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SOCAM Development (HKSE:00983) Total Current Liabilities : HK$4,675 Mil (As of Dec. 2023)


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What is SOCAM 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. SOCAM Development's total current liabilities for the quarter that ended in Dec. 2023 was HK$4,675

SOCAM Development Total Current Liabilities Historical Data

The historical data trend for SOCAM 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.

* Premium members only.

SOCAM Development Total Current Liabilities Chart

SOCAM Development 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 5,457.00 4,018.00 4,784.00 4,350.00 4,675.00

SOCAM Development Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 3,527.00 4,350.00 4,475.00 4,675.00 -

SOCAM 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.

SOCAM Development'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
=1469+1646
+Other Current Liabilities+Current Deferred Liabilities
=1560+0
=4,675

SOCAM Development'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
=1469+1646
+Other Current Liabilities+Current Deferred Liabilities
=1560+0
=4,675

* 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

SOCAM Development Total Current Liabilities Related Terms

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SOCAM Development Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » SOCAM Development Ltd (HKSE:00983) » Definitions » Total Current Liabilities
Comparable Companies
HKSE:01172 HKSE:01396 HKSE:00910 HKSE:00075 HKSE:00755 HKSE:01218 HKSE:06968 HKSE:01996 HKSE:03366 HKSE:09968 HKSE:00016 BOM:532868 DFM:EMAAR TSE:1925 HKSE:01109 PHS:HVN HKSE:00688 ADX:ALDAR HKSE:01113 BOM:543287
Traded in Other Exchanges
N/A
Address
6-8 Harbour Road, 34th Floor, Shui On Centre, Hong Kong, HKG
Website
https://www.socam.com
SOCAM Development Ltd is an investment holding company. The company along with its subsidiaries is principally engaged in property segment which includes Property development and construction and maintenance segment includes contracting ,renovation and fitting out, smart facilities management and Other businesses segment includes venture capital investment and others. The group's majority of the revenue comes from Construction and maintenance segment in which Hongkong is the major contributor when it comes to revenue.
Executives
Lo Hong Sui 2307 Founder of a discretionary trust who can infl
Lo Bo Yue, Stephanie 2501 Other
Bosrich Holdings (ptc) Inc. 2301 Trustee
Hsbc International Trustee Limited 2301 Trustee
Shui On Company Limited 2101 Beneficial owner
Chu Loletta 2202 Interest of your spouse
Right Ying Holdings Limited 2201 Interest of corporation controlled by you
Tmf (cayman) Ltd. 2301 Trustee
Sun Yinhuan 2307 Founder of a discretionary trust who can infl

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