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China Graphite Group (HKSE:02237) Total Current Liabilities : HK$128.9 Mil (As of Dec. 2023)


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What is China Graphite Group Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. China Graphite Group's total current liabilities for the quarter that ended in Dec. 2023 was HK$128.9

China Graphite Group Total Current Liabilities Historical Data

The historical data trend for China Graphite Group'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.

China Graphite Group Total Current Liabilities Chart

China Graphite Group Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Total Current Liabilities
142.36 184.41 156.03 85.18 128.95

China Graphite Group Semi-Annual Data
Dec19 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Total Current Liabilities Get a 7-Day Free Trial 156.03 160.21 85.18 50.39 128.95

China Graphite Group Total Current Liabilities Calculation

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

China Graphite Group'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
=47.712+73.214
+Other Current Liabilities+Current Deferred Liabilities
=8.02+0
=128.9

China Graphite Group'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
=47.712+73.214
+Other Current Liabilities+Current Deferred Liabilities
=8.02+0
=128.9

* 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

China Graphite Group Total Current Liabilities Related Terms

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China Graphite Group (HKSE:02237) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » China Graphite Group Ltd (HKSE:02237) » Definitions » Total Current Liabilities
Comparable Companies
HKSE:00769 HKSE:01029 HKSE:00166 HKSE:08095 HKSE:06128 HKSE:03833 HKSE:02326 HKSE:02623 HKSE:00637 HKSE:08028 ASX:BHP ASX:RIO LSE:RIO LSE:GLEN BSP:VALE3 ASX:FMG SAU:1211 LSE:AAL GMEXICOB MIC:GMKN
Traded in Other Exchanges
N/A
Address
Yanjun Farm, No. 1, Building 1, Graphite Development Zone, Luobei County, Heilongjiang Province, Hegang, CHN
Website
https://www.chinagraphite.com.hk
China Graphite Group Ltd is engaged in the production and sales of flake graphite concentrate and Sale of spherical graphite and its by-products, and unprocessed marble in China. All of the Group's activities are carried out in the People's Republic of China.
Executives
Sandy Mining Limited 2101 Beneficial owner
Zhao Liang 2201 Interest of corporation controlled by you

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