GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Shanghai Zhongchen Electronic Technology Co Ltd (SHSE:603275) » Definitions » Total Current Liabilities

Shanghai Zhongchen Electronic Technology Co (SHSE:603275) Total Current Liabilities : ¥256.0 Mil (As of Mar. 2024)


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

What is Shanghai Zhongchen Electronic 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. Shanghai Zhongchen Electronic Technology Co's total current liabilities for the quarter that ended in Mar. 2024 was ¥256.0

Shanghai Zhongchen Electronic Technology Co Total Current Liabilities Historical Data

The historical data trend for Shanghai Zhongchen Electronic 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.

Shanghai Zhongchen Electronic Technology Co Total Current Liabilities Chart

Shanghai Zhongchen Electronic Technology Co Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Total Current Liabilities
262.46 233.01 299.40 223.92 296.20

Shanghai Zhongchen Electronic Technology Co Quarterly Data
Dec19 Dec20 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 - 301.43 309.96 296.20 256.01

Shanghai Zhongchen Electronic 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.

Shanghai Zhongchen Electronic 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
=213.967+0
+Other Current Liabilities+Current Deferred Liabilities
=82.229+0
=296.2

Shanghai Zhongchen Electronic 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
=170.618+0
+Other Current Liabilities+Current Deferred Liabilities
=85.388+0
=256.0

* 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

Shanghai Zhongchen Electronic Technology Co Total Current Liabilities Related Terms

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

Shanghai Zhongchen Electronic Technology Co (SHSE:603275) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Shanghai Zhongchen Electronic Technology Co Ltd (SHSE:603275) » Definitions » Total Current Liabilities
Comparable Companies
SHSE:603303 SHSE:603530 SZSE:300116 SHSE:600343 SZSE:300341 SZSE:301179 SHSE:600353 SHSE:688800 SHSE:600184 SZSE:002334 SZSE:300750 XSWX:ABBN BKK:DELTA TSE:6503 XPAR:LR SZSE:300124 SZSE:300274 VRT HUBB XKRX:247540
Traded in Other Exchanges
N/A
Address
No. 3768 Yexin Road, Maogang Town, Songjiang, Shanghai, CHN, 201607
Website
http://www.zoncn.cn
Shanghai Zhongchen Electronic Technology Co Ltd is a high-tech enterprise focusing on the research and development, production, sales and service of electric transmission and industrial automation products. The company's main products are variable frequency drives, servo drive systems and electric new energy vehicle drives. The company has a wide range of products, among which medium and low-voltage variable frequency drives are divided into two categories: general-purpose products and industry-specific products.

Shanghai Zhongchen Electronic Technology Co (SHSE:603275) Headlines

No Headlines