Switch to:
GuruFocus has detected 4 Warning Signs with China Information Technology Inc $CNIT.
More than 500,000 people have already joined GuruFocus to track the stocks they follow and exchange investment ideas.
China Information Technology Inc (NAS:CNIT)
Total Liabilities
$29.35 Mil (As of Jun. 2016)

China Information Technology Inc's total liabilities for the quarter that ended in Jun. 2016 was $29.35 Mil.

China Information Technology Inc's quarterly total liabilities declined from Jun. 2015 ($146.28 Mil) to Dec. 2015 ($45.41 Mil) and declined from Dec. 2015 ($45.41 Mil) to Jun. 2016 ($29.35 Mil).

China Information Technology Inc's annual total liabilities declined from Dec. 2014 ($159.90 Mil) to Dec. 2015 ($45.41 Mil) and declined from Dec. 2015 ($45.41 Mil) to Dec. 2016 ($30.58 Mil).


Definition

Total liabilities are the liabilities that the company has to pay others. It is a part of the balance sheet of a company that shareholders do not own, and would be obligated to pay back if the company liquidated.

China Information Technology Inc's Total Liabilities for the fiscal year that ended in Dec. 2016 is calculated as

Total Liabilities=Total Current Liabilities+Total Long Term Liabilities
=Total Current Liabilities+(Long-Term Debt+Other Long-Term Liab.
=21.384+(0+0.001
+NonCurrentDeferredLiabilities+PensionAndRetirementBenefit+Minority Interest)
+0.1+0+9.094)
=30.58

Total Liabilities=Total Assets (A: Dec. 2016 )-Total Shareholder’s Equity (A: Dec. 2016 )
=34.287-3.708
=30.58

China Information Technology Inc's Total Liabilities for the quarter that ended in Jun. 2016 is calculated as

Total Liabilities=Total Current Liabilities+(Total Long Term Liabilities)
=Total Current Liabilities+(Long-Term Debt+Other Long-Term Liab.
=19.649+(0+0.368
+NonCurrentDeferredLiabilities+PensionAndRetirementBenefit+Minority Interest)
+0.087+0+9.246)
=29.35

Total Liabilities=Total Assets (Q: Jun. 2016 )-Total Shareholder’s Equity (Q: Jun. 2016 )
=43.549-14.199
=29.35

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.


Related Terms

Total Assets, Total Shareholder’s Equity, Total Current Liabilities, Long-Term Debt, Other Long-Term Liab.


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

China Information Technology Inc Annual Data

Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15Dec16
Total Liabilities 14.8540.7798.29132.33130.93144.74151.89159.9045.4130.58

China Information Technology Inc Quarterly Data

Sep12Dec12Jun13Dec13Jun14Dec14Jun15Dec15Jun16Dec16
Total Liabilities 146.72144.74155.85151.89151.79159.90146.2845.4129.3530.58
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)

GF Chat

FEEDBACK