GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Readboy Education Holding Co Ltd (HKSE:02385) » Definitions » Total Current Liabilities

Readboy Education Holding Co (HKSE:02385) Total Current Liabilities : HK$229.9 Mil (As of Dec. 2023)


View and export this data going back to 2022. Start your Free Trial

What is Readboy Education Holding Co Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. Readboy Education Holding Co's total current liabilities for the quarter that ended in Dec. 2023 was HK$229.9

Readboy Education Holding Co Total Current Liabilities Historical Data

The historical data trend for Readboy Education Holding 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.

* Premium members only.

Readboy Education Holding Co Total Current Liabilities Chart

Readboy Education Holding Co Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Total Current Liabilities
276.25 502.79 479.92 257.14 229.94

Readboy Education Holding Co Semi-Annual Data
Dec19 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Total Current Liabilities Get a 7-Day Free Trial 479.92 387.46 257.14 215.03 229.94

Readboy Education Holding Co Total Current Liabilities Calculation

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

Readboy Education Holding 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
=82.66+62.904
+Other Current Liabilities+Current Deferred Liabilities
=84.38+0
=229.9

Readboy Education Holding Co'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
=82.66+62.904
+Other Current Liabilities+Current Deferred Liabilities
=84.38+0
=229.9

* 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

Readboy Education Holding Co Total Current Liabilities Related Terms

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

Readboy Education Holding Co (HKSE:02385) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Readboy Education Holding Co Ltd (HKSE:02385) » Definitions » Total Current Liabilities
Comparable Companies
HKSE:01563 HKSE:06169 HKSE:00382 HKSE:01593 HKSE:00032 HKSE:09616 HKSE:01525 HKSE:02001 HKSE:01935 HKSE:01765 AIU EDU TAL HKSE:01797 ASX:IEL LOPE SZSE:002607 GHC COUR LRN
Traded in Other Exchanges
N/A
Address
No. 38, Changyi Road, Wuguishan, Guangdong Province, Zhongshan, CHN
Website
https://www.readboy.com
Readboy Education Holding Co Ltd is an investment holding company engaged in the production and sale of personal student tablets, smart classroom solutions, wearable products, other products, and advertisement and content licensing in the People's Republic of China. The company has five operating segments; Production and sale of personal student tablets, Production and sale of smart classroom solutions, Production and sale of wearable products, Production and sale of other products, and Advertisement and content licensing. It derives a majority of its revenue from the production and sale of personal student tablets in the People's Republic of China.
Executives
Liu Zhilan 2101 Beneficial owner
Alpine Sky Limited 2101 Beneficial owner
Equiom Fiduciary Services (hong Kong) Limited 2301 Trustee
Kimlan Limited 2103 Interests held jointly with another person
Maples Trustee Services (cayman) Limited 2103 Interests held jointly with another person
Qin Shuguang 2201 Interest of corporation controlled by you
Sky Focus Holdings Limited 2103 Interests held jointly with another person
Trade Honour Holdings Limited 2101 Beneficial owner
Chen Zhiyong 2103 Interests held jointly with another person

Readboy Education Holding Co (HKSE:02385) Headlines

No Headlines