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Ruisen Life Service Co (HKSE:01922) Total Current Liabilities : HK$1,005 Mil (As of Dec. 2023)


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What is Ruisen Life Service 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. Ruisen Life Service Co's total current liabilities for the quarter that ended in Dec. 2023 was HK$1,005


Ruisen Life Service Co Total Current Liabilities Historical Data

The historical data trend for Ruisen Life Service 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.

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Ruisen Life Service Co Total Current Liabilities Chart

Ruisen Life Service Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Current Liabilities
Get a 7-Day Free Trial 633.02 902.14 1,024.91 955.12 1,004.61

Ruisen Life Service Co Semi-Annual Data
Dec16 Dec17 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 1,024.91 878.25 955.12 883.46 1,004.61

Ruisen Life Service 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.

Ruisen Life Service Co'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
=485.515+90.091
+Other Current Liabilities+Current Deferred Liabilities
=429+0
=1,005

Ruisen Life Service Co'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
=485.515+90.091
+Other Current Liabilities+Current Deferred Liabilities
=429+0
=1,005

* 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


Ruisen Life Service Co Total Current Liabilities Related Terms

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Ruisen Life Service Co Business Description

Traded in Other Exchanges
N/A
Address
289 Jiangdong Avenue North, 5th Floor, Block A Yincheng Plaza, Jiangsu Province, Nanjing, CHN
Yincheng Life Service Co Ltd is a property management service provider. It provides diversified property management services and value-added services for living communities. The business covers a wide range of properties, including residential and non-residential properties such as government facilities, financial institutions, property sales offices, hospitals, commercial complex, parks, highway service areas.
Executives
First Beijing Investment Limited 2102 Investment manager
Silver Huang Holding Limited 2101 Beneficial owner
Huang Qingping 2201 Interest of corporation controlled by you
Hongkong Ruihua Investment Management Limited 2101 Beneficial owner
Zhang Jianbin 2201 Interest of corporation controlled by you
Jiang Su Rui Hua Tou Zi Kong Gu Ji Tuan You Xian Gong Si 2201 Interest of corporation controlled by you
Silver Zhu Holding Limited 2101 Beneficial owner
Zhu Linnan 2201 Interest of corporation controlled by you

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