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AB Builders Group (HKSE:01615) Total Current Liabilities : HK$120.8 Mil (As of Dec. 2023)


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What is AB Builders Group Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. AB Builders Group's total current liabilities for the quarter that ended in Dec. 2023 was HK$120.8

AB Builders Group Total Current Liabilities Historical Data

The historical data trend for AB Builders Group'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.

AB Builders Group Total Current Liabilities Chart

AB Builders Group 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 132.04 150.00 169.65 122.06 120.81

AB Builders Group Semi-Annual Data
Dec14 Dec15 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 169.65 154.52 122.06 125.05 120.81

AB Builders Group Total Current Liabilities Calculation

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

AB Builders Group'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
=41.764+24.919
+Other Current Liabilities+Current Deferred Liabilities
=54.124+0
=120.8

AB Builders Group'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
=41.764+24.919
+Other Current Liabilities+Current Deferred Liabilities
=54.124+0
=120.8

* 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

AB Builders Group Total Current Liabilities Related Terms

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AB Builders Group (HKSE:01615) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Construction » AB Builders Group Ltd (HKSE:01615) » Definitions » Total Current Liabilities
Comparable Companies
HKSE:01953 HKSE:08601 HKSE:01447 HKSE:01683 HKSE:01920 HKSE:01486 HKSE:08023 HKSE:02789 HKSE:02863 HKSE:02195 XPAR:DG NSE:LT SHSE:601668 PWR SHSE:601390 J TSX:WSP HKSE:01800 SHSE:601186 XKRX:028260
Traded in Other Exchanges
N/A
Address
No. 126, Rua De Pequim, Edf. Commercial I Tak, 10th Floor, Macao, MAC
Website
http://www.abbuildersgroup.com
AB Builders Group Ltd operates as a construction contractor, focused on providing structural works, including substructure and superstructure works such as foundation works, basement works, piling and pile cap work, and the construction of high rise buildings, and fitting-out works. The company's reportable segments are Fitting-out works; Structural works; and Air purification business. It generates a vast majority of its revenue from the Fitting-out works segment. The company's operations are located in Macau and Hong Kong, of which key revenue is derived from Macau.
Executives
Lao Chio Seng 2201 Interest of corporation controlled by you
Wong Hio Mei 2202 Interest of your spouse
Laos International Holdings Limited 2101 Beneficial owner
Ip Kin Wa 2101 Beneficial owner
Whm Holdings Limited 2101 Beneficial owner

AB Builders Group (HKSE:01615) Headlines

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