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Nongfu Spring Co (Nongfu Spring Co) Total Current Liabilities : $2,784 Mil (As of Dec. 2023)


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What is Nongfu Spring 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. Nongfu Spring Co's total current liabilities for the quarter that ended in Dec. 2023 was $2,784

Nongfu Spring Co Total Current Liabilities Historical Data

The historical data trend for Nongfu Spring 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.

Nongfu Spring Co Total Current Liabilities Chart

Nongfu Spring Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Current Liabilities
Get a 7-Day Free Trial 1,060.99 1,502.40 1,819.50 2,094.39 2,783.75

Nongfu Spring Co Semi-Annual Data
Dec17 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Total Current Liabilities Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1,819.50 2,663.99 2,094.39 3,672.54 2,783.75

Nongfu Spring 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.

Nongfu Spring 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
=1695.789+445.176
+Other Current Liabilities+Current Deferred Liabilities
=642.789+0
=2,784

Nongfu Spring Co'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
=1695.789+445.176
+Other Current Liabilities+Current Deferred Liabilities
=642.789+0
=2,784

* 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

Nongfu Spring Co Total Current Liabilities Related Terms

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Nongfu Spring Co (Nongfu Spring Co) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Non-Alcoholic » Nongfu Spring Co Ltd (OTCPK:NNFSF) » Definitions » Total Current Liabilities
Comparable Companies
HKSE:00220 HKSE:00506 HKSE:02218 HKSE:01115 HKSE:02119 HKSE:00756 HKSE:01446 KO PEP MNST KDP LSE:CCEP COCSF AC NSE:VBL CELH LSE:CCH TSE:2267 COKE SHSE:603156
Traded in Other Exchanges
09633:Hong Kong 7NF:Germany
Address
No. 181, Geyazhuang, Xihu District, Hangzhou, CHN, 310024
Website
https://www.nongfuspring.com
Founded in 1996, Nongfu Spring is a leading manufacturer of bottled water, ready-to-drink tea, juice and functional beverages in China. It holds the number-one share in the bottled water market; this segment contributed approximately 55% of the firm's revenue and EBIT in 2022.

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