China VTV (China VTV) Total Current Liabilities : $48.21 Mil (As of Aug. 2020)

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What is China VTV Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. China VTV's total current liabilities for the quarter that ended in Aug. 2020 was $48.21

China VTV Total Current Liabilities Historical Data

The historical data trend for China VTV'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.

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China VTV Total Current Liabilities Chart

China VTV Annual Data

Trend Feb15 Feb16 Feb17 Feb18 Feb19 Feb20

Total Current Liabilities

Get a 7-Day Free Trial 0.02 0.05 0.45 0.48 51.17

China VTV Quarterly Data

Nov15 Feb16 May16 Aug16 Nov16 Feb17 May17 Aug17 Nov17 Feb18 May18 Aug18 Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20

Total Current Liabilities Get a 7-Day Free Trial 0.93 1.05 51.17 49.12 48.21

China VTV Total Current Liabilities Calculation

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

China VTV's Total Current Liabilities for the fiscal year that ended in Feb. 2020 is calculated as

Total Current Liabilities = Accounts Payable & Accrued Expense + Short-Term Debt & Capital Lease Obligation

= 9.385 + 2.303

+ Other Current Liabilities + Current Deferred Liabilities

= 36.931 + 2.547

= 51.17

China VTV's Total Current Liabilities for the quarter that ended in Aug. 2020 is calculated as

Total Current Liabilities = Accounts Payable & Accrued Expense + Short-Term Debt & Capital Lease Obligation

= 3.56 + 1.151

+ Other Current Liabilities + Current Deferred Liabilities

= 36.932 + 6.571

= 48.21

* 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

China VTV Total Current Liabilities Related Terms
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China VTV (China VTV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » China VTV Ltd (OTCPK:CVTV) » Definitions » Total Current Liabilities

Comparable Companies

FSE:9407 MIL:GGTV TSX:TVA.B REBL XPAR:ECP LSE:STVG TSE:4838 ASX:PRT CSSE KAR:HUMNL RLJE WAR:KPL ROCO:8329 XPAR:OLG BKK:DCORP TSE:9414 IST:TSPOR XKRX:011420 XPAR:VDLO BKK:WAVE

Traded in Other Exchanges

N/A

Address

315-321 Lockhart Road, 23 Floor, Flat C, Wan Chai, Hong Kong, HKG

Website

http://www.tbamm.com

China VTV Ltd is an early stage internet-based online entertainment media company that focuses on audience interaction, entertainment, and business opportunities. It has established a Blockchain cloud-based platform that distributes news, videos, television shows, travel programs, and other entertainment programs via the internet to the end devices, such as computers, smart TVs, smartphones, and tablets. The company generates revenue from the sales of copyrights, original stories, and finished products, licensing literal copyrights, and advertising services.

Executives

Jack Chen director, 10 percent owner, officer: See Remarks ROOM 701, BUILDING 13, LANE 51 SHANGZHONG ROAD, XUHUI DISTRICT SHANGHAI F4 00000

China VTV (China VTV) Headlines

No Headlines

China VTV Quarterly Data
	Nov15	Feb16	May16	Aug16	Nov16	Feb17	May17	Aug17	Nov17	Feb18	May18	Aug18	Nov18	Feb19	May19	Aug19	Nov19	Feb20	May20	Aug20
Total Current Liabilities	Get a 7-Day Free Trial															0.93	1.05	51.17	49.12	48.21

Total Current Liabilities	=	Accounts Payable & Accrued Expense	+	Short-Term Debt & Capital Lease Obligation
	=	9.385	+	2.303
	+	Other Current Liabilities	+	Current Deferred Liabilities
	=	36.931	+	2.547
	=	51.17