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World-Link Logistics (Asia) Holding (HKSE:06083) Total Current Liabilities : HK$180.2 Mil (As of Dec. 2023)


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What is World-Link Logistics (Asia) Holding Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. World-Link Logistics (Asia) Holding's total current liabilities for the quarter that ended in Dec. 2023 was HK$180.2


World-Link Logistics (Asia) Holding Total Current Liabilities Historical Data

The historical data trend for World-Link Logistics (Asia) Holding'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.

World-Link Logistics (Asia) Holding Total Current Liabilities Chart

World-Link Logistics (Asia) Holding Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Current Liabilities
Get a 7-Day Free Trial Premium Member Only Premium Member Only 67.43 60.97 66.44 82.77 180.22

World-Link Logistics (Asia) Holding Semi-Annual Data
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 66.44 74.86 82.77 75.42 180.22

World-Link Logistics (Asia) Holding Total Current Liabilities Calculation

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

World-Link Logistics (Asia) Holding'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
=145.362+25.458
+Other Current Liabilities+Current Deferred Liabilities
=9.4+0
=180.2

World-Link Logistics (Asia) Holding'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
=145.362+25.458
+Other Current Liabilities+Current Deferred Liabilities
=9.4+0
=180.2

* 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


World-Link Logistics (Asia) Holding Total Current Liabilities Related Terms

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World-Link Logistics (Asia) Holding (HKSE:06083) Business Description

Traded in Other Exchanges
N/A
Address
150-164 Texaco Road, 3rd Floor, Allied Cargo Centre, Tsuen Wan, Hong Kong, HKG
World-Link Logistics (Asia) Holding Ltd is an investment holding company. Through its subsidiaries, the company is principally engaged in providing logistics services, packing services and distribution business. The organization offers total supply chain services, warehousing, transportation, data management, and customization services such as repacking and labeling services, and value-added services. The operating segments of the group are Logistics solutions business, Customizations services, and Distribution business. It generates maximum revenue from the logistics solutions business. All the business operations of the company are located in Hong Kong and Macau.

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