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Mongolia Energy (HKSE:00276) Total Current Liabilities : HK$3,087 Mil (As of Sep. 2023)


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What is Mongolia Energy Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. Mongolia Energy's total current liabilities for the quarter that ended in Sep. 2023 was HK$3,087

Mongolia Energy Total Current Liabilities Historical Data

The historical data trend for Mongolia Energy'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.

Mongolia Energy Total Current Liabilities Chart

Mongolia Energy Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Total Current Liabilities
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5,620.37 2,103.36 2,206.26 2,395.16 2,423.94

Mongolia Energy Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 2,004.48 2,395.16 2,387.72 2,423.94 3,087.12

Mongolia Energy Total Current Liabilities Calculation

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

Mongolia Energy's Total Current Liabilities for the fiscal year that ended in Mar. 2023 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=1049.312+1305.073
+Other Current Liabilities+Current Deferred Liabilities
=69.558+0
=2,424

Mongolia Energy's Total Current Liabilities for the quarter that ended in Sep. 2023 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=1835.847+1233.024
+Other Current Liabilities+Current Deferred Liabilities
=18.252+0
=3,087

* 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

Mongolia Energy Total Current Liabilities Related Terms

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Mongolia Energy (HKSE:00276) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Mongolia Energy Corp Ltd (HKSE:00276) » Definitions » Total Current Liabilities
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HKSE:00061 HKSE:06885 AMR HCC SZSE:000723 ARCH MIC:RASP HKSE:00639 ASX:SMR SHSE:600997 SHSE:600740 ASX:CRN HKSE:00975 WAR:JSW SXC METC SHSE:601011 SHSE:600792 SZSE:000655 TSXV:CAD
Traded in Other Exchanges
MOAEF:USA NWW:Germany
Address
118 Connaught Road West, 17th Floor, Hong Kong, HKG
Website
http://www.mongolia-energy.com
Mongolia Energy Corp Ltd is an investment holding company. The company's principal business is coal mining and exploration which is operated by its indirect wholly-owned subsidiary in Mongolia. Its principal project is the Khushuut Coking Coal Project in Western Mongolia, it also has interest in the Gobi Altay and Olon Bulag project. The Khushuut Coal Mine is located approximately 1,350 km west of Ulaanbaatar in the Khovd Province of Western Mongolia. It is about 311 km from the Xinjiang Takeshiken border, connecting the Khushuut Road. The group is principally engaged in mining, processing and sale of coal in the PRC and Mongolia. Mongolia Energy derives all of its revenue from Coal mining. Geographically company derives a majority of its revenue from PRC.
Executives
Ku Ming Mei Rouisa 2202 Interest of your spouse
Lo Lin Shing, Simon 2101 Beneficial owner
Cheng Yu Tung Family (holdings Ii) Limited 2101 Beneficial owner
Cheng Yu Tung Family (holdings) Limited 2101 Beneficial owner
Chow Tai Fook (holding) Limited 2101 Beneficial owner
Chow Tai Fook Capital Limited 2101 Beneficial owner
Chow Tai Fook Nominee Limited 2101 Beneficial owner
Golden Infinity Co., Ltd. 2101 Beneficial owner

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