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Volcano Spring International Holdings (HKSE:01715) Total Current Liabilities : HK$127.12 Mil (As of Jun. 2023)


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What is Volcano Spring International Holdings Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. Volcano Spring International Holdings's total current liabilities for the quarter that ended in Jun. 2023 was HK$127.12

Volcano Spring International Holdings Total Current Liabilities Historical Data

The historical data trend for Volcano Spring International Holdings'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.

Volcano Spring International Holdings Total Current Liabilities Chart

Volcano Spring International Holdings Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Current Liabilities
Get a 7-Day Free Trial Premium Member Only 110.24 78.24 73.77 121.94 111.75

Volcano Spring International Holdings Semi-Annual Data
Dec15 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 73.77 61.78 121.94 127.12 111.75

Volcano Spring International Holdings Total Current Liabilities Calculation

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

Volcano Spring International Holdings's Total Current Liabilities for the fiscal year that ended in Dec. 2023 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=30.422+72.526
+Other Current Liabilities+Current Deferred Liabilities
=8.803+0
=111.75

Volcano Spring International Holdings's Total Current Liabilities for the quarter that ended in Jun. 2023 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=36.674+88.062
+Other Current Liabilities+Current Deferred Liabilities
=2.382+0
=127.12

* 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

Volcano Spring International Holdings Total Current Liabilities Related Terms

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Volcano Spring International Holdings (HKSE:01715) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Volcano Spring International Holdings Ltd (HKSE:01715) » Definitions » Total Current Liabilities
Comparable Companies
HKSE:01418 HKSE:02381 HKSE:08118 HKSE:00396 HKSE:02222 HKSE:01237 HKSE:08392 HKSE:08547 HKSE:08222 HKSE:08125 SZSE:000333 SHSE:600690 SZSE:000651 TSE:9843 SHSE:603833 TPX SN WHR SZSE:002032 XPAR:SK
Traded in Other Exchanges
N/A
Address
3585 Sanlu Road, West Building No. 2, Pujiang Industrial Zone, Caohejing Hi-tech Park, Shanghai, CHN, 201114
Website
http://www.mijiholdings.com
Volcano Spring International Holdings Ltd Formerly Miji International Holdings Ltd is engaged in developing, manufacturing, and selling premium kitchen appliances. Its products are Hobs and Stoves including radiant stoves and induction stoves, pots, and pans. It sells its products under the brand name Miji Design, Miji Home, and Miju Pro. It generates a majority of its revenue from the sale of Hobs and stoves (Radiant). Geographically, it generates its revenue from the People's Republic of China.
Executives
Seashore Global Enterprises Limited 2101 Beneficial owner
Wu Huizhang 2201 Interest of corporation controlled by you
Ample Cheer Limited
Kingston Finance Limited
Chu Yuet Wah
Ke Fusheng 2101 Beneficial owner
Maeck Can Yue 2201 Interest of corporation controlled by you
Wide Big Investment Limited 2101 Beneficial owner

Volcano Spring International Holdings (HKSE:01715) Headlines

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