TRUK (Truck Hero) Total Current Liabilities: $62.68 Mil (As of Jun. 2015)


What is Truck Hero Total Current Liabilities?

Truck Hero TRUK Total Current Liabilities is $62.68 Mil as of Jun. 2015.

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. Truck Hero's total current liabilities for the quarter that ended in Jun. 2015 was $62.68

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

Truck Hero Total Current Liabilities Related Terms

Truck Hero Total Current Liabilities Historical Data

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The historical data trend for Truck Hero'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.

Truck Hero Total Current Liabilities Chart

Truck Hero Annual Data
Trend Dec13 Dec14
Total Current Liabilities
22.37 26.93

Truck Hero Semi-Annual Data
Dec13 Jun14 Jun15
Total Current Liabilities 22.37 0.00 62.68

Truck Hero Total Current Liabilities Calculation

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

Truck Hero's Total Current Liabilities for the fiscal year that ended in Dec. 2014 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=23.526+3.4
+Other Current Liabilities+Current Deferred Liabilities
=0+0
=26.93

Truck Hero's Total Current Liabilities for the quarter that ended in Jun. 2015 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=43.9+18.78
+Other Current Liabilities+Current Deferred Liabilities
=0+0
=62.68

* 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 $62.68 Mil mean?
Truck Hero (TRUK) has a Total Current Liabilities of $62.68 Mil as of Jun. 2015. The total amount of liabilities with maturity less than one year as recorded on a company's balance sheet. View historical data for Truck Hero and its competitors.
Is Truck Hero's Total Current Liabilities too high?
Truck Hero's current Total Current Liabilities is $62.68 Mil.
How does Truck Hero's Total Current Liabilities compare to IMLE and PFTI?
Truck Hero's Total Current Liabilities of $62.68 Mil can be compared against companies in the Vehicles & Parts 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 Vehicles & Parts company?
A good Total Current Liabilities depends on the Vehicles & Parts 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 Truck Hero and its competitors. Truck Hero's current Total Current Liabilities is $62.68 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Truck Hero stock overvalued right now?
Truck Hero (TRUK) has a current Total Current Liabilities of $62.68 Mil. The current Total Current Liabilities is $62.68 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 Truck Hero (TRUK), the current Total Current Liabilities is $62.68 Mil as of Jun. 2015. 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.

Truck Hero Business Description

Truck Hero Inc was incorporated in Delaware in November 2007. The Company designs, manufactures and markets consumer accessories for pickup trucks. It offers a portfolio of branded and private label truck bed covers and accessories that include truck bed covers, truck caps, and bed liners custom-made fiberglass and aluminum truck caps and fiberglass truck bed covers to consumer and commercial markets and a line of retractable aluminum slat and hard-rolling truck bed covers, as well as bed rails and storage boxes. It also sells third party branded vehicle accessories online, which include floor mats, grill guards, steps, tool boxes, and towing product. The Company competes with the companies that manufacture and retail accessory and appearance products. It is subject to governmental laws and regulations.