TriMas (TriMas) Total Current Liabilities : $159.5 Mil (As of Dec. 2023)

View and export this data going back to 2007. Start your Free Trial

What is TriMas Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. TriMas's total current liabilities for the quarter that ended in Dec. 2023 was $159.5

TriMas Total Current Liabilities Historical Data

The historical data trend for TriMas'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.

TriMas Total Current Liabilities Chart

TriMas Annual Data

Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23

Total Current Liabilities

Get a 7-Day Free Trial 119.79 137.19 154.90 140.15 159.45

TriMas Quarterly Data

Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23

Total Current Liabilities Get a 7-Day Free Trial 140.15 148.74 151.62 157.55 159.45

TriMas Total Current Liabilities Calculation

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

TriMas'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

= 145.04 + 7.9

+ Other Current Liabilities + Current Deferred Liabilities

= 6.51 + 0

= 159.5

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

Total Current Liabilities = Accounts Payable & Accrued Expense + Short-Term Debt & Capital Lease Obligation

= 145.04 + 7.9

+ Other Current Liabilities + Current Deferred Liabilities

= 6.51 + 0

= 159.5

* 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

TriMas Total Current Liabilities Related Terms
Thank you for viewing the detailed overview of TriMas's Total Current Liabilities provided by GuruFocus.com. Please click on the following links to see related term pages.

TriMas (TriMas) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » TriMas Corp (NAS:TRS) » Definitions » Total Current Liabilities

Comparable Companies

MYE PACK KRT VKSC AMBP YHGJ MGIH DSS OCTO OI BALL AVY PKG AMCR IP WRK DUB:SK3 CCK TSX:CCL.A GPK

Traded in Other Exchanges

MQ1:Germany

Address

38505 Woodward Avenue, Suite 200, Bloomfield Hills, MI, USA, 48304

Website

https://www.trimascorp.com

TriMas Corp is a United States-based company that designs, manufactures, and distributes engineered and applied products. The company operates through three segments. The packaging segment manufactures and distributes closure and dispensing systems. The aerospace segment supplies blind bolts, fasteners, rivets, and other products for the aerospace industry. The specialty product segment manufactures and distributes steel cylinders, wellhead engines, compression systems, industrial sealing, and fasteners.

Executives

Teresa M. Finley director 927 STOVALL BOULEVARD NE, ATLANTA GA 30319

Daniel P Tredwell director 177 BROAD STREET, 10TH FLOOR, STAMFORD CT 06901

Scott A Mell officer: Chief Financial Officer 4884 CIDER HILL DRIVE, ROCHESTER MI 48306

Jodi F. Robin officer: General Counsel and Secretary 38505 WOODWARD AVENUE, BLOOMFIELD HILLS MI 48304

Paul Swart other: Chief Accounting Officer 38505 WOODWARD AVENUE, STE. 200, BLOOMFIELD HILLS MI 48304

Jeffrey A Fielkow director 38505 WOODWARD AVENUE, SUITE 200, BLOOMFIELD HILLS MI 48304

Samuel Iii Valenti director, officer: Chairman 39400 WOODWARD AVENUE, SUITE 100, BLOOMFIELD HILLS MI 48304

Thomas A Amato director, officer: President and CEO 38505 WOODWARD AVENUE, SUITE 200, BLOOMFIELD HILLS MI 48304

Salik Fabio Leandro Matheus officer: President, TriMas Packaging 3012 FOREST CREEK CT., NAPERVILLE IL 60565

John Philip Schaefer officer: President, TriMas Aerospace 27411 VALDERAS, MISSION VIEJO CA 92691

Jeffrey M Greene director 4990 OLDE TOWNE WAY, MARIETTA GA 30068

Robert J Zalupski officer: Vice President & Treasurer 38505 WOODWARD AVENUE, SUITE 200, BLOOMFIELD HILLS MI 48304

Joshua A Sherbin officer: Vice President & Secretary 38505 WOODWARD AVENUE, SUITE 200, BLOOMFIELD HILLS MI 48304

Herbert K Parker director 38505 WOODWARD AVENUE, SUITE 200, BLOOMFIELD HILLS MI 48304

Holly M Boehne director 6955 BLACK DUCK DRIVE, LINO LAKES MN 55014

TriMas (TriMas) Headlines

From GuruFocus

TriMas Declares Quarterly Dividend
By Business Wire Business Wire • 02-16-2023

TriMas Announces New President of Its TriMas Aerospace Group
By Business Wire • 10-24-2023

TriMas Life Sciences Expands Its Cleanroom Capabilities
By Business Wire • 12-18-2023

TriMas Packaging Group to Exhibit at Paris Packaging Week 2024
By Business Wire • 12-28-2023

TriMas Declares Quarterly Dividend
By Business Wire • 07-20-2023

TriMas to Present at the Bank of America Securities 2023 Leveraged Finance Conference
By Business Wire • 11-28-2023

TriMas Corp (TRS) Reports 7.7% Net Sales Growth in Q3 2023
By GuruFocus Research • 10-26-2023

TriMas Announces Second Quarter 2023 Earnings Conference Call Date
By Business Wire • 06-30-2023

TriMas Releases Third Annual Sustainability Report
By Business Wire Business Wire • 06-21-2023

TriMas Packaging to Attend Luxe Pack Monaco 2023 on October 2-4
By Business Wire • 09-20-2023

TriMas Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Total Current Liabilities	Get a 7-Day Free Trial															140.15	148.74	151.62	157.55	159.45

Total Current Liabilities	=	Accounts Payable & Accrued Expense	+	Short-Term Debt & Capital Lease Obligation
	=	145.04	+	7.9
	+	Other Current Liabilities	+	Current Deferred Liabilities
	=	6.51	+	0
	=	159.5

Teresa M. Finley	director	927 STOVALL BOULEVARD NE, ATLANTA GA 30319
Daniel P Tredwell	director	177 BROAD STREET, 10TH FLOOR, STAMFORD CT 06901
Scott A Mell	officer: Chief Financial Officer	4884 CIDER HILL DRIVE, ROCHESTER MI 48306
Jodi F. Robin	officer: General Counsel and Secretary	38505 WOODWARD AVENUE, BLOOMFIELD HILLS MI 48304
Paul Swart	other: Chief Accounting Officer	38505 WOODWARD AVENUE, STE. 200, BLOOMFIELD HILLS MI 48304
Jeffrey A Fielkow	director	38505 WOODWARD AVENUE, SUITE 200, BLOOMFIELD HILLS MI 48304
Samuel Iii Valenti	director, officer: Chairman	39400 WOODWARD AVENUE, SUITE 100, BLOOMFIELD HILLS MI 48304
Thomas A Amato	director, officer: President and CEO	38505 WOODWARD AVENUE, SUITE 200, BLOOMFIELD HILLS MI 48304
Salik Fabio Leandro Matheus	officer: President, TriMas Packaging	3012 FOREST CREEK CT., NAPERVILLE IL 60565
John Philip Schaefer	officer: President, TriMas Aerospace	27411 VALDERAS, MISSION VIEJO CA 92691
Jeffrey M Greene	director	4990 OLDE TOWNE WAY, MARIETTA GA 30068
Robert J Zalupski	officer: Vice President & Treasurer	38505 WOODWARD AVENUE, SUITE 200, BLOOMFIELD HILLS MI 48304
Joshua A Sherbin	officer: Vice President & Secretary	38505 WOODWARD AVENUE, SUITE 200, BLOOMFIELD HILLS MI 48304
Herbert K Parker	director	38505 WOODWARD AVENUE, SUITE 200, BLOOMFIELD HILLS MI 48304
Holly M Boehne	director	6955 BLACK DUCK DRIVE, LINO LAKES MN 55014