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Leader Hill (Leader Hill) Total Current Liabilities : $0.06 Mil (As of Aug. 2022)


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What is Leader Hill Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. Leader Hill's total current liabilities for the quarter that ended in Aug. 2022 was $0.06

Leader Hill Total Current Liabilities Historical Data

The historical data trend for Leader Hill'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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Leader Hill Total Current Liabilities Chart

Leader Hill Annual Data
Trend Nov17 Nov18 Nov19 Nov20 Nov21
Total Current Liabilities
0.03 0.08 0.04 0.01 0.03

Leader Hill Quarterly Data
Nov17 Feb18 May18 Aug18 Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22
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 0.02 0.03 0.04 0.05 0.06

Leader Hill Total Current Liabilities Calculation

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

Leader Hill's Total Current Liabilities for the fiscal year that ended in Nov. 2021 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=0.033+0
+Other Current Liabilities+Current Deferred Liabilities
=0+0
=0.03

Leader Hill's Total Current Liabilities for the quarter that ended in Aug. 2022 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=0.058+0
+Other Current Liabilities+Current Deferred Liabilities
=0+0
=0.06

* 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

Leader Hill Total Current Liabilities Related Terms

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Leader Hill (Leader Hill) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Leader Hill Corp (OTCPK:LHIL) » Definitions » Total Current Liabilities
Comparable Companies
AGNY TSE:9252 TSE:7922 XPAR:MLV4S JSE:ATI TSE:7369 ASX:MIL SGX:40W TSE:9087 HKSE:00309
Traded in Other Exchanges
N/A
Address
Room 0701, Unit 2, Building 11, Shui’an Xindu, Coastal Industrial Base, Liaoning Province, Yingkou, CHN, 115000
Website
http://www.leaderhill.com
Leader Hill Corp operates in the industry of business consulting that intends to assist start-up to mid-size companies in the East Asia region, with a focus on mainland China and Hong Kong. Its core services are divided into four categories: company formation, corporate secretarial and administration, accounting and bookkeeping, and general business consulting services.

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