TURB (Turbo Energy) Total Liabilities : $8.07 Mil (As of Jun. 2024)

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What is Turbo Energy Total Liabilities?

Turbo Energy's Total Liabilities for the quarter that ended in Jun. 2024 was $8.07 Mil.

Turbo Energy's quarterly Total Liabilities increased from Jun. 2023 ($10.78 Mil) to Dec. 2023 ($10.87 Mil) but then declined from Dec. 2023 ($10.87 Mil) to Jun. 2024 ($8.07 Mil).

Turbo Energy's annual Total Liabilities increased from Dec. 2021 ($9.90 Mil) to Dec. 2022 ($11.99 Mil) but then declined from Dec. 2022 ($11.99 Mil) to Dec. 2023 ($10.87 Mil).

Turbo Energy Total Liabilities Historical Data

The historical data trend for Turbo Energy's Total 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.

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Turbo Energy Total Liabilities Chart

Turbo Energy Annual Data

Trend

Dec21

Dec22

Dec23

Total Liabilities

9.90

11.99

10.87

Turbo Energy Semi-Annual Data
	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Total Liabilities	Get a 7-Day Free Trial			-	11.99	10.78	10.87	8.07

Turbo Energy Total Liabilities Calculation

Total Liabilities are the liabilities that the company has to pay others. It is a part of the balance sheet of a company that shareholders do not own, and would be obligated to pay back if the company liquidated.

Turbo Energy's Total Liabilities for the fiscal year that ended in Dec. 2023 is calculated as

Total Liabilities	=	Total Current Liabilities	+	Total Noncurrent Liabilities
	=	Total Current Liabilities	+	(Long-Term Debt & Capital Lease Obligation	+	Other Long-Term Liabilities
	=	10.714	+	(0.123	+	-0.0010000000000005
	+	NonCurrent Deferred Liabilities	+	PensionAndRetirementBenefit	+	NonCurrent Deferred Income Tax)
	+	0.036	+	0	+	0)
	=	10.87

Total Liabilities	=	Total Assets (A: Dec. 2023 )	-	Total Equity (A: Dec. 2023 )
	=	16.605	-	5.733
	=	10.87

Turbo Energy's Total Liabilities for the quarter that ended in Jun. 2024 is calculated as

Total Liabilities	=	Total Current Liabilities	+	Total Noncurrent Liabilities
	=	Total Current Liabilities	+	(Long-Term Debt & Capital Lease Obligation	+	Other Long-Term Liabilities
	=	5.336	+	(0.011	+	2.69
	+	NonCurrent Deferred Liabilities	+	PensionAndRetirementBenefit	+	NonCurrent Deferred Income Tax)
	+	0.036	+	0	+	0)
	=	8.07

Total Liabilities	=	Total Assets (Q: Jun. 2024 )	-	Total Equity (Q: Jun. 2024 )
	=	10.688	-	2.615
	=	8.07

Turbo Energy Total Liabilities Related Terms

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Turbo Energy Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Turbo Energy SA (NAS:TURB) » Definitions » Total Liabilities

Traded in Other Exchanges

X8WA:Germany

Address

Isabel la Catolica Street, 8, Offices 50-51, Valencia, ESP, 46004

Website

https://www.turbo-e.com

Turbo Energy SA is a company that specializes in designing, developing, and distributing equipment for the generation, management, and storage of photovoltaic energy. The company's primary activities include acquiring, distributing, and selling electrical and electronic materials for renewable energy projects, such as solar panels, inverters, chargers, regulators, batteries, and structures. The storage products are managed through a software system optimized by artificial intelligence, which is controlled from the cloud and through the installation inverter. Turbo Energy sells inverters, batteries, and photovoltaic modules to installers and other distributors for residential consumers in Spain.