GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Irico Group New Energy Co Ltd (HKSE:00438) » Definitions » Total Current Liabilities

Irico Group New Energy Co (HKSE:00438) Total Current Liabilities : HK$5,015 Mil (As of Dec. 2023)


View and export this data going back to 2004. Start your Free Trial

What is Irico Group New Energy 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. Irico Group New Energy Co's total current liabilities for the quarter that ended in Dec. 2023 was HK$5,015

Irico Group New Energy Co Total Current Liabilities Historical Data

The historical data trend for Irico Group New Energy 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.

Irico Group New Energy Co Total Current Liabilities Chart

Irico Group New Energy Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Current Liabilities
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5,077.14 3,703.40 3,257.25 3,777.10 5,014.52

Irico Group New Energy Co Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Total Current Liabilities Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3,257.25 3,961.03 3,777.10 4,089.12 5,014.52

Irico Group New Energy 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.

Irico Group New Energy 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
=1214.15+3260.184
+Other Current Liabilities+Current Deferred Liabilities
=540.19+0
=5,015

Irico Group New Energy 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
=1214.15+3260.184
+Other Current Liabilities+Current Deferred Liabilities
=540.19+0
=5,015

* 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

Irico Group New Energy Co Total Current Liabilities Related Terms

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

Irico Group New Energy Co (HKSE:00438) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Irico Group New Energy Co Ltd (HKSE:00438) » Definitions » Total Current Liabilities
Comparable Companies
HKSE:00757 HKSE:00750 HKSE:00712 HKSE:08111 HKSE:01421 FSLR ENPH SHSE:688223 SZSE:002459 SHSE:688472 SHSE:688599 HKSE:00968 NXT HKSE:03800 SEDG SHSE:600732 RUN SZSE:300118 SZSE:002506 SHSE:688408
Traded in Other Exchanges
N/A
Address
No. 1 Caihong Road, Qingdu District, Shaanxi Province, Xianyang, CHN, 712021
Website
http://www.irico.com.cn/en
Irico Group New Energy Co Ltd is mainly engaged in the solar photovoltaic business. It operates through the following segments: Solar photovoltaic & module business segment, and Others. The majority of its revenue is derived from Solar Photovoltaic, which includes Solar photovoltaic glass, Solar photovoltaic modules, Solar photovoltaic power stations, and Quartz sand business. Its geographical segments are China (excluding Hong Kong), Hong Kong, and Other countries, of which the majority of its revenue comes from China.
Executives
Xian Yang Zhong Dian Cai Hong Ji Tuan Kong Gu You Xian Gong Si 2101 Beneficial owner
Zhong Dian Jin Tou Kong Gu You Xian Gong Si 2101 Beneficial owner
Zhong Guo Dian Zi Xin Xi Chan Ye Ji Tuan You Xian Gong Si 2201 Interest of corporation controlled by you
Cai Hong Ji Tuan You Xian Gong Si 2201 Interest of corporation controlled by you
Hua An Ji Jin Guan Li You Xian Gong Si 2501 Other
Hua An Ji Jin Xin Cheng Dan Yi Zi Chan Guan Li Ji Hua 2501 Other
He Fei Xin Cheng Guo You Zi Chan Jing Ying You Xian Gong Si 2501 Other
Pactera Technologies Na, Inc 2201 Interest of corporation controlled by you

Irico Group New Energy Co (HKSE:00438) Headlines

No Headlines