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XXF Group Holdings (HKSE:02473) Total Current Liabilities : HK$1,293 Mil (As of Dec. 2023)


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What is XXF 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. XXF Group Holdings's total current liabilities for the quarter that ended in Dec. 2023 was HK$1,293

XXF Group Holdings Total Current Liabilities Historical Data

The historical data trend for XXF 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.

XXF Group Holdings Total Current Liabilities Chart

XXF Group Holdings Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Total Current Liabilities
1,009.45 1,340.45 1,339.54 1,292.62

XXF Group Holdings Semi-Annual Data
Dec20 Dec21 Jun22 Dec22 Jun23 Dec23
Total Current Liabilities Get a 7-Day Free Trial 1,340.45 - 1,339.54 1,216.19 1,292.62

XXF 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.

XXF 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
=236.023+1013.61
+Other Current Liabilities+Current Deferred Liabilities
=42.985+0
=1,293

XXF 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
=236.023+1013.61
+Other Current Liabilities+Current Deferred Liabilities
=42.985+0
=1,293

* 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

XXF Group Holdings Total Current Liabilities Related Terms

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XXF Group Holdings (HKSE:02473) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » XXF Group Holdings Ltd (HKSE:02473) » Definitions » Total Current Liabilities
Comparable Companies
Traded in Other Exchanges
N/A
Address
No. 318 Fuguang Road, Building 3, Fuxing Economic Development Zone, Jin’an District, Fujian, Fuzhou, CHN
Website
http://www.xxfqc.com
XXF Group Holdings Ltd is an established automobile retailer providing automobile finance lease service primarily through its self-operated sales outlets in the PRC. The Group's principal businesses comprise (i) automobile retail and finance, where it sells non-luxury automobiles mostly on direct finance lease; and (ii) automobile-related businesses, where it principally offers automobile operating lease service and other automobile-related services. It is one of the offline third-party RAFLCs among all the RAFLCs in the market.
Executives
Precious Luck Developments Management Limited 2101 Beneficial owner
Fu Zhou Zhi Tong Tou Zi He Huo Qi Ye You Xian He Huo 2201 Interest of corporation controlled by you
Fu Zhou Wei Chuang Hong Jing Qi Ye Guan Li You Xian Gong Si 2201 Interest of corporation controlled by you
Shang Hai Bo Yu Qi Ye Guan Li He Huo Qi Ye You Xian He Huo 2201 Interest of corporation controlled by you
Shang Hai Xuan Te Qi Ye Guan Li You Xian Gong Si 2201 Interest of corporation controlled by you
Zhu Hai Wan He Jin Hua Zi Chan Guan Li You Xian Gong Si 2201 Interest of corporation controlled by you
Zhu Hai Wan He Xing Sheng Tou Zi Guan Li Zhong Xin You Xian He Huo 2201 Interest of corporation controlled by you
Guo Tou Zi Ben Kong Gu You Xian Gong Si 2201 Interest of corporation controlled by you
Bei Jing Dong Zhang An Ji Tuan You Xian Gong Si 2201 Interest of corporation controlled by you
Bei Jing Dong An Wei Ye Tou Zi Guan Li You Xian Gong Si 2201 Interest of corporation controlled by you
Fo Shan Shi Hui Shang Yin Tou Zi You Xian Gong Si 2201 Interest of corporation controlled by you
Shang Hai Ji Li Qi Ye Guan Li He Huo Qi Ye You Xian He Huo 2201 Interest of corporation controlled by you
Teng Xin Tou Zi You Xian Gong Si 2201 Interest of corporation controlled by you
Shang Hai Bo Li Qi Ye Guan Li You Xian Gong Si 2201 Interest of corporation controlled by you
Huang Wei 2501 Other

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