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XDC Industries (Shenzhen) (SZSE:300615) Total Current Liabilities : ¥113.5 Mil (As of Mar. 2024)


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What is XDC Industries (Shenzhen) Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. XDC Industries (Shenzhen)'s total current liabilities for the quarter that ended in Mar. 2024 was ¥113.5


XDC Industries (Shenzhen) Total Current Liabilities Historical Data

The historical data trend for XDC Industries (Shenzhen)'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.

XDC Industries (Shenzhen) Total Current Liabilities Chart

XDC Industries (Shenzhen) Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Current Liabilities
Get a 7-Day Free Trial Premium Member Only Premium Member Only 67.36 80.45 96.40 295.22 117.43

XDC Industries (Shenzhen) 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 265.41 375.49 237.62 117.43 113.52

XDC Industries (Shenzhen) Total Current Liabilities Calculation

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

XDC Industries (Shenzhen)'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
=107.455+9.957
+Other Current Liabilities+Current Deferred Liabilities
=0.012999999999991+0
=117.4

XDC Industries (Shenzhen)'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
=73.395+40.071
+Other Current Liabilities+Current Deferred Liabilities
=0.053000000000011+0
=113.5

* 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


XDC Industries (Shenzhen) Total Current Liabilities Related Terms

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XDC Industries (Shenzhen) (SZSE:300615) Business Description

Traded in Other Exchanges
N/A
Address
No.05, Chaguang Road, 17th Floor, Vanke Yunchuang, Building B, Bodun Science and Technology Park, Nanshan District, Guangdong, Shenzhen, CHN, 518055
XDC Industries (Shenzhen) Ltd researches, develops, manufactures, and sells radio frequency metal components for mobile communication industry in China. The firm offers radio frequency, optical electronic, and light communication components, other precise parts and RF structures.
Executives
Liu Hui Director
Wang Zhang Hua Directors, executives
Sun Hai Long Directors, executives
Xue Feng Director
Shi Wei Ping Director
Qin Jie Executives
Lin Yan Jin Directors, executives

XDC Industries (Shenzhen) (SZSE:300615) Headlines

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