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AAG Energy Holdings (HKSE:02686) Total Current Liabilities : HK$1,505 Mil (As of Dec. 2022)


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What is AAG Energy 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. AAG Energy Holdings's total current liabilities for the quarter that ended in Dec. 2022 was HK$1,505

AAG Energy Holdings Total Current Liabilities Historical Data

The historical data trend for AAG Energy 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.

AAG Energy Holdings Total Current Liabilities Chart

AAG Energy Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Total Current Liabilities
Get a 7-Day Free Trial Premium Member Only 347.81 515.16 686.90 1,211.88 1,505.09

AAG Energy Holdings Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22
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 686.90 679.56 1,211.88 1,309.85 1,505.09

AAG Energy 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.

AAG Energy Holdings's Total Current Liabilities for the fiscal year that ended in Dec. 2022 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=1441.394+10.542
+Other Current Liabilities+Current Deferred Liabilities
=53.149+0
=1,505

AAG Energy Holdings's Total Current Liabilities for the quarter that ended in Dec. 2022 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=1441.394+10.542
+Other Current Liabilities+Current Deferred Liabilities
=53.149+0
=1,505

* 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

AAG Energy Holdings Total Current Liabilities Related Terms

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AAG Energy Holdings (HKSE:02686) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » AAG Energy Holdings Ltd (HKSE:02686) » Definitions » Total Current Liabilities
Comparable Companies
HKSE:00650 HKSE:02012 HKSE:08011 HKSE:01101 HKSE:03395 HKSE:00632 HKSE:01555 COP EOG TSX:CNQ PXD HKSE:00883 OXY MIC:NVTK DVN HES CTRA FANG CLR MRO
Traded in Other Exchanges
N/A
Address
183 Queen’s Road Central, Unit 2506, 25th Floor, Cosco Tower, Sheung Wan, Hong Kong, HKG
Website
http://www.aagenergy.com
AAG Energy Holdings Ltd is an international energy company. It is engaged in the exploration, development, and production of coalbed methane (CBM) in the People's Republic of China. Its operating assets, the Panzhuang and Mabi concessions are located in the Southwestern part of the Qinshui Basin, which boasts CBM geological reserves of any basin in China. The Group conducts its business through two Production Sharing Contracts entered into with China United Coalbed Methane Corporation Ltd and China National Petroleum Corporation for Panzhuang and Mabi concessions respectively in Qinshui Basin, Shanxi Province of the PRC.
Executives
Zhong Guo Min Sheng Yin Hang Gu Fen You Xian Gong Si Wu Lu Mu Qi Fen Hang 2106 Person having a security interest in shares
Ming Zaiyuan 2201 Interest of corporation controlled by you
Si Chuan Li Ming Neng Yuan Kai Fa You Xian Ze Ren Gong Si 2201 Interest of corporation controlled by you
Xin Jiang Xin Tai Tian Ran Qi Gu Fen You Xian Gong Si 2201 Interest of corporation controlled by you
Xiang Gang Li Ming Kong Gu You Xian Gong Si 2101 Beneficial owner
Wisdom Treasure Holdings Inc. 2101 Beneficial owner
Weng Ming 2201 Interest of corporation controlled by you
Zou Stephen Xiangdong 2101 Beneficial owner
Xinjiang Xintai Natural Gas Co., Ltd. 2201 Interest of corporation controlled by you

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