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Hong Kong Resources Holdings Co (HKSE:02882) Total Current Liabilities : HK$2,124.9 Mil (As of Dec. 2023)


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What is Hong Kong Resources Holdings 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. Hong Kong Resources Holdings Co's total current liabilities for the quarter that ended in Dec. 2023 was HK$2,124.9

Hong Kong Resources Holdings Co Total Current Liabilities Historical Data

The historical data trend for Hong Kong Resources Holdings 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.

* Premium members only.

Hong Kong Resources Holdings Co Total Current Liabilities Chart

Hong Kong Resources Holdings Co Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Total Current Liabilities
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,195.61 1,774.72 1,732.67 1,736.51 2,006.90

Hong Kong Resources Holdings Co 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 1,698.92 1,736.51 1,867.57 2,006.90 2,124.87

Hong Kong Resources Holdings 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.

Hong Kong Resources Holdings Co's Total Current Liabilities for the fiscal year that ended in Jun. 2023 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=156.368+1816.412
+Other Current Liabilities+Current Deferred Liabilities
=34.118+0
=2,006.9

Hong Kong Resources Holdings 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
=210.051+1853.956
+Other Current Liabilities+Current Deferred Liabilities
=60.859+0
=2,124.9

* 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

Hong Kong Resources Holdings Co Total Current Liabilities Related Terms

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Hong Kong Resources Holdings Co (HKSE:02882) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Hong Kong Resources Holdings Co Ltd (HKSE:02882) » Definitions » Total Current Liabilities
Comparable Companies
HKSE:00125 HKSE:00442 HKSE:00513 HKSE:00417 HKSE:00084 HKSE:00444 HKSE:01150 HKSE:03326 HKSE:00986 HKSE:08219 XPAR:MC XPAR:RMS XPAR:CDI XSWX:CFR XPAR:KER NSE:TITAN HKSE:01913 OCSE:PNDORA HKSE:01929 XSWX:UHR
Traded in Other Exchanges
HKRHF:USA
Address
No.89 Queensway, Tower One, Room 2306, 23/F, Lippo Centre, Hong Kong, HKG
Website
http://www.hkrh.hk
Hong Kong Resources Holdings Co Ltd is principally engaged in retailing, through self-operated points of sale as well as franchising of gold and jewellery products. The business operates in segments that include Retail sales and franchising operations for selling gold and jewellery products in Mainland China, which generates the majority of revenue, Retail sales operations for selling gold and jewellery products in Hong Kong and Macau and Wholesales and subcontracting operations for gold and jewellery products in Mainland China and New media marketing service business in Mainland China.
Executives
Cheung Irene 2202 Interest of your spouse
Wong Ho Lung, Danny 2305 Beneficiary of a trust
Wong Lan Sze, Nancy 2305 Beneficiary of a trust
Luk Chui Yee 2307 Founder of a discretionary trust who can infl
Wong Wai Sheung 2307 Founder of a discretionary trust who can infl
Luk Fook 3d Investment Holding Company Limited 2101 Beneficial owner
Luk Fook Holdings (international) Limited 2201 Interest of corporation controlled by you
Bos Trustee Limited As Trustee 2201 Interest of corporation controlled by you
Lf Holding Services Limited 2201 Interest of corporation controlled by you
Luk Fook (control) Limited 2201 Interest of corporation controlled by you
Hao Yuan Yuan 2201 Interest of corporation controlled by you
Well Pop Group Limited 2101 Beneficial owner
Wang Chaoguang 2201 Interest of corporation controlled by you
Li Ning 2201 Interest of corporation controlled by you
Eminent Rise Holdings Limited 2101 Beneficial owner

Hong Kong Resources Holdings Co (HKSE:02882) Headlines

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