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Huize Holding (Huize Holding) Total Current Liabilities : $55.3 Mil (As of Dec. 2023)


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What is Huize Holding Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. Huize Holding's total current liabilities for the quarter that ended in Dec. 2023 was $55.3

Huize Holding Total Current Liabilities Historical Data

The historical data trend for Huize Holding'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.

Huize Holding Total Current Liabilities Chart

Huize Holding Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Current Liabilities
Get a 7-Day Free Trial 51.58 85.11 191.90 80.19 55.33

Huize Holding Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 80.19 77.76 74.78 53.73 55.33

Huize Holding Total Current Liabilities Calculation

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

Huize Holding'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
=48.002+6.575
+Other Current Liabilities+Current Deferred Liabilities
=0.16799999999999+0.582
=55.3

Huize Holding'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
=48.002+6.575
+Other Current Liabilities+Current Deferred Liabilities
=0.16799999999999+0.582
=55.3

* 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

Huize Holding Total Current Liabilities Related Terms

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Huize Holding (Huize Holding) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Huize Holding Ltd (NAS:HUIZ) » Definitions » Total Current Liabilities
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CUII RELI TIRX GOCO SLQT EHTH MMC AON AJG WTW BRO ERIE BOM:543390 ASX:SDF CRVL ASX:AUB GPROFUT BRP ASX:PSI QDMI
Traded in Other Exchanges
N/A
Address
Qianhai Financial Centre, Linhai Avenue, 49 Floor, Building T1, Qianhai Shenzhen-Hong Kong Cooperation Zone, Shenzhen, CHN, 518000
Website
https://www.huize.com
Huize Holding Ltd is an independent online insurance product and service platform in China. The company distributes on its platform insurance products underwritten by the insurance companies who cooperate with the company, who the company refers to as its insurer partners, and helps them reach a large number of insurance clients. The company's platform offers digitalized insurance purchase experience and services through various internet and mobile internet channels. The company primarily generates revenues from the insurance brokerage fees paid by its insurer partners.