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Hongcheng Environmental Technology Co (HKSE:02265) Total Current Liabilities : HK$194.4 Mil (As of Dec. 2023)


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What is Hongcheng Environmental Technology 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. Hongcheng Environmental Technology Co's total current liabilities for the quarter that ended in Dec. 2023 was HK$194.4

Hongcheng Environmental Technology Co Total Current Liabilities Historical Data

The historical data trend for Hongcheng Environmental Technology 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.

Hongcheng Environmental Technology Co Total Current Liabilities Chart

Hongcheng Environmental Technology Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Current Liabilities
Get a 7-Day Free Trial 297.84 152.05 103.96 239.88 194.36

Hongcheng Environmental Technology Co Semi-Annual Data
Dec18 Dec19 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Total Current Liabilities Get a 7-Day Free Trial Premium Member Only 103.96 147.83 239.88 205.40 194.36

Hongcheng Environmental Technology 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.

Hongcheng Environmental Technology 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
=99.16+73.668
+Other Current Liabilities+Current Deferred Liabilities
=21.533+0
=194.4

Hongcheng Environmental Technology 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
=99.16+73.668
+Other Current Liabilities+Current Deferred Liabilities
=21.533+0
=194.4

* 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

Hongcheng Environmental Technology Co Total Current Liabilities Related Terms

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Hongcheng Environmental Technology Co (HKSE:02265) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » Hongcheng Environmental Technology Co Ltd (HKSE:02265) » Definitions » Total Current Liabilities
Comparable Companies
HKSE:06805 HKSE:01483 HKSE:01790 HKSE:00154 HKSE:01845 HKSE:01397 HKSE:00436 HKSE:00979 HKSE:03989 HKSE:00923 WM RSG WCN XPAR:VIE GFL CLH XMAD:FCC CWST SHSE:603568 SZSE:002340
Traded in Other Exchanges
N/A
Address
Yeyan Road North, Dadongzhuang Village North, Shahe Town, Shandong Province, Yantai, Laizhou, CHN
Website
http://www.sdhcgroup.cn
Hongcheng Environmental Technology Co Ltd is an investment holding company. The company and its subsidiaries are engaged in the provision of gold mine hazardous waste treatment services and recycling and extracting therefrom resources with economic value for sale, such as pyrite concentrate.
Executives
Zeming International Investment Co., Ltd. 2101 Beneficial owner
Liu Ze Ming 2201 Interest of corporation controlled by you
Li Li Yan 2202 Interest of your spouse

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