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China Information Technology Inc (NAS:CNIT)
Total Liabilities
\$29.35 Mil (As of Jun. 2016)

China Information Technology Inc's total liabilities for the quarter that ended in Jun. 2016 was \$29.35 Mil.

China Information Technology Inc's quarterly total liabilities declined from Jun. 2015 (\$146.28 Mil) to Dec. 2015 (\$45.41 Mil) and declined from Dec. 2015 (\$45.41 Mil) to Jun. 2016 (\$29.35 Mil).

China Information Technology Inc's annual total liabilities increased from Dec. 2013 (\$151.89 Mil) to Dec. 2014 (\$159.90 Mil) but then declined from Dec. 2014 (\$159.90 Mil) to Dec. 2015 (\$45.41 Mil).

Definition

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.

China Information Technology Inc's Total Liabilities for the fiscal year that ended in Dec. 2015 is calculated as

 Total Liabilities = Total Current Liabilities + Total Long Term Liabilities = Total Current Liabilities + (Long-Term Debt + Other Long-Term Liab. = 35.539 + (0 + 0.372 + NonCurrentDeferredLiabilities + PensionAndRetirementBenefit + Minority Interest) + 0.086 + 0 + 9.41) = 45.41

 Total Liabilities = Total Assets (A: Dec. 2015 ) - Total Shareholders Equity (A: Dec. 2015 ) = 66.092 - 20.685 = 45.41

China Information Technology Inc's Total Liabilities for the quarter that ended in Jun. 2016 is calculated as

 Total Liabilities = Total Current Liabilities + (Total Long Term Liabilities) = Total Current Liabilities + (Long-Term Debt + Other Long-Term Liab. = 19.649 + (0 + 0.368 + NonCurrentDeferredLiabilities + PensionAndRetirementBenefit + Minority Interest) + 0.087 + 0 + 9.246) = 29.35

 Total Liabilities = Total Assets (Q: Jun. 2016 ) - Total Shareholders Equity (Q: Jun. 2016 ) = 43.549 - 14.199 = 29.35

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

Related Terms

Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

China Information Technology Inc Annual Data

 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Total Liabilities 0.56 14.85 40.77 98.29 132.33 130.93 144.74 151.89 159.90 45.41

China Information Technology Inc Semi-Annual Data

 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Total Liabilities 130.93 139.30 144.74 155.85 151.89 151.79 159.90 146.28 45.41 29.35
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