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Ruihe Data Technology Holdings (HKSE:03680) Total Current Liabilities : HK$339.1 Mil (As of Dec. 2023)


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What is Ruihe Data Technology 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. Ruihe Data Technology Holdings's total current liabilities for the quarter that ended in Dec. 2023 was HK$339.1

Ruihe Data Technology Holdings Total Current Liabilities Historical Data

The historical data trend for Ruihe Data Technology 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.

Ruihe Data Technology Holdings Total Current Liabilities Chart

Ruihe Data Technology Holdings Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Current Liabilities
Get a 7-Day Free Trial 171.45 273.00 366.35 334.64 339.09

Ruihe Data Technology Holdings Semi-Annual Data
Dec16 Dec17 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 366.35 401.01 334.64 228.90 339.09

Ruihe Data Technology 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.

Ruihe Data Technology 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
=137.951+187.473
+Other Current Liabilities+Current Deferred Liabilities
=13.661+0
=339.1

Ruihe Data Technology Holdings's Total Current Liabilities for the quarter that ended in Dec. 2023 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=137.951+187.473
+Other Current Liabilities+Current Deferred Liabilities
=13.661+0
=339.1

* 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

Ruihe Data Technology Holdings Total Current Liabilities Related Terms

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Ruihe Data Technology Holdings (HKSE:03680) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » Ruihe Data Technology Holdings Ltd (HKSE:03680) » Definitions » Total Current Liabilities
Comparable Companies
HKSE:01522 HKSE:08081 HKSE:00771 HKSE:08229 HKSE:00046 HKSE:02350 HKSE:02501 HKSE:02280 HKSE:02176 HKSE:01402 ACN NSE:TCS IBM NSE:INFY FI NSE:HCLTECH CTSH XPAR:CAP FIS CDW
Traded in Other Exchanges
N/A
Address
Cangqian Street, Room 4101, 41st Floor, Building 2, Euro-American Financial City, Yuhang District, Zhejiang Province, Hangzhou, CHN
Website
https://www.datamargin.com
Ruihe Data Technology Holdings Ltd formerly Suoxinda Holdings Ltd is engaged in the provision of data solutions, sales of hardware and software, and related services as an integrated service, as well as information technology maintenance and support services. It derives maximum revenue from Data solutions.
Executives
Xue Shouguang 2201 Interest of corporation controlled by you
Mindas Touch Global Limited 2101 Beneficial owner
Shen Zhen Shi Gao Sheng Da Lv You Qi Che Fu Wu You Xian Gong Si 2101 Beneficial owner
Wang Donglin 2201 Interest of corporation controlled by you
Treasure Tree Asia Holdings Co. Ltd 2101 Beneficial owner
Chen Weiping 2202 Interest of your spouse
Wu Xinlan 2202 Interest of your spouse
Chen Zhenping 2101 Beneficial owner
Wang Donglin 2101 Beneficial owner
Ideal Treasure Holdings Limited 2101 Beneficial owner
Wu Xiaohua 2201 Interest of corporation controlled by you
Chi Xianfang 2202 Interest of your spouse
Huatai Securities Co., Ltd. 2201 Interest of corporation controlled by you
Song Hongtao 2101 Beneficial owner
Benefit Ocean Holdings Limited 2101 Beneficial owner

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