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Kong Shum Smart Management Group (Holdings) (HKSE:08181) Total Current Liabilities : HK$79.2 Mil (As of Sep. 2024)


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What is Kong Shum Smart Management Group (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. Kong Shum Smart Management Group (Holdings)'s total current liabilities for the quarter that ended in Sep. 2024 was HK$79.2


Kong Shum Smart Management Group (Holdings) Total Current Liabilities Historical Data

The historical data trend for Kong Shum Smart Management Group (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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Kong Shum Smart Management Group (Holdings) Total Current Liabilities Chart

Kong Shum Smart Management Group (Holdings) Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Total Current Liabilities
Get a 7-Day Free Trial Premium Member Only Premium Member Only 92.37 94.50 91.81 78.09 73.36

Kong Shum Smart Management Group (Holdings) Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Mar24 Sep24
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 78.09 - 78.71 73.36 79.16

Kong Shum Smart Management Group (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.

Kong Shum Smart Management Group (Holdings)'s Total Current Liabilities for the fiscal year that ended in Mar. 2024 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=19.449+6.96
+Other Current Liabilities+Current Deferred Liabilities
=46.95+0
=73.4

Kong Shum Smart Management Group (Holdings)'s Total Current Liabilities for the quarter that ended in Sep. 2024 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=3.83+3.816
+Other Current Liabilities+Current Deferred Liabilities
=71.518+0
=79.2

* 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


Kong Shum Smart Management Group (Holdings) Total Current Liabilities Related Terms

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Kong Shum Smart Management Group (Holdings) Business Description

Traded in Other Exchanges
N/A
Address
51 Man Yue Street, Unit J, 6th Floor, Triumph Centre, Phase 2, Hunghom, Kowloon, HKG
Kong Shum Smart Management Group (Holdings) Ltd is an investment holding company. The company's operating segments include the Provision of property management services, Properties investment and Money lending business. It generates maximum revenue from the Provision of the property management services segment. Geographically, it derives a majority of its revenue from Hong Kong and also has a presence in The People's Republic of China. The provision of property management services targets residential properties.
Executives
Chan Yuk Fan 2202 Interest of your spouse
Ho Ying Choi 2106 Person having a security interest in shares
Heng Sheng Capital Limited 2101 Beneficial owner
H Family Company Limited 2201 Interest of corporation controlled by you
Hsbc International Trustee Limited 2301 Trustee
Huang Liming 2307 Founder of a discretionary trust who can infl
Li Mengya 2202 Interest of your spouse

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