TPT Global Tech (TPT Global Tech) Total Current Liabilities : $44.72 Mil (As of Mar. 2024)

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What is TPT Global Tech Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. TPT Global Tech's total current liabilities for the quarter that ended in Mar. 2024 was $44.72

TPT Global Tech Total Current Liabilities Historical Data

The historical data trend for TPT Global Tech'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.

TPT Global Tech Total Current Liabilities Chart

TPT Global Tech Annual Data

Trend Dec05 Dec06 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23

Total Current Liabilities

Get a 7-Day Free Trial 30.85 32.84 33.51 31.92 41.55

TPT Global Tech 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 33.29 34.78 34.46 41.55 44.72

TPT Global Tech Total Current Liabilities Calculation

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

TPT Global Tech'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

= 12.303 + 19.025

+ Other Current Liabilities + Current Deferred Liabilities

= 9.828 + 0.397

= 41.55

TPT Global Tech'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

= 14.161 + 18.521

+ Other Current Liabilities + Current Deferred Liabilities

= 11.647 + 0.394

= 44.72

* 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

TPT Global Tech Total Current Liabilities Related Terms
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TPT Global Tech (TPT Global Tech) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » TPT Global Tech Inc (OTCPK:TPTW) » Definitions » Total Current Liabilities

Comparable Companies

TCCO BDRL IPTK MLRT ELST WLAN SYTA ASNS CSCO MSI SHSE:601138 HPE OSTO:ERIC B OHEL:NOKIA SZSE:000063 SHSE:688036 ZBRA TPE:2345 JNPR UI

Traded in Other Exchanges

N/A

Address

501 West Broadway, Suite 800, San Diego, CA, USA, 92101

Website

https://www.tptglobaltech.com

TPT Global Tech Inc is engaged in the business of distribution of cell phones and telecommunications equipment. The company's operating segment includes TPT SpeedConnect; Blue Collar, and TPT MedTech and QuikLABS. It generates maximum revenue from the TPT SpeedConnect segment. The company offers offer Software as a Service (SaaS), Technology Platform as a Service (PAAS), Cloud-based Unified Communication as a Service (UCaaS) and carrier-grade performance and support for businesses over private IP MPLS fiber and wireless network in the United States. It also operates as a Master distributor for Nationwide Mobile Virtual Network Operators (MVNO) and Independent Sales Organization (ISO).

TPT Global Tech (TPT Global Tech) Headlines

From GuruFocus

TPT Global Tech Receives $38 Million Qualification by SEC
By ACCESSWIRE ACCESSWIRE • 03-21-2022

TPT Global Tech's "Digithrive" Subsidiary Established Within Its Saas Division To Focus On Fintech Activity Such As Crypto, Mobile Digital And Internet Banking Technologies
By ACCESSWIRE ACCESSWIRE • 12-13-2021

Renowned Boxing Figure Roy Foreman to be President at TPT Global Tech's VuMe(TM) Super App Live Television Division
By ACCESSWIRE • 12-29-2023

TPT Global Tech and Subsidiary TPT Strategic Announce Charlotte North Carolina Land Purchase and Intent to enter into JV Real Estate Development Partnership Agreement with Julisabar Holdings LLC
By ACCESSWIRE • 07-17-2023

TPT Global Tech's Real Estate Technology Division TPT Strategic and IST LLC Completes A $2.89M Road Construction Project In the State of Kentucky
By ACCESSWIRE ACCESSWIRE • 10-24-2022

TPT Global Tech's Subsidiary, TPT Strategic, Awarded A National Park Service, US Department of Interior Contract Valued at $362K USD
By ACCESSWIRE ACCESSWIRE • 12-21-2022

TPT Global Tech [OTCQB:TPTW] Files 8k Disclosing Authorization of Additional Shares In Anticipation of Future Funding Round for Goal of Uplisting to Major Exchange and to Meet Warrant Commitments
By ACCESSWIRE ACCESSWIRE • 02-15-2022

TPT Global Tech's [OTCQB:TPTW] Subsidiary TPT MedTech Set To Open First "QuikLab" Portable Lab and Start Covid 19 and Point of Care Testing on the Caribbean Island of Grenada
By ACCESSWIRE ACCESSWIRE • 12-20-2021

TPT Global Tech [OTCQB:TPTW] Exchanges $10.4M Of Liabilities For Mezzanine Equity In Preparation For Its Intended Up List To A Major US Stock Exchange
By ACCESSWIRE ACCESSWIRE • 04-14-2022

TPT Global Tech (OTCQB:TPTW) Subsidiary TPT Global Caribbean LLC and the Government of Grenada, Acting Thru The Ministry of Tourism Signs Agreement putting the company forward as available to Provide COVID 19 Testing and Vaccinations
By ACCESSWIRE ACCESSWIRE • 03-18-2022

TPT Global Tech 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															33.29	34.78	34.46	41.55	44.72

Total Current Liabilities	=	Accounts Payable & Accrued Expense	+	Short-Term Debt & Capital Lease Obligation
	=	12.303	+	19.025
	+	Other Current Liabilities	+	Current Deferred Liabilities
	=	9.828	+	0.397
	=	41.55