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Lai Sun Development Co (HKSE:00488) Total Current Liabilities : HK$6,749 Mil (As of Jan. 2024)


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What is Lai Sun Development Co Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. Lai Sun Development Co's total current liabilities for the quarter that ended in Jan. 2024 was HK$6,749


Lai Sun Development Co Total Current Liabilities Historical Data

The historical data trend for Lai Sun Development Co'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.

Lai Sun Development Co Total Current Liabilities Chart

Lai Sun Development Co Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Total Current Liabilities
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9,484.93 13,285.02 8,851.87 12,498.73 11,120.77

Lai Sun Development Co Semi-Annual Data
Jul14 Jan15 Jul15 Jan16 Jul16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24
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 12,805.25 12,498.73 10,520.96 11,120.77 6,748.76

Lai Sun Development Co Total Current Liabilities Calculation

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

Lai Sun Development Co's Total Current Liabilities for the fiscal year that ended in Jul. 2023 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=2440.874+6280.272
+Other Current Liabilities+Current Deferred Liabilities
=2399.628+0
=11,121

Lai Sun Development Co's Total Current Liabilities for the quarter that ended in Jan. 2024 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=3335.84+2645.483
+Other Current Liabilities+Current Deferred Liabilities
=767.44+0
=6,749

* 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


Lai Sun Development Co Total Current Liabilities Related Terms

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Lai Sun Development Co (HKSE:00488) Business Description

Traded in Other Exchanges
Address
680 Cheung Sha Wan Road, 11th Floor, Lai Sun Commercial Centre, Kowloon, Hong Kong, HKG
Lai Sun Development Co Ltd is an investment holding company. The company's operating segment includes property development and sales; property investment; hotel operation; restaurant operation; media and entertainment; film and TV programs; cinema operation; theme park operation and others. The property development and sales segment is engaged in property development and the sale of properties. Geographically, it derives a majority of its revenue from Hong Kong, Mainland China and Macau.
Executives
Lai Sun Garment (international) Limited 2201 Interest of corporation controlled by you
Lam Kin Ngok Peter 2201 Interest of corporation controlled by you
Yu Cheuk Yi 2103 Interests held jointly with another person
Yu Siu Yuk 2103 Interests held jointly with another person
Argyle Street Management Holdings Limited 2201 Interest of corporation controlled by you
Argyle Street Management Limited 2102 Investment manager
Asm Connaught House (master) Fund Iii Lp 2201 Interest of corporation controlled by you
Asm Connaught House General Partner Iii Limited 2102 Investment manager
Chan Kin 2201 Interest of corporation controlled by you
Haitong International Holdings Limited 2201 Interest of corporation controlled by you
Haitong International Securities Company Limited 2105 Underwriter
Haitong International Securities Group Limited 2201 Interest of corporation controlled by you
Haitong Securities Co., Ltd. 2201 Interest of corporation controlled by you
Jinlong Road Limited 2101 Beneficial owner
Tanah Abang Limited 2201 Interest of corporation controlled by you

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