GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Huaxi Holdings Co Ltd (HKSE:01689) » Definitions » Total Current Liabilities

Huaxi Holdings Co (HKSE:01689) Total Current Liabilities : HK$166.8 Mil (As of Dec. 2023)


View and export this data going back to 2013. Start your Free Trial

What is Huaxi Holdings 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. Huaxi Holdings Co's total current liabilities for the quarter that ended in Dec. 2023 was HK$166.8


Huaxi Holdings Co Total Current Liabilities Historical Data

The historical data trend for Huaxi Holdings 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.

Huaxi Holdings Co Total Current Liabilities Chart

Huaxi Holdings Co Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Dec20 Dec21 Dec22 Dec23
Total Current Liabilities
Get a 7-Day Free Trial Premium Member Only Premium Member Only 107.54 177.44 270.11 208.53 166.79

Huaxi Holdings Co Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 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 270.11 201.07 208.53 156.26 166.79

Huaxi Holdings 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.

Huaxi Holdings 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
=133.448+24.584
+Other Current Liabilities+Current Deferred Liabilities
=8.753+0
=166.8

Huaxi Holdings 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
=133.448+24.584
+Other Current Liabilities+Current Deferred Liabilities
=8.753+0
=166.8

* 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


Huaxi Holdings Co Total Current Liabilities Related Terms

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


Huaxi Holdings Co (HKSE:01689) Business Description

Traded in Other Exchanges
N/A
Address
No. 4 Wanji North Street, Wanji Industrial District, Guangdong Province, Shantou, CHN
Huaxi Holdings Co Ltd is an investment holding company principally engaged in the manufacture and sale of packaging materials for a cigarette in China. It has two reportable segments: Cigarette Packaging Business and Environmental Treatment Business. The products of the group include tipping papers, inner frame aluminum papers, inner laser paper, cigarette box frame paper, and cigarette trademark labels. Geographically all the activities functioned through China, and generate a vast majority of its revenues from the cigarette packaging business.

Huaxi Holdings Co (HKSE:01689) Headlines

No Headlines