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Tingo (TMNA) Total Current Liabilities : $38.4 Mil (As of Jun. 2023)


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What is Tingo Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. Tingo's total current liabilities for the quarter that ended in Jun. 2023 was $38.4

Tingo Total Current Liabilities Historical Data

The historical data trend for Tingo'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.

Tingo Total Current Liabilities Chart

Tingo Annual Data
Trend Jun15 Jun16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Total Current Liabilities
Get a 7-Day Free Trial 0.11 1.15 88.14 1,094.87 28.54

Tingo Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
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 806.31 600.39 28.54 37.37 38.40

Tingo Total Current Liabilities Calculation

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

Tingo's Total Current Liabilities for the fiscal year that ended in Dec. 2022 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=1.843+23.75
+Other Current Liabilities+Current Deferred Liabilities
=2.948+0
=28.5

Tingo's Total Current Liabilities for the quarter that ended in Jun. 2023 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=2.441+23.772
+Other Current Liabilities+Current Deferred Liabilities
=12.185+0
=38.4

* 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

Tingo Total Current Liabilities Related Terms

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Tingo (TMNA) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Software » Tingo Inc (OTCPK:TMNA) » Definitions » Total Current Liabilities
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Traded in Other Exchanges
N/A
Address
11650 South State Street, Suite 240, Draper, UT, USA, 84020
Website
https://www.tingoinc.com
Tingo Inc is an Agri-Fintech company offering a comprehensive platform service through the use of smartphones (using GSM technology) to empower a marketplace to enable subscribers/farmers within and outside of the agricultural sector to manage their commercial activities. The ecosystem provides a 'one-stop-shop solution to enable such subscribers to manage everything from airtime top-ups, bill pay services for utilities and other service providers, access to insurance services, and microfinance to support their value chain from 'seed to sale'.
Executives
Dozy Mmobousi director, 10 percent owner, officer: CEO BRICKFIELD, RADLETT X0 WD7 8BS
Christophe Charlier director 7F 77/2 AL-FARABI AVENUE, ALMATY 1P 050040
Rory Bowen officer: Chief of Staff APARTMENT 19, 2 OFFENHAM ROAD, LONDON X0 SW9 7BN
Daksheshkumar B Patel director, officer: CFO APARTMENT 205, THE EMPEROR, 8 WEST ROAD SOUTH, SANDTON, JOHANNESBURG T3 2196
Leslie Nabanya Kasumba director 199 SIBAYA SANDS 9 THE STRAIGHT AVENUE, PINESLOPES, LONEHILL, SANDTON, JOHANNESBURG T3 2191
Kenneth I Denos officer: EVP, Genl Counsel & Secy 10757 SOUTH RIVER FRONT PARKWAY, SUITE 125, SOUTH JORDAN UT 84095
Onyekachi Elochukwu Onubogu director 14 A DASILVA ROAD, LAGOS Q5 101222
Christopher John Cleverly director, officer: President 60 THE GREEN, POULSHOT DEVICES X0 5N101RT
Derrick Randall-emeka director 21 MILESPIT HILL, MILL HILL X0 NW7 2PJ
Adewale Adebayo director 1004 ESTATE, CLUSTAR D1 APARTMENT 116, VICTORIA ISLAND / LAGOS Q5 101241
Alex Lightman director 3470 ONLEY-LAYTONSVILLE ROAD, SUITE 118, OLNEY MD 20832
John J Brown director 1450 BOOT RD BLDG 400, ROM TECH INC, WEST CHESTER PA 19380
Zoliwe Macanda-simbodyal director 29 WOOLCOMBES COURT, LONDON X0 SE16 5RQ
Gurjinder Johal director 301 EAST 21ST, #13B, NEW YORK NY 10010
Tingo, Inc. 10 percent owner 11650 SOUTH STATE STREET, SUITE 240, DRAPER UT 84020