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Ganglong China Property Group (HKSE:06968) Short-Term Debt & Capital Lease Obligation : HK$3,068 Mil (As of Dec. 2023)


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What is Ganglong China Property Group Short-Term Debt & Capital Lease Obligation?

Short-Term Debt & Capital Lease Obligation is the portion of a company's debt and capital lease obligation that need to be paid within the next 12 months. It equals Short-Term Debt plus Short-Term Capital Lease Obligation. This gives investors an idea of how much money the company needs to pay down for the principle of its debt. Ganglong China Property Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$3,068 Mil.

Long-Term Debt & Capital Lease Obligation is the debt and capital lease obligation due more than 12 months in the future. Ganglong China Property Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$2,270 Mil.


Ganglong China Property Group Short-Term Debt & Capital Lease Obligation Historical Data

The historical data trend for Ganglong China Property Group's Short-Term Debt & Capital Lease Obligation 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.

Ganglong China Property Group Short-Term Debt & Capital Lease Obligation Chart

Ganglong China Property Group Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Short-Term Debt & Capital Lease Obligation
Get a 7-Day Free Trial 1,282.32 7,187.03 3,397.46 3,072.26 3,067.66

Ganglong China Property Group Semi-Annual Data
Dec17 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Short-Term Debt & Capital Lease Obligation Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3,397.46 1,841.08 3,072.26 3,234.82 3,067.66

Ganglong China Property Group Short-Term Debt & Capital Lease Obligation Calculation

This is the portion of a company's debt and capital lease obligation that need to be paid within the next 12 months. It equals Short-Term Debt plus Short-Term Capital Lease Obligation. This gives investors an idea of how much money the company needs to pay down for the principle of its debt.

In the notes to balance sheet in annual (10-K) or quarterly (10-Q) reports, companies usually break down the details of the debt, their due dates, the interest rates etc.


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


Ganglong China Property Group Short-Term Debt & Capital Lease Obligation Related Terms

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Ganglong China Property Group (HKSE:06968) Business Description

Industry
Traded in Other Exchanges
Address
No. 2177 Shenkun Road, No. 11 Building, Hongqiao International Exhibition Center, PortMix South District, Miuhang District, Shanghai, CHN
Ganglong China Property Group Ltd is an investment holding company engaged in property development. It develops residential, retail, and commercial properties. The majority of its revenue comes from sales of properties in Changzhou city.
Executives
Huaxing Development Co., Ltd.
Hualian Development Co., Ltd.
Hualong Development Co., Ltd.
Chan Mei Kam
Lui Ming
Lui Wing Nam
Wong Sau Suet
Lui Chi Chung Jimmy
Lui Wing Mau
Wong Kwai Fa
Lui Jin Ling

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