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Freetech Road Recycling Technology (Holdings) (HKSE:06888) Total Current Liabilities : HK$454.9 Mil (As of Dec. 2023)


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What is Freetech Road Recycling Technology (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. Freetech Road Recycling Technology (Holdings)'s total current liabilities for the quarter that ended in Dec. 2023 was HK$454.9


Freetech Road Recycling Technology (Holdings) Total Current Liabilities Historical Data

The historical data trend for Freetech Road Recycling Technology (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.

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Freetech Road Recycling Technology (Holdings) Total Current Liabilities Chart

Freetech Road Recycling Technology (Holdings) 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 468.42 499.95 448.60 499.25 454.92

Freetech Road Recycling Technology (Holdings) 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 448.60 466.68 499.25 355.39 454.92

Freetech Road Recycling Technology (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.

Freetech Road Recycling Technology (Holdings)'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
=353.802+100.732
+Other Current Liabilities+Current Deferred Liabilities
=0.38200000000001+0
=454.9

Freetech Road Recycling Technology (Holdings)'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
=353.802+100.732
+Other Current Liabilities+Current Deferred Liabilities
=0.38200000000001+0
=454.9

* 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


Freetech Road Recycling Technology (Holdings) Total Current Liabilities Related Terms

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Freetech Road Recycling Technology (Holdings) (HKSE:06888) Business Description

Traded in Other Exchanges
N/A
Address
178 Gloucester Road, 29th Floor, Chinachem Century Tower, Wanchai, Hong Kong, HKG
Freetech Road Recycling Technology (Holdings) Ltd is an investment holding company engaged in the manufacturing and sale of road maintenance equipment and provision of road maintenance services in the People's Republic of China (the PRC). The operating segments of the group are APM service segment, where it provides APM services under the registered trademark (Road Doctor) to repair damaged asphalt pavement surfaces, and the APM equipment segment, where it manufactures and sells a wide range of APM equipment. It derives the majority of its revenue from APM Services. It has a business presence in Mainland China and other overseas markets.
Executives
Bank Of Communications Trustee Limited 2301 Trustee
Sze Wai Pan 2101 Beneficial owner
Freetech Technology Limited 2201 Interest of corporation controlled by you

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