GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Ganglong China Property Group Ltd (HKSE:06968) » Definitions » Total Current Liabilities

Ganglong China Property Group (HKSE:06968) Total Current Liabilities : HK$17,973 Mil (As of Jun. 2024)


View and export this data going back to 2020. Start your Free Trial

What is Ganglong China Property Group Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. Ganglong China Property Group's total current liabilities for the quarter that ended in Jun. 2024 was HK$17,973


Ganglong China Property Group Total Current Liabilities Historical Data

The historical data trend for Ganglong China Property Group'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.

Ganglong China Property Group Total Current Liabilities Chart

Ganglong China Property Group Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Current Liabilities
Get a 7-Day Free Trial 21,622.77 46,279.39 47,480.73 34,694.18 19,570.81

Ganglong China Property Group Semi-Annual Data
Dec17 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Total Current Liabilities Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 40,778.46 34,694.18 29,531.13 19,570.81 17,973.30

Ganglong China Property Group Total Current Liabilities Calculation

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

Ganglong China Property Group'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
=6966.155+3067.661
+Other Current Liabilities+Current Deferred Liabilities
=9536.995+0
=19,571

Ganglong China Property Group's Total Current Liabilities for the quarter that ended in Jun. 2024 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=9494.385+3542.165
+Other Current Liabilities+Current Deferred Liabilities
=4936.754+0
=17,973

* 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


Ganglong China Property Group Total Current Liabilities Related Terms

Thank you for viewing the detailed overview of Ganglong China Property Group's Total Current Liabilities provided by GuruFocus.com. Please click on the following links to see related term pages.


Ganglong China Property Group Business Description

Traded in Other Exchanges
Address
No. 2177 Shenkun Road, No. 11 Building, Hongqiao International Exhibition Center, PortMix South District, Miuhang District, Shanghai, CHN
Ganglong China Property Group Ltd is an investment holding company engaged in property development. It develops residential, retail, and commercial properties. The majority of its revenue comes from sales of properties in Changzhou city.
Executives
Huaxing Development Co., Ltd.
Hualian Development Co., Ltd.
Hualong Development Co., Ltd.
Chan Mei Kam
Lui Ming
Lui Wing Nam
Wong Sau Suet
Lui Chi Chung Jimmy
Lui Wing Mau
Wong Kwai Fa
Lui Jin Ling

Ganglong China Property Group Headlines

No Headlines