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Titanium Transportation Group (Titanium Transportation Group) Total Current Liabilities : $72.9 Mil (As of Mar. 2024)


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What is Titanium Transportation 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. Titanium Transportation Group's total current liabilities for the quarter that ended in Mar. 2024 was $72.9

Titanium Transportation Group Total Current Liabilities Historical Data

The historical data trend for Titanium Transportation 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.

Titanium Transportation Group Total Current Liabilities Chart

Titanium Transportation Group Annual Data
Trend Mar14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Current Liabilities
Get a 7-Day Free Trial Premium Member Only Premium Member Only 27.17 28.01 75.30 58.49 73.56

Titanium Transportation Group Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 55.79 61.31 78.38 73.56 72.93

Titanium Transportation 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.

Titanium Transportation Group'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
=24.718+48.843
+Other Current Liabilities+Current Deferred Liabilities
=0+0
=73.6

Titanium Transportation Group's Total Current Liabilities for the quarter that ended in Mar. 2024 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=31.68+41.251
+Other Current Liabilities+Current Deferred Liabilities
=0+0
=72.9

* 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

Titanium Transportation Group Total Current Liabilities Related Terms

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Titanium Transportation Group (Titanium Transportation Group) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Titanium Transportation Group Inc (OTCPK:TTNMF) » Definitions » Total Current Liabilities
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Traded in Other Exchanges
TTNM:Canada
Address
32 Simpson Road, Bolton, ON, CAN, L7E 1G9
Website
https://www.ttgi.com
Titanium Transportation Group Inc is assets-based transportation and logistics firm that provides services like truckload, dedicated, cross-border trucking services, freight logistics, warehousing, and distribution. The company operating segments namely, the Truck Transportation segment represents the pickup and delivery of full loads across Canada and the United States using a closed van, flatbed or other specialized equipment, and the logistics segment represents the brokering of freight across North America. Most of its revenue is earned through the Truck transportation segment. The group has a business presence in Canada and the United States.