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Porter Holding International (Porter Holding International) Total Current Liabilities : $4.03 Mil (As of Mar. 2022)


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What is Porter Holding International Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. Porter Holding International's total current liabilities for the quarter that ended in Mar. 2022 was $4.03


Porter Holding International Total Current Liabilities Historical Data

The historical data trend for Porter Holding International'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.

Porter Holding International Total Current Liabilities Chart

Porter Holding International Annual Data
Trend Feb14 Feb15 Feb16 Feb17 Dec18 Dec19 Dec20 Dec21
Total Current Liabilities
Get a 7-Day Free Trial 0.01 2.19 2.44 3.54 3.76

Porter Holding International Quarterly Data
Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22
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 3.92 3.56 3.86 3.76 4.03

Porter Holding International Total Current Liabilities Calculation

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

Porter Holding International's Total Current Liabilities for the fiscal year that ended in Dec. 2021 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=3.221+0.303
+Other Current Liabilities+Current Deferred Liabilities
=-4.4408920985006E-16+0.24
=3.76

Porter Holding International's Total Current Liabilities for the quarter that ended in Mar. 2022 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=3.397+0.284
+Other Current Liabilities+Current Deferred Liabilities
=0+0.35
=4.03

* 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


Porter Holding International Total Current Liabilities Related Terms

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Porter Holding International (Porter Holding International) Business Description

Traded in Other Exchanges
N/A
Address
No. 2010, Renmin South Road, 36th Floor, Shenzhen Development Center, Luohu District, Guangdong, Shenzhen, CHN, 518001
Porter Holding International Inc is a commercial platform provider that offers O2O (Network and Entity) Services and only focuses on commodities and merchants. It provides commodities and merchants with concrete platforms and operations in terms of online marketing coverage and offline marketing services. The company's operating segment includes Consulting services and Training services and others. It generates maximum revenue from Consulting services segment.

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