GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » AB International Group Corp (OTCPK:ABQQ) » Definitions » Total Current Liabilities

AB International Group (AB International Group) Total Current Liabilities : $0.80 Mil (As of Feb. 2024)


View and export this data going back to 2015. Start your Free Trial

What is AB International Group Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. AB International Group's total current liabilities for the quarter that ended in Feb. 2024 was $0.80


AB International Group Total Current Liabilities Historical Data

The historical data trend for AB International Group'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.

AB International Group Total Current Liabilities Chart

AB International Group Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Total Current Liabilities
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.35 0.94 1.11 0.95 1.12

AB International Group Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 1.32 1.11 1.12 1.12 0.80

AB International Group Total Current Liabilities Calculation

Total Current Liabilities is the total amount of liabilities that the company needs to pay over the next 12 months.

AB International Group's Total Current Liabilities for the fiscal year that ended in Aug. 2023 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=0.163+0.96
+Other Current Liabilities+Current Deferred Liabilities
=0+0
=1.12

AB International Group's Total Current Liabilities for the quarter that ended in Feb. 2024 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=0.152+0.564
+Other Current Liabilities+Current Deferred Liabilities
=1.1102230246252E-16+0.083
=0.80

* 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


AB International Group Total Current Liabilities Related Terms

Thank you for viewing the detailed overview of AB International Group's Total Current Liabilities provided by GuruFocus.com. Please click on the following links to see related term pages.


AB International Group (AB International Group) Business Description

Traded in Other Exchanges
N/A
Address
144 Main Street, Mount Kisco, New York, NY, USA, 10549
AB International Group Corp is an intellectual property (IP) and movie investment and licensing firm, focused on acquisitions and development of various intellectual property, including the acquisition and distribution of movies. It is predominantly engaged in owning or leasing franchises, patents, and copyrights then in turn license others to use. The company is also engaged in other businesses such as providing Video streaming service under the brand name ABQQ.tv, Smartphone patent, NFT movie and music marketplace license business and operating AB movie theatres. The company has two reportable segments, Copyrights and license (IP) segment which generates majority of the revenue and cinema segment.
Executives
Chiyuan Deng director, officer: President 2/F 45 HOLLYWOOD ROAD, HONG KONG K3 999077
Pathikonda Sivakumar Arikeri 10 percent owner #08-245, BLOCK #107, YISHUN KING ROAD, SINGAPORE U0 760107
Lijun Yu 10 percent owner, officer: Chief Marketing Officer 16TH FLOOR, RICH TOWERS, 2 BLENHEIM AVENUE, TSIM SHA TSUI, KOWLOON K3 00000
Linqing Ye director SHOP 518 5/F TM PLAZA, 88 QINGHEZHONGLU, GUANGZHOU F4 511400
Alexander Holtermann director, officer: Chief Executive Officer KRANICHSTEINER STR 21, 60598 FRANKFURT AM MAIN 2M 60598
Jianli Deng 10 percent owner, officer: Secretary and Treasurer 2/F 45 HOLLYWOOD ROAD, HONG KONG K3 999077
Ian Wright officer: Chief Operating Officer BOECKLINSTRASSE 3, FRANKFURT AM MAIN GERMANY, FRANKFURT 2M 60596
Luis Hadic officer: Chief Financial Officer 23717 110B AVE., MAPLE RIDGE A1 V2W 2E2
Ho Ming Chung officer: Chief Technology Officer 23/F ROOM 8 BLOCK A WANG KWONG BLDG., 22 NGAU TAU KOK ROAD, KOWLOON K3 999077

AB International Group (AB International Group) Headlines

From GuruFocus

Ike Rivera Joins ABQQ as General Manager of Cinemas Business

By GlobeNewswire GlobeNewswire 08-09-2022

AB INTL GROUP Announces Movie Theaters Business Updates

By sperokesalga sperokesalga 03-20-2023

AB INTL GROUP Announces May Updates

By GuruFocusNews GuruFocusNews 06-23-2022

ABQQ Announced Movie 'Love Over the World' NFT Launch on NFT MMM

By Value_Insider Value_Insider 11-07-2022

AB INTL GROUP Announces April Updates

By GuruFocusNews GuruFocusNews 06-28-2022