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East Group Co (SZSE:300376) Total Current Liabilities : ¥3,396 Mil (As of Mar. 2024)


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What is East Group 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. East Group Co's total current liabilities for the quarter that ended in Mar. 2024 was ¥3,396


East Group Co Total Current Liabilities Historical Data

The historical data trend for East Group 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.

East Group Co Total Current Liabilities Chart

East Group 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 5,282.86 5,216.16 4,473.29 4,302.41 3,406.13

East Group 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 3,667.36 3,122.80 3,358.32 3,406.13 3,396.44

East Group 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.

East Group 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
=2612.128+294.636
+Other Current Liabilities+Current Deferred Liabilities
=499.363+0
=3,406

East Group 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
=2465.409+334.248
+Other Current Liabilities+Current Deferred Liabilities
=596.783+0
=3,396

* 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


East Group Co Total Current Liabilities Related Terms

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East Group Co (SZSE:300376) Business Description

Traded in Other Exchanges
N/A
Address
No. 6 Northern Industry Road, Songshan lake, Science and Technology Industrial Park, Dongguan, CHN, 523808
East Group Co Ltd operates as a power supply manufacturer in China. It focuses on providing green, energy-saving, stable, reliable and continuous power supplies. The products offered by the group include Solar inverters & Solar PV energy solutions, UPS & Data center solutions, Electric vehicle charging station, Stabilizer and Lead-acid maintenance-free battery. Geographically it operates through China and it holds more than 200 representative offices around China. The company's products are sold in both Chinese and international markets.
Executives
Dai Bao Feng Director
Zhang Tao Executives
Xu Hai Bo Directors, executives
Zhang Shun Jiang Executives
Yu Wei Directors, executives
He Jia Director
Shi Xiao Li Supervisors
He Si Mo Directors, executives
Zhao Jiu Hong Directors, executives
Yang Qin Supervisors
Chen Yong Hua Executives
Sun Xiao Ling Supervisors

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