WANG & LEE Group (WANG & LEE Group) Total Liabilities : $5.78 Mil (As of Dec. 2023)

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What is WANG & LEE Group Total Liabilities?

WANG & LEE Group's Total Liabilities for the quarter that ended in Dec. 2023 was $5.78 Mil.

WANG & LEE Group's quarterly Total Liabilities increased from Dec. 2022 ($4.81 Mil) to Jun. 2023 ($4.94 Mil) and increased from Jun. 2023 ($4.94 Mil) to Dec. 2023 ($5.78 Mil).

WANG & LEE Group's annual Total Liabilities increased from Dec. 2021 ($3.54 Mil) to Dec. 2022 ($4.81 Mil) and increased from Dec. 2022 ($4.81 Mil) to Dec. 2023 ($5.78 Mil).

WANG & LEE Group Total Liabilities Historical Data

The historical data trend for WANG & LEE Group's Total 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.

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WANG & LEE Group Total Liabilities Chart

WANG & LEE Group Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Total Liabilities

2.89

3.54

4.81

5.78

WANG & LEE Group Semi-Annual Data
	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Total Liabilities	Get a 7-Day Free Trial			3.54	3.44	4.81	4.94	5.78

WANG & LEE Group Total Liabilities Calculation

Total Liabilities are the liabilities that the company has to pay others. It is a part of the balance sheet of a company that shareholders do not own, and would be obligated to pay back if the company liquidated.

WANG & LEE Group's Total Liabilities for the fiscal year that ended in Dec. 2023 is calculated as

Total Liabilities	=	Total Current Liabilities	+	Total Noncurrent Liabilities
	=	Total Current Liabilities	+	(Long-Term Debt & Capital Lease Obligation	+	Other Long-Term Liabilities
	=	5.105	+	(0.677	+	-4.4408920985006E-16
	+	NonCurrent Deferred Liabilities	+	PensionAndRetirementBenefit)
	+	0	+	0)
	=	5.78

Total Liabilities	=	Total Assets (A: Dec. 2023 )	-	Total Equity (A: Dec. 2023 )
	=	11.791	-	6.009
	=	5.78

WANG & LEE Group's Total Liabilities for the quarter that ended in Dec. 2023 is calculated as

Total Liabilities	=	Total Current Liabilities	+	Total Noncurrent Liabilities
	=	Total Current Liabilities	+	(Long-Term Debt & Capital Lease Obligation	+	Other Long-Term Liabilities
	=	5.105	+	(0.677	+	-4.4408920985006E-16
	+	NonCurrent Deferred Liabilities	+	PensionAndRetirementBenefit)
	+	0	+	0)
	=	5.78

Total Liabilities	=	Total Assets (Q: Dec. 2023 )	-	Total Equity (Q: Dec. 2023 )
	=	11.791	-	6.009
	=	5.78

WANG & LEE Group Total Liabilities Related Terms

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WANG & LEE Group (WANG & LEE Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » WANG & LEE Group Inc (NAS:WLGS) » Definitions » Total Liabilities

Comparable Companies

Traded in Other Exchanges

N/A

Address

3 Tai Yip Street, 5th Floor, Wing Tai Factory Building, Kwun Tong, Kowloon, Hong Kong, HKG

Website

http://www.wangnlee.com.hk

WANG & LEE Group Inc operates as an investment holding company. The firm conducts its primary operations through its indirectly wholly owned subsidiary WANG and LEE CONTRACTING LIMITED (WLHK). WLHK provides contract engineering, installation, and out-fitting of the following products and services: low voltage (220v/phase 1 or 380v/phase 3) electrical systems, mechanical ventilation and air-conditioning systems (MVAC), fire safety systems, and water supply and sewage disposal systems.

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