GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Diwang Industrial Holdings Ltd (HKSE:01950) » Definitions » Total Current Liabilities

Diwang Industrial Holdings (HKSE:01950) Total Current Liabilities : HK$132.4 Mil (As of Jun. 2024)


View and export this data going back to 2020. Start your Free Trial

What is Diwang Industrial 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. Diwang Industrial Holdings's total current liabilities for the quarter that ended in Jun. 2024 was HK$132.4

Diwang Industrial Holdings Total Current Liabilities Historical Data

The historical data trend for Diwang Industrial 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.

Diwang Industrial Holdings Total Current Liabilities Chart

Diwang Industrial Holdings Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Current Liabilities
Get a 7-Day Free Trial 67.37 30.79 52.71 106.74 104.55

Diwang Industrial Holdings Semi-Annual Data
Dec16 Dec17 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 78.80 106.74 117.37 104.55 132.44

Diwang Industrial 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.

Diwang Industrial 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
=62.52+27.344
+Other Current Liabilities+Current Deferred Liabilities
=14.682+0
=104.5

Diwang Industrial Holdings's Total Current Liabilities for the quarter that ended in Jun. 2024 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=68.693+48.444
+Other Current Liabilities+Current Deferred Liabilities
=15.302+0
=132.4

* 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

Diwang Industrial Holdings Total Current Liabilities Related Terms

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

Diwang Industrial Holdings Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Diwang Industrial Holdings Ltd (HKSE:01950) » Definitions » Total Current Liabilities
Comparable Companies
HKSE:01561 HKSE:01047 HKSE:02116 HKSE:01002 HKSE:01000 HKSE:01932 HKSE:00377 HKSE:00954 HKSE:00640 HKSE:00701 LIN XPAR:AI APD SHW ECL SHSE:600309 XSWX:SIKA BOM:500820 DD XSWX:GIVN
Traded in Other Exchanges
N/A
Address
No.2, Jiangshan Road, Meicheng Town, Jiande County, Zhejiang Province, Hangzhou, CHN
Website
http://www.slkj.cn
Diwang Industrial Holdings Ltd, formerly Sunlight Technology Holdings Ltd, is an investment holding company mainly engaged in the faux leather chemicals business. The Company's business includes research and development, manufacturing and sale of coating agents and synthetic resins. The Company provides a wide range of faux leather chemical products, including colorants, namely, color paste and color chips, finishes, additives, and synthetic resins, for the manufacturing of polyurethane (PU) leather and polyvinyl chloride (PVC) leather. The Company distributes its products within the domestic market and to overseas markets.
Executives
Zheng Xiuyue 2101 Beneficial owner
Wong Waiyip
Cai Jianming 2201 Interest of corporation controlled by you
Chen Hua 2201 Interest of corporation controlled by you
Chen Yong 2201 Interest of corporation controlled by you
He Zhangcai 2201 Interest of corporation controlled by you
Li Xiangyu 2201 Interest of corporation controlled by you
Lilian Global Investment Limited 2101 Beneficial owner
Liu Jing 2201 Interest of corporation controlled by you
Sunlight Global Investment Limited 2101 Beneficial owner
Zhao Xuesheng 2201 Interest of corporation controlled by you
Zhu Jianqin 2201 Interest of corporation controlled by you

Diwang Industrial Holdings Headlines

No Headlines