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China Information Technology, Inc. (NAS:CNIT)
Total Liabilities
$151.89 Mil (As of Dec. 2013)

China Information Technology, Inc.'s total liabilities for the quarter that ended in Dec. 2013 was $151.89 Mil.

China Information Technology, Inc.'s quarterly total liabilities increased from Dec. 2012 ($144.74 Mil) to Jun. 2013 ($155.85 Mil) but then declined from Jun. 2013 ($155.85 Mil) to Dec. 2013 ($151.89 Mil).

China Information Technology, Inc.'s annual total liabilities increased from Dec. 2011 ($130.93 Mil) to Dec. 2012 ($144.74 Mil) and increased from Dec. 2012 ($144.74 Mil) to Dec. 2013 ($151.89 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. 2013 is calculated as

Total Liabilities=Total Current Liabilities+Total Long Term Liabilities
=Total Current Liabilities+(Long-Term Debt+Other Long-Term Liab.
=127.991+(0.313+22.843
+DeferredTaxAndRevenue+PensionAndRetirementBenefit)
+0.743+0)
=151.89

Total Liabilities=Total Assets (A: Dec. 2013 )-Total Shareholder’s Equity (A: Dec. 2013 )
=189.239-37.349
=151.89

China Information Technology, Inc.'s Total Liabilities for the quarter that ended in Dec. 2013 is calculated as

Total Liabilities=Total Current Liabilities+(Total Long Term Liabilities)
=Total Current Liabilities+(Long-Term Debt+Other Long-Term Liab.
=127.991+(0.313+22.843
+DeferredTaxAndRevenue+PensionAndRetirementBenefit)
+0.743+0)
=151.89

Total Liabilities=Total Assets (Q: Dec. 2013 )-Total Shareholder’s Equity (Q: Dec. 2013 )
=189.239-37.349
=151.89

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.


Related Terms

Total Assets, Total Shareholder’s Equity, Total Current Liabilities, Long-Term Debt, Other Long-Term Liab.


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

China Information Technology, Inc. Annual Data

Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13
Total Liabilities 0.000.020.5614.8540.7798.29132.33130.93144.74151.89

China Information Technology, Inc. Quarterly Data

Mar11Jun11Sep11Dec11Mar12Jun12Sep12Dec12Jun13Dec13
Total Liabilities 134.22128.93122.60130.93128.58139.30146.72144.74155.85151.89
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