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China 33 Media Group (HKSE:08087) Total Current Liabilities : HK$261.28 Mil (As of Dec. 2023)


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What is China 33 Media Group 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 33 Media Group's total current liabilities for the quarter that ended in Dec. 2023 was HK$261.28

China 33 Media Group Total Current Liabilities Historical Data

The historical data trend for China 33 Media Group'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 33 Media Group Total Current Liabilities Chart

China 33 Media Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Current Liabilities
Get a 7-Day Free Trial Premium Member Only Premium Member Only 157.23 193.46 255.47 313.63 261.28

China 33 Media Group Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only 313.63 - 299.20 - 261.28

China 33 Media Group 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 33 Media Group'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
=190.734+14.94
+Other Current Liabilities+Current Deferred Liabilities
=55.61+0
=261.28

China 33 Media Group'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
=190.734+14.94
+Other Current Liabilities+Current Deferred Liabilities
=55.61+0
=261.28

* 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 33 Media Group Total Current Liabilities Related Terms

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China 33 Media Group (HKSE:08087) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » China 33 Media Group Ltd (HKSE:08087) » Definitions » Total Current Liabilities
Comparable Companies
HKSE:08368 HKSE:08280 HKSE:00491 HKSE:08082 HKSE:01740 HKSE:08220 HKSE:01566 HKSE:08078 HKSE:00953 HKSE:01661 DIS NFLX WBD XAMS:UMG SIRI PARA LYV FOXA XPAR:BOL WMG
Traded in Other Exchanges
N/A
Address
20 Jiuxianqiao Road, Unit 410-412, 4th Floor, Chaoyang District, One Indigo, Beijing, CHN
Website
http://www.china33media.com
China 33 Media Group Ltd is engaged in outdoor and digital advertising, film and entertainment investment, prepaid card business as well as printed media advertising. Its segments are printed media advertising; outdoor and digital advertising; film and entertainment investment; and prepaid cards. It derives the majority of the revenue from the outdoor and digital advertising segment that generates income from online advertising through mobile applications and websites, etc. as well as the sale of advertising spaces on the billboards and LEDs installed at certain railway stations, and revenue from promotion campaigns conducted in train stations.
Executives
Liu Sibin 2202 Interest of your spouse
Broad Win Limited 2201 Interest of corporation controlled by you
Joint Loyal Limited 2201 Interest of corporation controlled by you
Lin Pintong 2201 Interest of corporation controlled by you
Lizhong Limited 2101 Beneficial owner
Pan Xiaoying 2202 Interest of your spouse
China Investment And Finance Group Limited 2201 Interest of corporation controlled by you
New Express Investment Limited 2101 Beneficial owner
Ruan Deqing 2101 Beneficial owner

China 33 Media Group (HKSE:08087) Headlines

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