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Allied Sustainability And Environmental Consultants Group (HKSE:08320) Total Current Liabilities : HK$19.86 Mil (As of Sep. 2023)


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What is Allied Sustainability And Environmental Consultants 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. Allied Sustainability And Environmental Consultants Group's total current liabilities for the quarter that ended in Sep. 2023 was HK$19.86


Allied Sustainability And Environmental Consultants Group Total Current Liabilities Historical Data

The historical data trend for Allied Sustainability And Environmental Consultants 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.

Allied Sustainability And Environmental Consultants Group Total Current Liabilities Chart

Allied Sustainability And Environmental Consultants Group Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Total Current Liabilities
Get a 7-Day Free Trial Premium Member Only 10.38 16.65 18.85 21.12 20.84

Allied Sustainability And Environmental Consultants Group Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 19.77 - 20.84 - 19.86

Allied Sustainability And Environmental Consultants 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.

Allied Sustainability And Environmental Consultants Group's Total Current Liabilities for the fiscal year that ended in Mar. 2023 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=3.516+11.385
+Other Current Liabilities+Current Deferred Liabilities
=5.942+0
=20.84

Allied Sustainability And Environmental Consultants Group's Total Current Liabilities for the quarter that ended in Sep. 2023 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=6.835+11.968
+Other Current Liabilities+Current Deferred Liabilities
=1.052+0
=19.86

* 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


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Allied Sustainability And Environmental Consultants Group (HKSE:08320) Business Description

Traded in Other Exchanges
N/A
Address
160 Gloucester Road, 27/F, Overseas Trust Bank Building, Wan Chai, Hong Kong, HKG
Allied Sustainability And Environmental Consultants Group Ltd is an environmental consulting company. The company is engaged in the provision of consultancy services relating to green building certification consultancy, sustainability and environmental consultancy, acoustics, noise and vibration control, audio-visual design consultancy, and Environmental, social, and governance reporting consultancy. The principal place of the Group's operation is mainly in Hong Kong and has a presence in Macau and the PRC also.

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