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Risecomm Group Holdings (HKSE:01679) Total Current Liabilities : HK$186.4 Mil (As of Dec. 2023)


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What is Risecomm Group Holdings Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. Risecomm Group Holdings's total current liabilities for the quarter that ended in Dec. 2023 was HK$186.4

Risecomm Group Holdings Total Current Liabilities Historical Data

The historical data trend for Risecomm Group Holdings'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.

Risecomm Group Holdings Total Current Liabilities Chart

Risecomm Group Holdings 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 113.29 423.35 288.81 278.33 186.38

Risecomm Group Holdings Semi-Annual Data
Dec14 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 288.81 269.21 278.33 251.61 186.38

Risecomm Group Holdings Total Current Liabilities Calculation

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

Risecomm Group Holdings'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
=64.979+88.642
+Other Current Liabilities+Current Deferred Liabilities
=32.758+0
=186.4

Risecomm Group Holdings'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
=64.979+88.642
+Other Current Liabilities+Current Deferred Liabilities
=32.758+0
=186.4

* 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

Risecomm Group Holdings Total Current Liabilities Related Terms

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Risecomm Group Holdings (HKSE:01679) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Risecomm Group Holdings Ltd (HKSE:01679) » Definitions » Total Current Liabilities
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HKSE:02203 HKSE:00243 HKSE:01912 HKSE:08066 NVDA TPE:2330 AVGO AMD INTC TXN QCOM ADI MU XKRX:000660 NXPI TPE:2454 MRVL XTER:IFX MCHP XPAR:STMPA
Traded in Other Exchanges
N/A
Address
Xili Street, 41st Floor, Block A, Building 8, Shenzhen International Innovation Valley, Nanshan Distric, Shenzhen, CHN, 518055
Website
https://www.risecomm.com.cn
Risecomm Group Holdings Ltd is an investment holding company. It operates in two business segments namely, Automated Meter Reading (AMR) and other includes design, development, and sale of power line communication products and energy-saving and environmental protection products and solutions used in streetlight control, building energy management, photovoltaic power management, and providing maintenance services in connections with the deployment and upgrading of AMR systems in PRC; and Smart manufacturing & industrial automation (SMIA) business segment includes the sales of the software license, safety products as well as the provision of software post-contract customers support services. It generates revenue from AMR business. Geographically, it derives revenue from the PRC.
Executives
Fu Xiaoqin 2101 Beneficial owner
Xindaxin Group Company Limited 2101 Beneficial owner
Silver Castle International Limited 2201 Interest of corporation controlled by you
Yan Andrew Y 2201 Interest of corporation controlled by you
Wu Yueshi 2201 Interest of corporation controlled by you
Sb Asia Investment Fund Ii L.p. 2101 Beneficial owner
Saif Partners Ii Lp 2201 Interest of corporation controlled by you
Saif Ii Gp Lp 2201 Interest of corporation controlled by you
Saif Ii Gp Capital Ltd. 2201 Interest of corporation controlled by you
Cisco Systems, Inc. 2201 Interest of corporation controlled by you
Liu Bei Bei 2101 Beneficial owner
Yu Lu 2101 Beneficial owner
Ding Zhigang 2101 Beneficial owner
Ning Jun 2101 Beneficial owner
Spitzer Fund Vi L.p.

Risecomm Group Holdings (HKSE:01679) Headlines

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