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Jiangsu Fasten Co (SZSE:000890) Total Current Liabilities : ¥1,300.0 Mil (As of Mar. 2024)


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What is Jiangsu Fasten 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. Jiangsu Fasten Co's total current liabilities for the quarter that ended in Mar. 2024 was ¥1,300.0


Jiangsu Fasten Co Total Current Liabilities Historical Data

The historical data trend for Jiangsu Fasten 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.

Jiangsu Fasten Co Total Current Liabilities Chart

Jiangsu Fasten Co 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 4,521.49 910.62 1,401.41 1,562.81 1,330.44

Jiangsu Fasten Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 1,477.75 1,369.68 1,049.63 1,330.44 1,299.95

Jiangsu Fasten 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.

Jiangsu Fasten Co'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
=506.633+753.807
+Other Current Liabilities+Current Deferred Liabilities
=70+0
=1,330.4

Jiangsu Fasten Co's Total Current Liabilities for the quarter that ended in Mar. 2024 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=491.151+733.933
+Other Current Liabilities+Current Deferred Liabilities
=74.87+0
=1,300.0

* 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


Jiangsu Fasten Co Total Current Liabilities Related Terms

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Jiangsu Fasten Co (SZSE:000890) Business Description

Traded in Other Exchanges
N/A
Address
No. 165, Chengjiang Middle Road, Jiangsu Province, Jiangyin, CHN, 214434
Jiangsu Fasten Co Ltd is a China-based company mainly engaged in commercial factoring, fine optimization of metal products, bridge cable products and infrastructure materials manufacturing and sales. The company offers steel wires, stranded steel wires, stainless steel silk products, and steel-cables; fiber and cable products.
Executives
Huang Xiao Juan Supervisors
Zhu Gang Supervisors
Zhao Jun Directors, executives
Cao Yu Director
Liu Li Hua Director
Tang Fu Ru Supervisors
Liu Yin Director
Liang Le Tian Executives
Zhou Jian Song Director
Wu Yu Jun Executives

Jiangsu Fasten Co (SZSE:000890) Headlines

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