GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Raytech Holding Ltd (NAS:RAY) » Definitions » Total Current Liabilities

RAY (Raytech Holding) Total Current Liabilities : $2.88 Mil (As of Sep. 2024)


View and export this data going back to 2024. Start your Free Trial

What is Raytech Holding Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. Raytech Holding's total current liabilities for the quarter that ended in Sep. 2024 was $2.88

Raytech Holding Total Current Liabilities Historical Data

The historical data trend for Raytech Holding'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.

Raytech Holding Total Current Liabilities Chart

Raytech Holding Annual Data
Trend Mar21 Mar22 Mar23 Mar24
Total Current Liabilities
0.63 0.76 1.52 3.46

Raytech Holding Semi-Annual Data
Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
Total Current Liabilities Get a 7-Day Free Trial 1.62 1.52 2.89 3.46 2.88

Raytech Holding Total Current Liabilities Calculation

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

Raytech Holding'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
=3.279+0
+Other Current Liabilities+Current Deferred Liabilities
=0.048+0.129
=3.46

Raytech Holding's Total Current Liabilities for the quarter that ended in Sep. 2024 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=2.88+0
+Other Current Liabilities+Current Deferred Liabilities
=0+0
=2.88

* 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

Raytech Holding Total Current Liabilities Related Terms

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

Raytech Holding Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Raytech Holding Ltd (NAS:RAY) » Definitions » Total Current Liabilities
Comparable Companies
UG DQWS GROV PURE DSY XAGE PGID SKVI SNBH TANH PG XPAR:OR LSE:ULVR CL BOM:500696 KMB LSE:RKT KVUE XTER:HEN3 XTER:BEI
Traded in Other Exchanges
N/A
Address
No.19 Lam Lok Street, Unit 609, 6th Floor, Nan Fung Commercial Centre, Kowloon Bay, Hong Kong, HKG
Website
https://www.raytech.com.hk
Raytech Holding Ltd is principally engaged in product designing and manufacturing of various product ranges such as Hair Care, Men's Care and Women's Care products. It has sourced and wholesaled a wide range of personal care electrical appliances, which can be broadly classified into seven categories: hair styling series, including hair dryer, hair straightener and curling iron; trimmer series, including facial shaver, nose trimmer and eyebrow trimmer; eyelash curler; neck care series; nail care series; tooling and other personal care appliances such as body and facial brush, reset brush, callus remover, sonic peeling, handy fan and others. Raytech manufactures products under OEM and ODM.