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TGI Solar Power Group (TGI Solar Power Group) Total Current Liabilities : $1.01 Mil (As of Jul. 2023)


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What is TGI Solar Power Group Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. TGI Solar Power Group's total current liabilities for the quarter that ended in Jul. 2023 was $1.01

TGI Solar Power Group Total Current Liabilities Historical Data

The historical data trend for TGI Solar Power 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.

* Premium members only.

TGI Solar Power Group Total Current Liabilities Chart

TGI Solar Power Group Annual Data
Trend Jul15 Jul16 Jul17 Jul22 Jul23
Total Current Liabilities
0.07 0.01 0.09 0.96 1.01

TGI Solar Power Group Semi-Annual Data
Jul15 Jul16 Jul17 Jul22 Jul23
Total Current Liabilities 0.07 0.01 0.09 0.96 1.01

TGI Solar Power Group Total Current Liabilities Calculation

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

TGI Solar Power Group's Total Current Liabilities for the fiscal year that ended in Jul. 2023 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=0.245+0.764
+Other Current Liabilities+Current Deferred Liabilities
=0+0
=1.01

TGI Solar Power Group's Total Current Liabilities for the quarter that ended in Jul. 2023 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=0.245+0.764
+Other Current Liabilities+Current Deferred Liabilities
=0+0
=1.01

* 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

TGI Solar Power Group Total Current Liabilities Related Terms

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TGI Solar Power Group (TGI Solar Power Group) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » TGI Solar Power Group Inc (OTCPK:TSPG) » Definitions » Total Current Liabilities
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Traded in Other Exchanges
N/A
Address
1801 North East 123rd Street, North Miami, FL, USA, 33181
Website
https://www.tgipower.com
TGI Solar Power Group Inc is engaged in the business of providing potential alternative energy solutions to residential and business customers. The company offers services such as Management Consulting, Project Management, International Business Development, Strategic Alliances, New Technology Incubator, Smart Sustainable City Development & Many More.
Executives
R Paul Gray director, 10 percent owner, officer: Executive VP of Business Dev. C/O UNITED THERAPEUTICS CORP, 1110 SPRING STREET, SILVER SPRINGS MD 20910
David A Dedman director 44050 ASHBURN PLAZA, SUITE 195, ASHBURN VA 20147
Neil Booth Strodel director 6 TEASEL LANE, SKANEATELES NY 13152
Wisneski John Thomas Jr director 2706 CLEARVIEW ROAD, ALLISON PARK PA 15101
Matthew Freeman Taylor director, other: Self 839 SOUTHRIDGE GREENS BLVD, FORT COLLINS CO 80525
Sequence Holdings Llc 10 percent owner 192 EAST BAY STREET, SUITE 300, CHARLESTON SC 29401
Linda Joy Putnam officer: Vice President and CFO 141 HERNDON MILL CIRCLE, HERNDON VA 20170
Core Concepts, Llc 10 percent owner 44050 ASHBURN PLAZA, SUITE 195, ASHBURN VA 20147
Timothy S Novak director, 10 percent owner, other: * See Remarks 8374 MARKET ST, STE 439, BRADENTON FL 34202
Tenthgate, Inc. 10 percent owner 44050 ASHBURN PLAZA, SUITE 195, ASHBURN VA 20147