GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Changmao Biochemical Engineering Co Ltd (HKSE:00954) » Definitions » Total Current Liabilities

Changmao Biochemical Engineering Co (HKSE:00954) Total Current Liabilities : HK$645.5 Mil (As of Dec. 2024)


View and export this data going back to 2002. Start your Free Trial

What is Changmao Biochemical Engineering Co Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. Changmao Biochemical Engineering Co's total current liabilities for the quarter that ended in Dec. 2024 was HK$645.5

Changmao Biochemical Engineering Co Total Current Liabilities Historical Data

The historical data trend for Changmao Biochemical Engineering Co'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.

Changmao Biochemical Engineering Co Total Current Liabilities Chart

Changmao Biochemical Engineering Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Total Current Liabilities
Get a 7-Day Free Trial Premium Member Only Premium Member Only 232.74 314.34 306.00 355.74 645.46

Changmao Biochemical Engineering Co Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 306.00 420.80 355.74 395.60 645.46

Changmao Biochemical Engineering Co Total Current Liabilities Calculation

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

Changmao Biochemical Engineering Co'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
=76.618+550.294
+Other Current Liabilities+Current Deferred Liabilities
=18.55+0
=645.5

Changmao Biochemical Engineering Co'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
=76.618+550.294
+Other Current Liabilities+Current Deferred Liabilities
=18.55+0
=645.5

* 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

Changmao Biochemical Engineering Co Total Current Liabilities Related Terms

Thank you for viewing the detailed overview of Changmao Biochemical Engineering Co's Total Current Liabilities provided by GuruFocus.com. Please click on the following links to see related term pages.

Changmao Biochemical Engineering Co Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Changmao Biochemical Engineering Co Ltd (HKSE:00954) » Definitions » Total Current Liabilities
Comparable Companies
HKSE:01002 HKSE:01047 HKSE:01000 HKSE:01932 HKSE:02116 HKSE:01561 HKSE:00377 HKSE:01950 HKSE:02439 HKSE:02502 LIN XPAR:AI SHW ECL APD XSWX:GIVN ISX:TPIA XSWX:SIKA OCSE:NSIS B XAMS:DSFIR
Traded in Other Exchanges
N/A
Address
No. 1228 Chang Jiang Bei Road, New North Zone, Jiangsu Province, Changzhou City, CHN, 213034
Website
http://www.cmbec.com.hk
Changmao Biochemical Engineering Co Ltd is an organic acid producer in the PRC. It produces organic acids products for sale to the food additive, chemical, and pharmaceutical industries. Its products are organic acids and their derivatives with four carbons in their structures including fumaric acid, maleic acid, L-malic acid, D-malic acid, DL-malic acid, L(+)-tartaric acid, D(-)-tartaric acid, DL-tartaric acid, L-aspartic acid, and aspartame. These products are used as food additives or medical intermediaries. Its products are produced along vertical production chains. Its geographic locations include Mainland China, Europe includes Great Britain, Germany, Turkey, Spain, and Italy, Asia Pacific includes Hong Kong, Indonesia, Australia, India, Thailand and Japan, America, and Others.
Executives
Leng Yixin 2202 Interest of your spouse
Rui Xinsheng 2101 Beneficial owner

Changmao Biochemical Engineering Co Headlines

No Headlines