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Sino Golf Holdings (HKSE:00361) Total Current Liabilities : HK$99.2 Mil (As of Dec. 2023)


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What is Sino Golf Holdings Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. Sino Golf Holdings's total current liabilities for the quarter that ended in Dec. 2023 was HK$99.2


Sino Golf Holdings Total Current Liabilities Historical Data

The historical data trend for Sino Golf Holdings'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.

Sino Golf Holdings Total Current Liabilities Chart

Sino Golf Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Current Liabilities
Get a 7-Day Free Trial Premium Member Only Premium Member Only 197.66 221.72 231.43 179.74 99.20

Sino Golf Holdings Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 231.43 240.70 179.74 147.59 99.20

Sino Golf Holdings Total Current Liabilities Calculation

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

Sino Golf Holdings's Total Current Liabilities for the fiscal year that ended in Dec. 2023 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=21.84+58.345
+Other Current Liabilities+Current Deferred Liabilities
=19.013+0
=99.2

Sino Golf Holdings's Total Current Liabilities for the quarter that ended in Dec. 2023 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=21.84+58.345
+Other Current Liabilities+Current Deferred Liabilities
=19.013+0
=99.2

* 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


Sino Golf Holdings Total Current Liabilities Related Terms

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Sino Golf Holdings (HKSE:00361) Business Description

Traded in Other Exchanges
N/A
Address
11 Hoi Shing Road, Room 4501, One Midtown, Tsuen Wan, Hong Kong, HKG
Sino Golf Holdings Ltd is an investment holding company. The principal activities of the group are manufacturing and trading golf equipment, golf bags, and accessories and the development of integrated resorts in the Commonwealth of the Northern Mariana Islands. The company's operating segments are Golf equipment which is involved in the Manufacture and sales of golf equipment and related components and parts; Golf bags which is involved in the manufacture and sales of golf bags, other accessories, and related components and parts; and Hospitality is involved in the development of the integrated resort in the CNMI. Geographically, the group has a business presence in North America, Japan, Europe, Asia, and Other countries.
Executives
So Kit Yee Anita 2501 Other
Lau Wun Man 2501 Other
Surplus Excel Limited 2101 Beneficial owner
Prominent Victory Limited 2201 Interest of corporation controlled by you
Wealth Sailor Limited 2101 Beneficial owner
Huang Youlong 2201 Interest of corporation controlled by you
Zhao Wei 2202 Interest of your spouse
China Huarong International Holdings Ltd 2201 Interest of corporation controlled by you
Wise Choice Ventures Limited 2106 Person having a security interest in shares
Zhong Guo Hua Rong Zi Chan Guan Li Gu Fen You Xian Gong Si 2201 Interest of corporation controlled by you

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