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Tigo Energy (Tigo Energy) Total Current Liabilities : $14.2 Mil (As of Mar. 2024)


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What is Tigo Energy Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. Tigo Energy's total current liabilities for the quarter that ended in Mar. 2024 was $14.2

Tigo Energy Total Current Liabilities Historical Data

The historical data trend for Tigo Energy'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.

Tigo Energy Total Current Liabilities Chart

Tigo Energy Annual Data
Trend Dec21 Dec22 Dec23
Total Current Liabilities
22.05 39.59 26.42

Tigo Energy Quarterly Data
Dec21 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Total Current Liabilities Get a 7-Day Free Trial Premium Member Only 49.03 66.52 30.15 26.42 14.16

Tigo Energy Total Current Liabilities Calculation

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

Tigo Energy'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
=21.147+1.192
+Other Current Liabilities+Current Deferred Liabilities
=3.745+0.335
=26.4

Tigo Energy'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
=10.116+1.124
+Other Current Liabilities+Current Deferred Liabilities
=2.475+0.444
=14.2

* 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

Tigo Energy Total Current Liabilities Related Terms

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Tigo Energy (Tigo Energy) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Tigo Energy Inc (NAS:TYGO) » Definitions » Total Current Liabilities
Comparable Companies
SOL FTCI BEEM SPRU HYSR CSLR SPI SUNW PEGY NEWH FSLR SHSE:688223 ENPH SZSE:002459 SHSE:688599 SHSE:688472 HKSE:00968 SHSE:600732 SEDG HKSE:03800
Traded in Other Exchanges
N/A
Address
655 Campbell Technology Parkway, Suite 150, Campbell, CA, USA, 95008
Website
https://www.tigoenergy.com
Tigo Energy Inc designs innovative solar power conversion and storage products that provide customers more choice and flexibility. Its mission is to deliver smart hardware and software solutions that enhance safety, increase energy yield, and lower operating costs of residential, commercial, and utility-scale solar systems.
Executives
Zvi Alon director, officer: Chief Executive Officer 10725 NORTH DE ANZA BLVD, CUPERTINO CA 95014
Joan C Conley director 3691 CHEVY CHASE LAKE DRIVE, CHEVY CHASE MD 20815
Energy Growth Momentum Gp Ii Ltd. 10 percent owner, other: See Remarks 1ST & 2ND FLOORS, ELIZABETH HOUSE, LES RUETTES BRAYES, ST PETER PORT Y7 GY1 1EW
Generation Im Climate Solutions Gp, Ltd. 10 percent owner BOX 309, UGLAND HOUSE, GRAND CAYMAN E9 KY1-1104
Generation Im Climate Solutions Fund, L.p. 10 percent owner BOX 309, UGLAND HOUSE, GRAND CAYMAN E9 KY1-1104
Jeffrey Stuart Sullivan officer: Chief Operating Officer 655 CAMPBELL TECHNOLOGY PARKWAY, CAMPBELL CA 95008
John Andrew Wilson director 655 CAMPBELL TECHNOLOGY PARKWAY, CAMPBELL CA 95008
Alon Ventures, Llc 10 percent owner 27673 LUPINE RD, LOS ALTOS HILLS CA 94022
Energy Growth Momentum Ii Lp 10 percent owner, other: See Remarks 1ST AND 2ND FLOORS, ELIZABETH HOUSE, LES RUETTES BRAYES, ST PETER PORT Y7 GY11EW
James Jd Dillon officer: Chief Marketing Officer 655 CAMPBELL TECHNOLOGY PARKWAY, CAMPBELL CA 95008
Jing Tian officer: Chief Growth Officer 655 CAMPBELL TECHNOLOGY PARKWAY, CAMPBELL CA 95008
Tomer Babai director 655 CAMPBELL TECHNOLOGY PARKWAY, SUITE 150, CAMPBELL CA 95008
Matthew Day officer: Co-Chief Operating Officer 888 SAN CLEMENTE DRIVE SUITE 400, NEWPORT BEACH CA 92660
Andrew Costa officer: Co-Chief Operating Officer 888 SAN CLEMENTE DRIVE SUITE 400, NEWPORT BEACH CA 92660
Chlm Sponsor Llc 10 percent owner 222 SOUTH 9TH STREET SUITE 350, MINNEAPOLIS MN 55402

Tigo Energy (Tigo Energy) Headlines

From GuruFocus

Glancy Prongay & Murray LLP, a Leading Securities Fraud Law Firm, Announces Investigation of Tigo Energy, Inc. (TYGO) on Behalf of Investors

By Business Wire • 09-26-2023

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Tigo Energy, Inc. - TYGO

By Marketwired • 10-19-2023

Glancy Prongay & Murray LLP, a Leading Securities Fraud Law Firm, Continues Investigation of Tigo Energy, Inc. (TYGO) on Behalf of Investors

By PRNewswire • 11-28-2023

Tigo Energy Appoints Sagit Manor to Board of Directors

By Business Wire • 12-19-2023

INVESTOR ALERT: Law Offices of Howard G. Smith Continues Investigation of Tigo Energy, Inc. (TYGO) on Behalf of Investors

By Business Wire • 09-28-2023

Tigo Energy Announces Preliminary Financial Results and Reporting Date of February 13, 2024 for Fiscal Fourth Quarter and Full Year 2023

By Business Wire • 01-17-2024

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Tigo Energy, Inc. - TYGO

By PRNewswire • 11-03-2023

INVESTOR ALERT: Law Offices of Howard G. Smith Continues Investigation of Tigo Energy, Inc. (TYGO) on Behalf of Investors

By PRNewswire • 11-28-2023

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims�On Behalf of Investors of Tigo Energy, Inc. - TYGO

By Marketwired • 10-11-2023

INVESTOR ALERT: Law Offices of Howard G. Smith Continues Investigation of Tigo Energy, Inc. (TYGO) on Behalf of Investors

By PRNewswire • 10-09-2023