on the Furnishings, Fixtures & Appliances industry context. However, Total Current Liabilities should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Total Current Liabilities mean?
A high Total Current Liabilities can signal that a stock is expensive relative to its fundamentals. The total amount of liabilities with maturity less than one year as recorded on a company's balance sheet. View historical data for Third Bench and its competitors. Third Bench's current Total Current Liabilities is $9.56 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Third Bench stock overvalued right now?
Third Bench (THBD) has a current Total Current Liabilities of $9.56 Mil. The current Total Current Liabilities is $9.56 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Current Liabilities calculated?
Total Current Liabilities is calculated from a company's financial statements. For Third Bench (THBD), the current Total Current Liabilities is $9.56 Mil as of May. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Third Bench Business Description

Address 710 North Post Oak, Suite 206, Houston, TX, USA, 77024
Third Bench Inc is a holding company. The company, along with its subsidiaries, offers products in categories: Residential Cabinets and countertops and commercial millwork throughout the Western U.S. for customers from California to Texas. It also provides installation services as a part of its vertical offering. Additionally, the company provides its products and services through its architectural millwork and retail facilities, located in Albuquerque and Las Cruces, New Mexico and Tucson, Arizona.