GURUFOCUS.COM » STOCK LIST » Technology » Software » OneConnect Financial Technology Co Ltd (HKSE:06638) » Definitions » Total Current Liabilities

OneConnect Financial Technology Co (HKSE:06638) Total Current Liabilities : HK$5,690 Mil (As of Mar. 2024)


View and export this data going back to 2022. Start your Free Trial

What is OneConnect Financial 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. OneConnect Financial Technology Co's total current liabilities for the quarter that ended in Mar. 2024 was HK$5,690

OneConnect Financial Technology Co Total Current Liabilities Historical Data

The historical data trend for OneConnect Financial 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.

OneConnect Financial Technology Co Total Current Liabilities Chart

OneConnect Financial Technology Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Current Liabilities
Get a 7-Day Free Trial 5,496.90 6,124.77 6,321.21 6,081.99 5,548.83

OneConnect Financial Technology Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 5,848.81 5,674.31 5,632.02 5,548.83 5,689.56

OneConnect Financial 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.

OneConnect Financial 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
=2309.3+359.904
+Other Current Liabilities+Current Deferred Liabilities
=254.797+2624.825
=5,549

OneConnect Financial Technology Co's Total Current Liabilities for the quarter that ended in Mar. 2024 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=2672.024+176.055
+Other Current Liabilities+Current Deferred Liabilities
=2671.286+170.195
=5,690

* 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

OneConnect Financial Technology Co Total Current Liabilities Related Terms

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

OneConnect Financial Technology Co (HKSE:06638) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » OneConnect Financial Technology Co Ltd (HKSE:06638) » Definitions » Total Current Liabilities
Comparable Companies
UPLD LCHD MAPS STIX VCSA BCOV DHX MKTW KLDI DSP CRM XTER:SAP INTU NOW UBER CDNS SHOP WDAY XPAR:DSY ROP
Traded in Other Exchanges
OCFT:USA
Address
No.1 Tairan 7th Road, 10-14th Floor, Block A, Platinum Towers, Futian District, Shenzhen, CHN
Website
https://www.ocft.com
OneConnect Financial Technology Co Ltd is a provider of technology platforms. Its platform provides cloud-native technology solutions that integrate financial services with market technology. The company offers technology applications and technology-enabled business services to financial institutions in China. Its technology solutions cover multiple verticals in the financial services industry, including banking, insurance and asset management, across the full scope of their businesses from sales and marketing and risk management to customer services and operations, as well as technology infrastructures such as data management and cloud services. The firm operates in two segments namely Technology Solutions which is the key revenue driver and Virtual Bank Business.
Executives
Li Jie 2101 Beneficial owner
Sen Rong Limited 2101 Beneficial owner
Yi Chuan Jin Limited 2201 Interest of corporation controlled by you
Hsbc Holdings Plc 2201 Interest of corporation controlled by you
An Ke Technology Company Limited 2201 Interest of corporation controlled by you
Bo Yu Limited 2101 Beneficial owner
Shenzhen Ping An Financial Technology Consulting Co., Ltd. 2201 Interest of corporation controlled by you
Dou Wenwei 2201 Interest of corporation controlled by you
Rong Chang Limited 2101 Beneficial owner
Wang Wenjun 2201 Interest of corporation controlled by you
Xu Liang 2201 Interest of corporation controlled by you
Zhong Guo Ping An Bao Xian Ji Tuan Gu Fen You Xian Gong Si 2201 Interest of corporation controlled by you

OneConnect Financial Technology Co (HKSE:06638) Headlines

No Headlines