New Frontier Health (New Frontier Health) Total Current Liabilities : $148.0 Mil (As of Dec. 2020)

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What is New Frontier Health Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. New Frontier Health's total current liabilities for the quarter that ended in Dec. 2020 was $148.0

New Frontier Health Total Current Liabilities Historical Data

The historical data trend for New Frontier Health'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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New Frontier Health Total Current Liabilities Chart

New Frontier Health Annual Data

Trend Dec17 Dec18 Dec19 Dec20

Total Current Liabilities

- 164.59 251.17 147.98

New Frontier Health Quarterly Data

Dec17 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20

Total Current Liabilities Get a 7-Day Free Trial 251.17 214.47 127.24 127.40 147.98

New Frontier Health Total Current Liabilities Calculation

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

New Frontier Health's Total Current Liabilities for the fiscal year that ended in Dec. 2020 is calculated as

Total Current Liabilities = Accounts Payable & Accrued Expense + Short-Term Debt & Capital Lease Obligation

= 79.88 + 14.559

+ Other Current Liabilities + Current Deferred Liabilities

= 2.8421709430404E-14 + 53.545

= 148.0

New Frontier Health's Total Current Liabilities for the quarter that ended in Dec. 2020 is calculated as

Total Current Liabilities = Accounts Payable & Accrued Expense + Short-Term Debt & Capital Lease Obligation

= 79.88 + 14.559

+ Other Current Liabilities + Current Deferred Liabilities

= 2.8421709430404E-14 + 53.545

= 148.0

* 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

New Frontier Health Total Current Liabilities Related Terms
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New Frontier Health (New Frontier Health) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » New Frontier Health Corp (NYSE:NFH) » Definitions » Total Current Liabilities

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Traded in Other Exchanges

N/A

Address

10 Jiuxianqiao Road, B7 Building, 1ST Floor, Hengtong Business Park, Chaoyang District, Beijing, CHN, 100015

Website

https://www.nfh.com.cn

New Frontier Health Corp is a comprehensive private medical service platform. Through its subsidiary, it provides healthcare services throughout the life cycle in China. The firm's operating segments are Operating assets Tier 1, and Operating assets Tier 2 and other assets and Expansion assets. Tier 1 segment consists of the group's existing general hospitals and clinics located in tier 1 cities in China, such as Beijing and Shanghai whereas, tier 2 and other assets segment consists of the group's existing general hospitals and clinics located in tier 2 cities in China, such as Tianjin and Qingdao, and specialized healthcare facilities. The company generates a majority of its revenue from the Tier 1 segment.

New Frontier Health (New Frontier Health) Headlines

From GuruFocus

New Frontier Health Corporation to Announce Third Quarter of 2020 Financial Results on December 2, 2020
By Business Wire Business Wire • 11-24-2020

New Frontier Healthcare to Announce Second Quarter of 2020 Financial Results on August 27, 2020
By Business Wire Business Wire • 08-20-2020

New Frontier Health Corporation Announces Shareholders' Approval of Merger Agreement and Warrantholders' Approval of Warrant Amendment
By Business Wire Business Wire • 01-07-2022

New Frontier Health Corporation Enters into Definitive Merger Agreement for Going Private Transaction
By Business Wire Business Wire • 08-04-2021

Oasis Management Co Ltd. Buys 51job Inc, New Frontier Health Corp, Takeda Pharmaceutical Co, Sells , The Walt Disney Co, Tencent Music Entertainment Group
By GuruFocus Research GuruFocus Editor • 08-18-2021

New Frontier Health Corporation Announces Receipt of Preliminary Non-Binding "Going Private" Proposal
By Business Wire Business Wire • 02-10-2021

New Frontier Corporation Completes Acquisition of United Family Healthcare
By Marketwired Marketwired • 12-19-2019

New Frontier Corporation Announces Date of Extraordinary General Meeting to Approve Business Combination with United Family Healthcare
By Marketwired Marketwired • 12-02-2019

New Frontier Health Corporation Announces Receipt of Clarification to Preliminary Non-Binding "Going Private" Proposal
By Business Wire Business Wire • 02-10-2021

New Frontier Health Corporation Announces Extraordinary General Meeting of Shareholders and Solicitation for Warrantholder Consent
By Business Wire Business Wire • 12-02-2021

New Frontier Health Quarterly Data
	Dec17	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20
Total Current Liabilities	Get a 7-Day Free Trial							251.17	214.47	127.24	127.40	147.98

Total Current Liabilities	=	Accounts Payable & Accrued Expense	+	Short-Term Debt & Capital Lease Obligation
	=	79.88	+	14.559
	+	Other Current Liabilities	+	Current Deferred Liabilities
	=	2.8421709430404E-14	+	53.545
	=	148.0