GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » ZX Inc (HKSE:09890) » Definitions » Total Current Liabilities

ZX (HKSE:09890) Total Current Liabilities : HK$5,290 Mil (As of Dec. 2023)


View and export this data going back to 2023. Start your Free Trial

What is ZX Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. ZX's total current liabilities for the quarter that ended in Dec. 2023 was HK$5,290

ZX Total Current Liabilities Historical Data

The historical data trend for ZX'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.

ZX Total Current Liabilities Chart

ZX Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Total Current Liabilities
3,630.33 6,354.96 8,810.84 5,289.73

ZX Semi-Annual Data
Dec20 Dec21 Dec22 Dec23
Total Current Liabilities 3,630.33 6,354.96 8,810.84 5,289.73

ZX Total Current Liabilities Calculation

Total Current Liabilities is the total amount of liabilities that the company needs to pay over the next 12 months.

ZX'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
=1849.462+3346.865
+Other Current Liabilities+Current Deferred Liabilities
=93.403+0
=5,290

ZX'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
=1849.462+3346.865
+Other Current Liabilities+Current Deferred Liabilities
=93.403+0
=5,290

* 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

ZX Total Current Liabilities Related Terms

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

ZX (HKSE:09890) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » ZX Inc (HKSE:09890) » Definitions » Total Current Liabilities
Comparable Companies
HKSE:00797 HKSE:02400 HKSE:00777 HKSE:01119 HKSE:00799 HKSE:02660 HKSE:00302 HKSE:06633 HKSE:03798 HKSE:06820 ATVI ATVI NTES TSE:7974 EA TTWO RBLX TSE:3659 TSE:9766 TSE:9697
Traded in Other Exchanges
N/A
Address
No. 9 Olympic Stadium South Road, Tanwan Game Building, Building B, Synaesthesia Thinking Industrial Park, Tianhe, Guangdong, Guangzhou, CHN
Website
https://www.zx.com
ZX Inc is a publisher of online game products in China. It is devoted to marketing and operating online games (in particular mobile games) in China. The online games developed by its clients marketed and operated by the company are delivered to players under the Tan Wan brand. The company has enabled the marketing and operation of 11 game products for more than five years and 28 game products for more than three years.
Executives
Wu Xubo 2307 Founder of a discretionary trust who can infl
Tmf (cayman) Ltd. 2301 Trustee
Wxland Holding Limited 2201 Interest of corporation controlled by you
Wxland International Ltd 2101 Beneficial owner
Wxland Limited 2201 Interest of corporation controlled by you
Trident Trust Company (hk) Limited 2301 Trustee
Wu Xuan 2307 Founder of a discretionary trust who can infl
Wxzela International Ltd 2101 Beneficial owner
Zela Holding Limited 2201 Interest of corporation controlled by you
Chen Yang 2201 Interest of corporation controlled by you
Wxworld Holding Limited 2101 Beneficial owner

ZX (HKSE:09890) Headlines

No Headlines