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Horizon Construction Development (FRA:B7H) Total Current Liabilities : €1,331 Mil (As of Dec. 2024)


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What is Horizon Construction Development Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. Horizon Construction Development's total current liabilities for the quarter that ended in Dec. 2024 was €1,331

Horizon Construction Development Total Current Liabilities Historical Data

The historical data trend for Horizon Construction Development'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.

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Horizon Construction Development Total Current Liabilities Chart

Horizon Construction Development Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24
Total Current Liabilities
590.04 1,110.22 1,109.09 1,192.01 1,331.33

Horizon Construction Development Semi-Annual Data
Dec20 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
Total Current Liabilities Get a 7-Day Free Trial 1,109.09 1,206.01 1,192.01 1,376.97 1,331.33

Horizon Construction Development Total Current Liabilities Calculation

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

Horizon Construction Development's Total Current Liabilities for the fiscal year that ended in Dec. 2024 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=412.919+887.147
+Other Current Liabilities+Current Deferred Liabilities
=31.262+0
=1,331

Horizon Construction Development's Total Current Liabilities for the quarter that ended in Dec. 2024 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=412.919+887.147
+Other Current Liabilities+Current Deferred Liabilities
=31.262+0
=1,331

* 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

Horizon Construction Development Total Current Liabilities Related Terms

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Horizon Construction Development Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Horizon Construction Development Ltd (FRA:B7H) » Definitions » Total Current Liabilities
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HKSE:01341 HKSE:01848 HKSE:09680 HKSE:02559 HKSE:00254 HKSE:00474 HKSE:01496 HKSE:00936 HKSE:01581 HKSE:08425 URI LSE:AHT AER FTAI UHAL TSX:EFN XPAR:AYV BSP:RENT3 AL R
Traded in Other Exchanges
09930:Hong Kong
Address
200 Xichang Road, No. 5, 6-610, Building 2, Minghai Center, Tianjin Pilot Free Trade Zone, Dongjiang Bonded Port Area, Tianjin, CHN
Website
http://www.hongxinjianfa.com
Horizon Construction Development Ltd is an equipment operation service provider. The Group is committed to providing one-stop comprehensive solutions of products and services for domestic and overseas clients in the construction and industrial sectors. The company has three reportable operating segments, Operating lease services, Engineering and technical services, and Asset management and other services. A majority of its revenue is generated from the Operating lease services segment which is engaged in leasing equipment and materials to customers and generating revenue mainly from rental fees payable by customers.

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