GURUFOCUS.COM » STOCK LIST » Technology » Software » Huitongda Network Co Ltd (HKSE:09878) » Definitions » Total Current Liabilities

Huitongda Network Co (HKSE:09878) Total Current Liabilities : HK$21,128 Mil (As of Dec. 2023)


View and export this data going back to 2022. Start your Free Trial

What is Huitongda Network Co Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. Huitongda Network Co's total current liabilities for the quarter that ended in Dec. 2023 was HK$21,128

Huitongda Network Co Total Current Liabilities Historical Data

The historical data trend for Huitongda Network Co'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.

Huitongda Network Co Total Current Liabilities Chart

Huitongda Network Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Current Liabilities
Get a 7-Day Free Trial 22,783.81 28,027.42 33,343.54 22,003.35 21,128.28

Huitongda Network Co Semi-Annual Data
Dec18 Dec19 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Total Current Liabilities Get a 7-Day Free Trial Premium Member Only 33,343.54 25,226.27 22,003.35 24,142.12 21,128.28

Huitongda Network Co Total Current Liabilities Calculation

Total Current Liabilities is the total amount of liabilities that the company needs to pay over the next 12 months.

Huitongda Network Co'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
=17767.404+459.969
+Other Current Liabilities+Current Deferred Liabilities
=2900.91+0
=21,128

Huitongda Network Co'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
=17767.404+459.969
+Other Current Liabilities+Current Deferred Liabilities
=2900.91+0
=21,128

* 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

Huitongda Network Co Total Current Liabilities Related Terms

Thank you for viewing the detailed overview of Huitongda Network Co's Total Current Liabilities provided by GuruFocus.com. Please click on the following links to see related term pages.

Huitongda Network Co (HKSE:09878) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » Huitongda Network Co Ltd (HKSE:09878) » Definitions » Total Current Liabilities
Comparable Companies
HKSE:03650 HKSE:02013 HKSE:01675 HKSE:00909 HKSE:03738 HKSE:01782 HKSE:09911 HKSE:09669 HKSE:06610 HKSE:00596 CRM XTER:SAP INTU NOW UBER CDNS SHOP WDAY XPAR:DSY ROP
Traded in Other Exchanges
N/A
Address
50 Zhongling Street, Huitongda Building, Jiangsu Province, Nanjing, CHN
Website
https://www.htd.cn
Huitongda Network Co Ltd is a transaction and service platform serving corporate customers in China's retail industry, and is committed to providing high-quality goods and services for China's sinking market. In addition, Huitongda also provides store SaaS and merchant solutions to retail stores and channel cooperation customers in the industrial value chain by virtue of its digital capabilities, and provides a stable one-stop supply chain to member retail stores, including providing rich and diverse services on the platform.
Executives
Xu Xiuxian 2101 Beneficial owner
Alibaba Group Holding Limited 2201 Interest of corporation controlled by you
Taobao China Holding Limited 2201 Interest of corporation controlled by you
Taobao Holding Limited 2201 Interest of corporation controlled by you
Zhe Jiang Tian Mao Ji Shu You Xian Gong Si 2201 Interest of corporation controlled by you
Tao Bao Zhong Guo Ruan Jian You Xian Gong Si 2201 Interest of corporation controlled by you
A Li Ba Ba Zhong Guo Wang Luo Ji Shu You Xian Gong Si 2101 Beneficial owner
Wang Jianguo

Huitongda Network Co (HKSE:09878) Headlines

No Headlines