CVTV (China VTV) Total Current Liabilities: $48.21 Mil (As of Aug. 2020)


What is China VTV Total Current Liabilities?

China VTV CVTV Total Current Liabilities is $48.21 Mil as of Aug. 2020.

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. China VTV's total current liabilities for the quarter that ended in Aug. 2020 was $48.21

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

China VTV Total Current Liabilities Related Terms

China VTV Total Current Liabilities Historical Data

* Premium members only.

The historical data trend for China VTV'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.

China VTV Total Current Liabilities Chart

China VTV Annual Data
Trend Feb15 Feb16 Feb17 Feb18 Feb19 Feb20
Total Current Liabilities
Get a 7-Day Free Trial 0.02 0.05 0.45 0.48 51.17

China VTV Quarterly Data
Nov15 Feb16 May16 Aug16 Nov16 Feb17 May17 Aug17 Nov17 Feb18 May18 Aug18 Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20
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 0.93 1.05 51.17 49.12 48.21

China VTV Total Current Liabilities Calculation

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

China VTV's Total Current Liabilities for the fiscal year that ended in Feb. 2020 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=9.385+2.303
+Other Current Liabilities+Current Deferred Liabilities
=36.931+2.547
=51.17

China VTV's Total Current Liabilities for the quarter that ended in Aug. 2020 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=3.56+1.151
+Other Current Liabilities+Current Deferred Liabilities
=36.932+6.571
=48.21

* 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.

What does a Total Current Liabilities of $48.21 Mil mean?
China VTV (CVTV) has a Total Current Liabilities of $48.21 Mil as of Aug. 2020. The total amount of liabilities with maturity less than one year as recorded on a company's balance sheet. View historical data for China VTV and its competitors.
Is China VTV's Total Current Liabilities too high?
China VTV's current Total Current Liabilities is $48.21 Mil.
How does China VTV's Total Current Liabilities compare to REBL and CSSE?
China VTV's Total Current Liabilities of $48.21 Mil can be compared against companies in the Interactive Media industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Current Liabilities for an Interactive Media company?
A good Total Current Liabilities depends on the Interactive Media industry context. However, Total Current Liabilities should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Total Current Liabilities mean?
A high Total Current Liabilities can signal that a stock is expensive relative to its fundamentals. The total amount of liabilities with maturity less than one year as recorded on a company's balance sheet. View historical data for China VTV and its competitors. China VTV's current Total Current Liabilities is $48.21 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China VTV stock overvalued right now?
China VTV (CVTV) has a current Total Current Liabilities of $48.21 Mil. The current Total Current Liabilities is $48.21 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Current Liabilities calculated?
Total Current Liabilities is calculated from a company's financial statements. For China VTV (CVTV), the current Total Current Liabilities is $48.21 Mil as of Aug. 2020. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

China VTV Business Description

Address 315-321 Lockhart Road, 23 Floor, Flat C, Wan Chai, Hong Kong, HKG, 999077
China VTV Ltd is an early stage internet-based online entertainment media company that focuses on audience interaction, entertainment, and business opportunities. It has established a Blockchain cloud-based platform that distributes news, videos, television shows, travel programs, and other entertainment programs via the internet to the end devices, such as computers, smart TVs, smartphones, and tablets. The company generates revenue from the sales of copyrights, original stories, and finished products, licensing literal copyrights, and advertising services.