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Cornerstone Technologies Holdings (HKSE:08391) Total Current Liabilities : HK$41.1 Mil (As of Dec. 2023)


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What is Cornerstone Technologies 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. Cornerstone Technologies Holdings's total current liabilities for the quarter that ended in Dec. 2023 was HK$41.1

Cornerstone Technologies Holdings Total Current Liabilities Historical Data

The historical data trend for Cornerstone Technologies 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.

Cornerstone Technologies Holdings Total Current Liabilities Chart

Cornerstone Technologies Holdings Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Dec21 Dec22 Dec23
Total Current Liabilities
Get a 7-Day Free Trial 18.67 21.79 56.87 80.86 41.10

Cornerstone Technologies Holdings Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 80.86 - 82.73 - 41.10

Cornerstone Technologies 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.

Cornerstone Technologies 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
=29.594+2.715
+Other Current Liabilities+Current Deferred Liabilities
=8.794+0
=41.1

Cornerstone Technologies 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
=29.594+2.715
+Other Current Liabilities+Current Deferred Liabilities
=8.794+0
=41.1

* 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

Cornerstone Technologies Holdings Total Current Liabilities Related Terms

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Cornerstone Technologies Holdings (HKSE:08391) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Cornerstone Technologies Holdings Ltd (HKSE:08391) » Definitions » Total Current Liabilities
Comparable Companies
HKSE:01586 HKSE:01127 HKSE:01975 HKSE:00450 HKSE:01955 HKSE:01260 HKSE:01540 HKSE:01884 HKSE:00629 HKSE:01650 LSE:REL TSX:TRI CTAS CPRT XAMS:WKL GPN XPAR:SW LSE:RTO ASX:BXB TSX:RBA
Traded in Other Exchanges
N/A
Address
No. 9 Science Museum Road, Office Units 1107 - 11, 11th Floor, New East Ocean Centre, Kowloon - District, Hong Kong, HKG
Website
https://www.cstl.com.hk
Cornerstone Technologies Holdings Ltd is an investment holding company. It is a printing services provider which principally engages in the provisions of printing, typesetting and translation services in Hong Kong. The group is also engaged in supplying EV integrated charging solutions, including central management system, hub for e-payment, load management system and license plate recognition system to electric vehicle and smart parking. It derives prime revenue from the Printing business.
Executives
Wu Jianwei 2101 Beneficial owner
Liang Zihao 2101 Beneficial owner
Global Fortune Global Limited 2101 Beneficial owner
Tanner Enterprises Group Limited 2201 Interest of corporation controlled by you
Glorytwin Limited 2101 Beneficial owner
Wu Yanyan 2101 Beneficial owner
Li Man Keung Edwin 2201 Interest of corporation controlled by you
Gateway Capital (hong Kong) Limited 2102 Investment manager
Gaw Growth Equity Fund I Gp Limited 2201 Interest of corporation controlled by you
Abax Asian Structured Private Credit Fund 2022, Lp 2101 Beneficial owner
Abax Global Capital Gp 2022 Ltd. 2201 Interest of corporation controlled by you
Lau Wai Yan Lawson 2101 Beneficial owner

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