GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Xingda International Holdings Ltd (HKSE:01899) » Definitions » Total Current Liabilities

Xingda International Holdings (HKSE:01899) Total Current Liabilities : HK$12,653 Mil (As of Dec. 2023)


View and export this data going back to 2006. Start your Free Trial

What is Xingda International 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. Xingda International Holdings's total current liabilities for the quarter that ended in Dec. 2023 was HK$12,653


Xingda International Holdings Total Current Liabilities Historical Data

The historical data trend for Xingda International 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.

Xingda International Holdings Total Current Liabilities Chart

Xingda International 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 6,353.91 8,442.41 13,658.55 12,980.88 12,653.04

Xingda International 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 13,658.55 13,640.92 12,980.88 13,660.85 12,653.04

Xingda International 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.

Xingda International 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
=5225.296+6694.556
+Other Current Liabilities+Current Deferred Liabilities
=733.191+0
=12,653

Xingda International 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
=5225.296+6694.556
+Other Current Liabilities+Current Deferred Liabilities
=733.191+0
=12,653

* 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


Xingda International Holdings Total Current Liabilities Related Terms

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


Xingda International Holdings (HKSE:01899) Business Description

Traded in Other Exchanges
Address
Yunling Road (East), Lane 599, 6th Floor, No. 20, Putuo District, Shanghai, CHN, 200062
Xingda International Holdings Ltd is an investment holding company engaged in manufacturing and trading Radial tire cords, Bead wires, and other wires. Its products cover Rubber reinforcement materials and Precision sawing wires, such as Steel cord, Tyre bead wires, and High-pressure hose wire. The company derives key revenue from the sale of Radial tire cords for trucks. The majority of its revenue is earned in the PRC.
Executives
Liu Jinlan 2501 Other
Zhao Yue 2201 Interest of corporation controlled by you
Super Auspicious Inc. 2101 Beneficial owner
Always Blooming Holdings Limited 2201 Interest of corporation controlled by you
Wise Creative Limited 2101 Beneficial owner
Widen Success Holdings Limited 2501 Other
Liu Tao 2501 Other
In-plus Limited 2501 Other
Great Trade Limited 2501 Other
Hang Youming 2501 Other
Liu Xiang 2501 Other
Pandanus Associates Inc. 2201 Interest of corporation controlled by you
Pandanus Partners L.p. 2201 Interest of corporation controlled by you
Fil Limited 2201 Interest of corporation controlled by you
Qing Dao Jian Xin Tou Zi You Xian Gong Si 2201 Interest of corporation controlled by you

Xingda International Holdings (HKSE:01899) Headlines

No Headlines