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Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. TMC The Metals Co's total current liabilities for the quarter that ended in Mar. 2024 was $36.47
The historical data trend for TMC The Metals Co'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.
TMC The Metals Co Annual Data | |||||||||
Trend | Dec20 | Dec21 | Dec22 | Dec23 | |||||
Total Current Liabilities | 7.76 | 26.57 | 41.61 | 31.33 |
TMC The Metals Co Quarterly Data | |||||||||||||||
Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | Mar24 | |
Total Current Liabilities | Get a 7-Day Free Trial | 17.54 | 18.11 | 19.34 | 31.33 | 36.47 |
Total Current Liabilities is the total amount of liabilities that the company needs to pay over the next 12 months.
TMC The Metals Co'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 |
= | 31.334 | + | 0 | |
+ | Other Current Liabilities | + | Current Deferred Liabilities | |
= | 0 | + | 0 | |
= | 31.33 |
TMC The Metals Co'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 |
= | 36.47 | + | 0 | |
+ | Other Current Liabilities | + | Current Deferred Liabilities | |
= | 0 | + | 0 | |
= | 36.47 |
* 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
Thank you for viewing the detailed overview of TMC The Metals Co's Total Current Liabilities provided by GuruFocus.com. Please click on the following links to see related term pages.
Craig Shesky | officer: Chief Financial Officer | 570 BROOME STREET, APT. 13A, NEW YORK NY 10013 |
Anthony O'sullivan | officer: Chief Development Officer | 19 TENNYSON STREET, BULIMBA, QUEENSLAND C3 4171 |
Gregory Stone | officer: Chief Ocean Scientist | 17350 SUNSET BLVD., 502, PACIFIC PALISADES CA 90272 |
Allseas Group S.a. | 10 percent owner | 18 ROUTE DE PRA DE PLAN, CASE POSTALE 411, CHATEL-SAINT-DENIS V8 1618 |
Andrei Karkar | director, 10 percent owner | 323 MARINA BOULEVARD, SAN FRANCISCO CA 94123 |
Gerard Barron | director, officer: Chief Executive Officer | APT. 6403, JADDAF WATERFRONT TOWER D1, DUBAI C0 00000 |
Argentum Cedit Virtuti Gcv | 10 percent owner | WIEGSTRAAT 21, ANTWERPEN C9 2000 |
Stichting Administratiekantoor Aequa Lance Foundation | 10 percent owner | C/O ALLSEAS GROUP S.A., 18 ROUTE DE PRA DE PLAN, CHATEL-SAINT-DENIS V8 1618 |
Edward Heerema | 10 percent owner | C/O ALLSEAS GROUP S.A., 18 ROUTE DE PRA DE PLAN, CHATEL-SAINT-DENIS V8 1618 |
Allseas Investments S.a. | 10 percent owner | 18 ROUTE DE PRA DE PLAN, CHATEL-SAINT-DENIS V8 1618 |
Andrew Carlyle Greig | director | 1 MACQUARIE ST, TENERIFFE, QLD C3 4005 |
Sheila Khama | director | PO BOX 2007, GABORONE B1 00000 |
Amelia Kinahoi Siamomua | director | 3575 BEACHHILL DRIVE, ATLANTA GA 30340 |
Christian Madsbjerg | director | 36 WEST 13TH STREET, NEW YORK NY 10011 |
Andrew Hall | director | 16 BARONSFIELD ROAD, TWICKENHAM X0 TW1 2QU |
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