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CTS (CTS) Total Current Liabilities : $95.9 Mil (As of Mar. 2024)


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What is CTS Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. CTS's total current liabilities for the quarter that ended in Mar. 2024 was $95.9

CTS Total Current Liabilities Historical Data

The historical data trend for CTS'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.

CTS Total Current Liabilities Chart

CTS Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Current Liabilities
Get a 7-Day Free Trial Premium Member Only Premium Member Only 96.95 104.93 114.07 112.53 97.04

CTS 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 105.78 107.18 103.43 97.04 95.95

CTS Total Current Liabilities Calculation

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

CTS'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
=79.854+4.394
+Other Current Liabilities+Current Deferred Liabilities
=12.791+0
=97.0

CTS'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
=79.318+4.399
+Other Current Liabilities+Current Deferred Liabilities
=12.231+0
=95.9

* 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

CTS Total Current Liabilities Related Terms

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CTS (CTS) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Hardware » CTS Corp (NYSE:CTS) » Definitions » Total Current Liabilities
Comparable Companies
VICR TTMI BHE BELFB ROG OSIS ALNT MEI LYTS DAKT APH TPE:2317 TEL TSE:6981 SZSE:002475 GLW TPE:2308 SZSE:000725 XKRX:006400 TSE:6762
Traded in Other Exchanges
XT1:Germany
Address
4925 Indiana Avenue, Lisle, IL, USA, 60532
Website
https://www.ctscorp.com
CTS Corp operates in the electronics industry. The company is a global manufacturer of Sensors, Electronic components, and Actuators. It designs, manufactures, and sells a broad line of sensors, electronic components, and actuators mainly to original equipment manufacturers (OEM) for the aerospace and defense, industrial, information technology, medical, telecommunications, and transportation markets. Geographically, it derives a majority of its revenue from the United States and also has a presence in China; Singapore; the Czech Republic; Taiwan and other countries.
Executives
Randy Lee Stone director 974 CENTRE ROAD, CRP 730, WILMINGTON DE 19805
Kieran M O'sullivan director, officer: President & CEO 2375 CABOT DRIVE, LISLE IL 60532
Martin Baumeister officer: Senior Vice President 4925 INDIANA AVENUE, LISLE IL 60532
Michael Edward Murray officer: Senior Vice President 4925 INDIANA AVENUE, LISLE IL 60532
Ye Jane Li director 200 FLYNN ROAD, CAMARILLO CA 93012-8790
Ashish Agrawal officer: CFO 2375 CABOT DRIVE, LISLE IL 60525
Thomas Michael White officer: Controller and PAO 4925 INDIANA AVENUE, LISLE IL 60532
Scott D'angelo officer: VP & Secretary 4925 INDIANA AVENUE, LISLE IL 60532
Donna Costello director 17 STEWART COURT, WESTWOOD NJ 07675
Alfonso G Zulueta director 4925 INDIANA AVE, LISLE IL 60532
Gordon Hunter director 25950 ELENA RD, LOS ALTOS HILLS CA 94022
Diana M Murphy director C/O LANDSTAR SYSTEM INC, 13410 SUTTON PARK DR S, JACKSONVILLE FL 32224
William S Johnson director C/O CABOT MICROELECTRONICS, 870 N. COMMONS DR, AURORA IL 60504
Luis Francisco Machado officer: VP, General Counsel & Sec. 1142 W. BEARDSLEY AVENUE, ELKHART IN 46514
Rajeeb K Nath officer: Vice President 1142 WEST BEARDSLEY AVENUE, ELKHART IN 46514

CTS (CTS) Headlines

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