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Wing Lee Development Construction Holdings (HKSE:09639) Total Current Liabilities : HK$186.9 Mil (As of Mar. 2024)


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What is Wing Lee Development Construction 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. Wing Lee Development Construction Holdings's total current liabilities for the quarter that ended in Mar. 2024 was HK$186.9

Wing Lee Development Construction Holdings Total Current Liabilities Historical Data

The historical data trend for Wing Lee Development Construction 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.

Wing Lee Development Construction Holdings Total Current Liabilities Chart

Wing Lee Development Construction Holdings Annual Data
Trend Mar22 Mar23 Mar24
Total Current Liabilities
172.75 124.88 186.95

Wing Lee Development Construction Holdings Quarterly Data
Mar22 Mar23 Mar24 Sep24
Total Current Liabilities 172.75 124.88 186.95 227.25

Wing Lee Development Construction 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.

Wing Lee Development Construction 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
=122.688+44.157
+Other Current Liabilities+Current Deferred Liabilities
=20.1+0
=186.9

Wing Lee Development Construction Holdings's Total Current Liabilities for the quarter that ended in Mar. 2024 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=122.688+44.157
+Other Current Liabilities+Current Deferred Liabilities
=20.1+0
=186.9

* 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

Wing Lee Development Construction Holdings Total Current Liabilities Related Terms

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Wing Lee Development Construction Holdings Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Wing Lee Development Construction Holdings Ltd (HKSE:09639) » Definitions » Total Current Liabilities
Comparable Companies
Traded in Other Exchanges
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Address
No. 3 Hoi Shing Road, Room A6, 16th Floor, TML Tower, Tsuen Wan, Hong Kong, HKG
Website
https://www.winglee.com.hk
Wing Lee Development Construction Holdings Ltd is an established contractor in Hong Kong engaged in civil and electrical cable engineering and solar PV system works. Its civil engineering works specialize in site formation works and road and drainage works, and its electrical cable engineering works specialize in cable trenching, laying and jointing works. For solar PV system works, the company specializes in the design, installation and maintenance works of solar PV systems. The majority of revenue is derived from civil engineering works.

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