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Hand Enterprise Solutions Co (SZSE:300170) Total Current Liabilities : ¥980 Mil (As of Mar. 2024)


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What is Hand Enterprise Solutions 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. Hand Enterprise Solutions Co's total current liabilities for the quarter that ended in Mar. 2024 was ¥980


Hand Enterprise Solutions Co Total Current Liabilities Historical Data

The historical data trend for Hand Enterprise Solutions 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.

Hand Enterprise Solutions Co Total Current Liabilities Chart

Hand Enterprise Solutions 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 1,214.41 1,126.70 893.65 919.07 997.57

Hand Enterprise Solutions 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 986.20 938.44 957.95 997.57 979.55

Hand Enterprise Solutions 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.

Hand Enterprise Solutions 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
=426.397+402.004
+Other Current Liabilities+Current Deferred Liabilities
=169.17+0
=998

Hand Enterprise Solutions 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
=286.683+503.366
+Other Current Liabilities+Current Deferred Liabilities
=189.499+0
=980

* 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


Hand Enterprise Solutions Co Total Current Liabilities Related Terms

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Hand Enterprise Solutions Co (SZSE:300170) Business Description

Traded in Other Exchanges
N/A
Address
Room 1339 Central Plaza, No 381Central Huaihai Road, Shanghai, CHN, 200020
Hand Enterprise Solutions Co Ltd is a China-based ERP consulting implementation company. Its business operations include enterprise information application product development, consulting implementation and technical services. Its product and service offering comprises charge control system, supply chain financial services cloud platform, master data management, enterprise mobile platform, and other technical products.
Executives
Chen Di Qing Director
Huang Qing Supervisors
Lu Ya Securities Affairs Representative
Shu Xiao Securities Affairs Representative
Fan Jian Zhen Director
Wang Xin Yi Executives
Zhang Wei Feng Directors, executives

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