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K Cash (HKSE:02483) Total Current Liabilities : HK$150.9 Mil (As of Dec. 2024)


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What is K Cash Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. K Cash's total current liabilities for the quarter that ended in Dec. 2024 was HK$150.9

K Cash Total Current Liabilities Historical Data

The historical data trend for K Cash'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.

K Cash Total Current Liabilities Chart

K Cash Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24
Total Current Liabilities
670.05 632.28 354.41 327.52 150.90

K Cash Semi-Annual Data
Dec20 Dec21 Dec22 Jun23 Dec23 Jun24 Dec24
Total Current Liabilities Get a 7-Day Free Trial 354.41 - 327.52 312.07 150.90

K Cash Total Current Liabilities Calculation

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

K Cash's Total Current Liabilities for the fiscal year that ended in Dec. 2024 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=6.18+141.805
+Other Current Liabilities+Current Deferred Liabilities
=2.911+0
=150.9

K Cash's Total Current Liabilities for the quarter that ended in Dec. 2024 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=6.18+141.805
+Other Current Liabilities+Current Deferred Liabilities
=2.911+0
=150.9

* 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

K Cash Total Current Liabilities Related Terms

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K Cash Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » K Cash Corp Ltd (HKSE:02483) » Definitions » Total Current Liabilities
Comparable Companies
HKSE:03903 HKSE:01577 HKSE:01601 HKSE:00730 HKSE:00717 HKSE:01543 HKSE:02051 HKSE:06866 HKSE:00508 HKSE:01669 V MA AXP COF PYPL BOM:500034 FRA:DC7 DFS SYF BOM:543257
Traded in Other Exchanges
N/A
Address
20 Pedder Street, 17th Floor, Wheelock House, MTR Central Station Exit D1, Central, Hong Kong, HKG
Website
https://www.kcash.hk
K Cash Corp Ltd is a moneylender that provides secured and unsecured loan financing to individuals and corporations in Hong Kong. It offers SME loans, unsecured property owner loans, unsecured personal loans, and credit card advances. The majority of its revenue is generated in the form of interest income from unsecured property owner loans.
Executives
East Asia International Trustees Limited 2301 Trustee
Konew Fintech Corporation Limited 2101 Beneficial owner
Konew Group Limited 2201 Interest of corporation controlled by you
Lee Edwin Kan Hing 2201 Interest of corporation controlled by you
Lee Kun Tai Steven 2201 Interest of corporation controlled by you
Lee Pik Tsong 2201 Interest of corporation controlled by you
Lee Sheung Shing 2201 Interest of corporation controlled by you
Sw Lee Limited 2201 Interest of corporation controlled by you
World Wealth Investment Development Limited 2201 Interest of corporation controlled by you

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