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Leader Education (HKSE:01449) Total Current Liabilities : HK$791.7 Mil (As of Feb. 2024)


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What is Leader Education Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. Leader Education's total current liabilities for the quarter that ended in Feb. 2024 was HK$791.7

Leader Education Total Current Liabilities Historical Data

The historical data trend for Leader Education'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.

Leader Education Total Current Liabilities Chart

Leader Education Annual Data
Trend Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Total Current Liabilities
Get a 7-Day Free Trial 383.83 297.21 539.30 602.54 774.81

Leader Education Semi-Annual Data
Aug17 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24
Total Current Liabilities Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 499.14 602.54 508.01 774.81 791.73

Leader Education Total Current Liabilities Calculation

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

Leader Education's Total Current Liabilities for the fiscal year that ended in Aug. 2023 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=70.117+389.066
+Other Current Liabilities+Current Deferred Liabilities
=315.631+0
=774.8

Leader Education's Total Current Liabilities for the quarter that ended in Feb. 2024 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=97.959+554.114
+Other Current Liabilities+Current Deferred Liabilities
=139.654+0
=791.7

* 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

Leader Education Total Current Liabilities Related Terms

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Leader Education (HKSE:01449) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Leader Education Ltd (HKSE:01449) » Definitions » Total Current Liabilities
Comparable Companies
HKSE:06068 HKSE:02371 HKSE:01598 HKSE:01775 HKSE:01565 HKSE:01752 HKSE:01871 HKSE:01758 HKSE:08363 HKSE:08206 AIU EDU TAL HKSE:01797 ASX:IEL LOPE SZSE:002607 GHC COUR LRN
Traded in Other Exchanges
N/A
Address
Qunying Jie No. 33, Xueyuan Road, Limin Development Zone, Heilongjiang Province, Harbin, CHN, 150025
Website
https://www.hibu.edu.cn
Leader Education Ltd is engaged in providing private higher education services in the People's Republic of China. The school is a degree-granting private formal university-level education institution that offers around 26 undergraduate majors in a wide range of subject areas, including engineering, management, economics, literature, and arts.
Executives
Huatai Securities Co., Ltd. 2201 Interest of corporation controlled by you
Shuren Education Limited 2101 Beneficial owner
Dong Ling 2201 Interest of corporation controlled by you
Liu Laixiang 2202 Interest of your spouse
Junhua Education Limited 2101 Beneficial owner

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