Hwaxin Environmental Co (SZSE:301265) Total Current Liabilities : ¥71.9 Mil (As of Mar. 2024)

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What is Hwaxin Environmental 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. Hwaxin Environmental Co's total current liabilities for the quarter that ended in Mar. 2024 was ¥71.9

Hwaxin Environmental Co Total Current Liabilities Historical Data

The historical data trend for Hwaxin Environmental 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.

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Hwaxin Environmental Co Total Current Liabilities Chart

Hwaxin Environmental Co Annual Data

Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23

Total Current Liabilities

Get a 7-Day Free Trial 129.28 161.13 183.90 120.02 82.90

Hwaxin Environmental Co Quarterly Data

Dec17 Dec18 Dec19 Jun20 Sep20 Dec20 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24

Total Current Liabilities Get a 7-Day Free Trial 97.96 85.47 76.71 82.90 71.88

Hwaxin Environmental 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.

Hwaxin Environmental 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

= 65.296 + 4.964

+ Other Current Liabilities + Current Deferred Liabilities

= 12.642 + 0

= 82.9

Hwaxin Environmental 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

= 51.747 + 4.244

+ Other Current Liabilities + Current Deferred Liabilities

= 15.888 + 0

= 71.9

* 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

Hwaxin Environmental Co Total Current Liabilities Related Terms
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Hwaxin Environmental Co (SZSE:301265) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » Hwaxin Environmental Co Ltd (SZSE:301265) » Definitions » Total Current Liabilities

Comparable Companies

SZSE:301203 SHSE:688370 SZSE:301372 SZSE:300190 SHSE:603797 SZSE:300187 SZSE:301519 SHSE:688480 SZSE:300422 SZSE:300958 WM RSG WCN XPAR:VIE GFL CLH XMAD:FCC CWST SHSE:603568 SZSE:002340

Traded in Other Exchanges

N/A

Address

No. 3-9, No. 4, Jingsheng North 1st Street, Jinqiao Science and Technology Industrial Base, Tongzhou Park, Zhongguancun Science and Technology, Tongzhou District, Beijing, CHN, 101102

Website

http://www.hxepd.com

Hwaxin Environmental Co Ltd is a high-tech environmental protection enterprise specializing in the recycling and disposal of solid waste. Its main business includes electronic waste dismantling, scrapped motor vehicle dismantling, waste electronic equipment recycling Utilization and disposal of hazardous waste and others.

Hwaxin Environmental Co (SZSE:301265) Headlines

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Hwaxin Environmental Co Quarterly Data
	Dec17	Dec18	Dec19	Jun20	Sep20	Dec20	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Total Current Liabilities	Get a 7-Day Free Trial													97.96	85.47	76.71	82.90	71.88

Total Current Liabilities	=	Accounts Payable & Accrued Expense	+	Short-Term Debt & Capital Lease Obligation
	=	65.296	+	4.964
	+	Other Current Liabilities	+	Current Deferred Liabilities
	=	12.642	+	0
	=	82.9