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Hezong Science and Technology Co (SZSE:300477) Total Current Liabilities : ¥4,742 Mil (As of Mar. 2024)


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What is Hezong Science and Technology 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. Hezong Science and Technology Co's total current liabilities for the quarter that ended in Mar. 2024 was ¥4,742


Hezong Science and Technology Co Total Current Liabilities Historical Data

The historical data trend for Hezong Science and Technology 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.

Hezong Science and Technology Co Total Current Liabilities Chart

Hezong Science and Technology 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 2,540.19 2,682.25 2,567.27 3,520.50 5,205.49

Hezong Science and Technology 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 3,336.85 4,023.48 4,052.94 5,205.49 4,742.44

Hezong Science and Technology 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.

Hezong Science and Technology 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
=2811.311+2040.848
+Other Current Liabilities+Current Deferred Liabilities
=353.329+0
=5,205

Hezong Science and Technology 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
=2382.498+1975.719
+Other Current Liabilities+Current Deferred Liabilities
=384.218+0
=4,742

* 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


Hezong Science and Technology Co Total Current Liabilities Related Terms

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Hezong Science and Technology Co (SZSE:300477) Business Description

Traded in Other Exchanges
N/A
Address
D-1211, Jiahua Building, Shangdi Sanjie, Haidian District, Beijing, CHN, 100085
Hezong Science and Technology Co Ltd is a high tech company providing technological solutions to their customers of power distribution and control equipment in the power industry. It is one-stop solution provider of power distribution systems in China, they offer products ranging from gas insulated ring main units, MV/LV air insulated switchgear, prefabricated substation, pole-mounted switches, distribution automation terminals (FTU/DTU), distribution transformers, to cable branching switchgear.
Executives
Wei Qiang Directors, executives
Han Guo Liang Directors, executives
Zhang Shu Directors, Directors, and Executives
Gao Xing Director
Zhang Xiao Yi Executives
Wang Wei Ping Supervisors
Zhang Ren Zeng Director
He Yun Director
Zhang Quan Zhong Supervisors
Liu Ze Gang Director
Liu Wei Dong Independent director
Wang Xiao Xin Supervisors

Hezong Science and Technology Co (SZSE:300477) Headlines

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