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LFG Investment Holdings (HKSE:03938) Total Current Liabilities : HK$112.59 Mil (As of Sep. 2023)


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What is LFG Investment 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. LFG Investment Holdings's total current liabilities for the quarter that ended in Sep. 2023 was HK$112.59

LFG Investment Holdings Total Current Liabilities Historical Data

The historical data trend for LFG Investment 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.

LFG Investment Holdings Total Current Liabilities Chart

LFG Investment Holdings Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Total Current Liabilities
Get a 7-Day Free Trial 47.90 170.66 164.47 138.01 113.21

LFG Investment Holdings Semi-Annual Data
Mar17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
Total Current Liabilities Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 180.83 138.01 179.91 113.21 112.59

LFG Investment 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.

LFG Investment Holdings's Total Current Liabilities for the fiscal year that ended in Mar. 2023 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=57.494+31.066
+Other Current Liabilities+Current Deferred Liabilities
=24.649+0
=113.21

LFG Investment Holdings's Total Current Liabilities for the quarter that ended in Sep. 2023 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=55.029+28.616
+Other Current Liabilities+Current Deferred Liabilities
=28.944+0
=112.59

* 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

LFG Investment Holdings Total Current Liabilities Related Terms

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LFG Investment Holdings (HKSE:03938) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » LFG Investment Holdings Ltd (HKSE:03938) » Definitions » Total Current Liabilities
Comparable Companies
HKSE:08226 HKSE:02324 HKSE:00812 HKSE:00804 HKSE:08333 HKSE:08123 HKSE:08365 HKSE:01225 HKSE:08072 HKSE:08210 MS GS SCHW SHSE:600030 ASX:MQG BSP:BPAC3 SHSE:601066 RJF TW HKSE:03908
Traded in Other Exchanges
N/A
Address
29 Queen’s Road Central, Room 1601, 16th Floor China Building, Hong Kong, HKG
Website
https://www.legogroup.hk/en/index.php
LFG Investment Holdings Ltd is a financial services provider in Hong Kong, that engages in the provision of corporate finance advisory services; underwriting services; securities dealing and brokerage services; securities financing services; and asset management services. The company generates maximum revenue from Corporate finance advisory services.
Executives
Mui Ho Cheung Gary 2101 Beneficial owner
Ki Sin Yee Cindy
Lego Financial Group Limited 2101 Beneficial owner
Wong Wing Shing 2101 Beneficial owner

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