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Finsoft Financial Investment Holdings (HKSE:08018) Total Current Liabilities : HK$26.53 Mil (As of Dec. 2024)


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What is Finsoft Financial 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. Finsoft Financial Investment Holdings's total current liabilities for the quarter that ended in Dec. 2024 was HK$26.53


Finsoft Financial Investment Holdings Total Current Liabilities Historical Data

The historical data trend for Finsoft Financial 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.

Finsoft Financial Investment Holdings Total Current Liabilities Chart

Finsoft Financial Investment Holdings Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Total Current Liabilities
Get a 7-Day Free Trial Premium Member Only Premium Member Only 41.22 40.53 37.85 28.89 26.53

Finsoft Financial Investment Holdings Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Jun24 Dec24
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 27.38 - 28.89 27.09 26.53

Finsoft Financial 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.

Finsoft Financial Investment Holdings's Total Current Liabilities for the fiscal year that ended in Dec. 2024 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=0.299+3.973
+Other Current Liabilities+Current Deferred Liabilities
=22.259+0
=26.53

Finsoft Financial Investment Holdings's Total Current Liabilities for the quarter that ended in Dec. 2024 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=0.299+3.973
+Other Current Liabilities+Current Deferred Liabilities
=22.259+0
=26.53

* 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


Finsoft Financial Investment Holdings Total Current Liabilities Related Terms

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Finsoft Financial Investment Holdings Business Description

Traded in Other Exchanges
N/A
Address
151 Gloucester Road, Unit 708, 7th Floor, Capital Centre, Wanchai, Hong Kong, HKG
Finsoft Financial Investment Holdings Ltd engages in investment with interests in the businesses of software solutions and financial platforms. The company operates through the segments of, the Financial trading software solutions segment, which earns a majority of the revenue, engages in the development, sale, and provision of financial trading software solutions; the Other IT and internet financial platforms segment provides e-commerce platforms, other online consultancy services, and financial information; Money lending segment refers to the loan financing solutions; Assets investments segment engages in trading of listed securities; and the Others segment. The group's majority of operations are located in Hong Kong.
Executives
Zhang Xiongfeng 2101 Beneficial owner
Tin Yat Yu Carol (formerly Known As Yuen Sin Carol) 2101 Beneficial owner
Chan Sek Keung Ringo 2101 Beneficial owner
Ever Robust Holdings Limited 2101 Beneficial owner
Hang Tai Yue Group Holdings Limited 2201 Interest of corporation controlled by you
Zhu Liang Hui Hui 2101 Beneficial owner

Finsoft Financial Investment Holdings Headlines

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