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China Best Group Holding (HKSE:00370) Total Current Liabilities : HK$933.4 Mil (As of Sep. 2023)


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What is China Best Group Holding Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. China Best Group Holding's total current liabilities for the quarter that ended in Sep. 2023 was HK$933.4

China Best Group Holding Total Current Liabilities Historical Data

The historical data trend for China Best Group Holding'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.

China Best Group Holding Total Current Liabilities Chart

China Best Group Holding Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Mar22 Mar23
Total Current Liabilities
Get a 7-Day Free Trial Premium Member Only Premium Member Only 76.56 53.02 69.68 1,076.54 1,003.42

China Best Group Holding Semi-Annual Data
Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Sep21 Mar22 Sep22 Mar23 Sep23
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 1,006.33 1,076.54 989.27 1,003.42 933.42

China Best Group Holding Total Current Liabilities Calculation

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

China Best Group Holding's Total Current Liabilities for the fiscal year that ended in Mar. 2023 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=536.006+332.357
+Other Current Liabilities+Current Deferred Liabilities
=135.058+0
=1,003.4

China Best Group Holding's Total Current Liabilities for the quarter that ended in Sep. 2023 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=487.793+316.021
+Other Current Liabilities+Current Deferred Liabilities
=129.603+0
=933.4

* 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

China Best Group Holding Total Current Liabilities Related Terms

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China Best Group Holding (HKSE:00370) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » China Best Group Holding Ltd (HKSE:00370) » Definitions » Total Current Liabilities
Comparable Companies
HKSE:00653 HKSE:01280 HKSE:00104 HKSE:06033 HKSE:01939 HKSE:00814 HKSE:01759 HKSE:08473 HKSE:01545 HKSE:00915 ORLY TSX:ATD AZO TSCO SHSE:601888 WSM ULTA DKS BBY CASY
Traded in Other Exchanges
EFO3:Germany
Address
The Gateway, Harbour City, Suite 1901-2 & 14, 19th Floor, Tower 6, Kowloon, Hong Kong, HKG
Website
http://www.cbgroup.com.hk
China Best Group Holding Ltd is a China-based company having various business segments. Trading of goods including radio systems and electronic appliances which is the key revenue driver; Finance leasing of plant and machinery; Money lending; Securities and futures brokerage segment engages in securities and futures dealing services in Hong Kong; International air and sea freight forwarding and logistic services to customers in Singapore and the USA; Securities trading of equity securities and dividend income from held for trading investments; Property investment for rental income and capital appreciation in PRC; Building architecture and interior design services; Property brokerage and agency service,Geothermal energy, Customised technical support segment and Centralised heating segment.
Executives
Ping Pacific Limited 2101 Beneficial owner
Yeung Yat Ping 2101 Beneficial owner
South Leader Limited 2101 Beneficial owner
Li Meng Zhe 2101 Beneficial owner
Max Kensho Capital Group Limited 2101 Beneficial owner
Sunbow Int'l Enterprise Limited 2101 Beneficial owner
Wang Baoning 2101 Beneficial owner
Li Meng Zhe 2201 Interest of corporation controlled by you
Wang Yicheng 2201 Interest of corporation controlled by you

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