GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » CHTC Fong's International Co Ltd (HKSE:00641) » Definitions » Total Current Liabilities

CHTC Fong's International Co (HKSE:00641) Total Current Liabilities : HK$2,162 Mil (As of Dec. 2023)


View and export this data going back to 1990. Start your Free Trial

What is CHTC Fong's International 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. CHTC Fong's International Co's total current liabilities for the quarter that ended in Dec. 2023 was HK$2,162


CHTC Fong's International Co Total Current Liabilities Historical Data

The historical data trend for CHTC Fong's International 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.

CHTC Fong's International Co Total Current Liabilities Chart

CHTC Fong's International 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 2,792.37 2,653.83 2,542.78 2,474.91 2,162.36

CHTC Fong's International 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 2,542.78 2,815.55 2,474.91 2,255.75 2,162.36

CHTC Fong's International 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.

CHTC Fong's International 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
=712.225+1256.224
+Other Current Liabilities+Current Deferred Liabilities
=193.914+0
=2,162

CHTC Fong's International 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
=712.225+1256.224
+Other Current Liabilities+Current Deferred Liabilities
=193.914+0
=2,162

* 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


CHTC Fong's International Co Total Current Liabilities Related Terms

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


CHTC Fong's International Co (HKSE:00641) Business Description

Traded in Other Exchanges
N/A
Address
51 Kwai Cheong Road, Level 13, Tower 2, Kowloon Commerce Centre, Kwai Chung, Hong Kong, HKG
CHTC Fong's International Co Ltd is engaged in manufacturing machines, equipment, and other related parts. The group through its subsidiaries operates in three reportable segments which include manufacturing and sale of dyeing and finishing machines, trading of stainless steel supplies and Manufacture and sale of stainless steel casting products. Its business activity functions through various geographical regions which include China, Hong Kong, the Asia-Pacific, Europe, North America, South America, and others. While the majority of the company revenues for Fong's Industries are derived through the dyeing and finishing machines segment.
Executives
China Hi-tech Holding Company Limited 2201 Interest of corporation controlled by you
Zhong Guo Ji Xie Gong Ye Ji Tuan You Xian Gong Si 2201 Interest of corporation controlled by you
Zhong Guo Heng Tian Ji Tuan You Xian Gong Si 2201 Interest of corporation controlled by you
East Asia International Trustees Limited 2201 Interest of corporation controlled by you
Black Jambhala Company Limited 2101 Beneficial owner
Fong Sou Lam 2307 Founder of a discretionary trust who can infl
Fong Kwok Leung Kevin 2305 Beneficiary of a trust

CHTC Fong's International Co (HKSE:00641) Headlines

No Headlines