GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Ningbo Ronbay New Energy Technology Co Ltd (SHSE:688005) » Definitions » Total Current Liabilities

Ningbo Ronbay New Energy Technology Co (SHSE:688005) Total Current Liabilities : ¥10,423 Mil (As of Mar. 2025)


View and export this data going back to 2019. Start your Free Trial

What is Ningbo Ronbay New Energy Technology 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. Ningbo Ronbay New Energy Technology Co's total current liabilities for the quarter that ended in Mar. 2025 was ¥10,423


Ningbo Ronbay New Energy Technology Co Total Current Liabilities Historical Data

The historical data trend for Ningbo Ronbay New Energy Technology 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.

Ningbo Ronbay New Energy Technology Co Total Current Liabilities Chart

Ningbo Ronbay New Energy Technology Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Total Current Liabilities
Get a 7-Day Free Trial Premium Member Only 1,435.53 8,398.05 14,175.98 9,269.41 11,084.58

Ningbo Ronbay New Energy Technology Co Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 8,335.50 8,709.22 10,162.21 11,084.58 10,422.86

Ningbo Ronbay New Energy Technology 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.

Ningbo Ronbay New Energy Technology Co's Total Current Liabilities for the fiscal year that ended in Dec. 2024 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=8802.883+2272.168
+Other Current Liabilities+Current Deferred Liabilities
=9.5300000000007+0
=11,085

Ningbo Ronbay New Energy Technology Co's Total Current Liabilities for the quarter that ended in Mar. 2025 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=7823.688+2567.839
+Other Current Liabilities+Current Deferred Liabilities
=31.329+0
=10,423

* 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


Ningbo Ronbay New Energy Technology Co Total Current Liabilities Related Terms

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


Ningbo Ronbay New Energy Technology Co Business Description

Traded in Other Exchanges
N/A
Address
No. 39 Tanjialing East Road, Zhejiang Province, Yuyao, CHN, 315400
Ningbo Ronbay New Energy Technology Co Ltd is engaged in the research and development, production, and marketing of multi-materials, lithium ferromanganese phosphate (lmfp) materials, sodium battery materials, and multi-precursors. The products are mainly used in the manufacturing of lithium/sodium batteries and are mainly applied in fields such as electric vehicles, electric two-wheelers, energy storage equipment, and electronic products.
Executives
Liu De Xian senior management
Yuan Xu Jun Core technical personnel
Bai Hou Shan Director
Zhang Hui Qing Director
Zhang Yuan Director
Chen Ming Feng Core technical personnel
Liu Xiang Lie Director
Tian Qian Li senior management
Yu Ji Yun senior management
Ge Xin senior management
Li Cong Xi Core technical personnel

Ningbo Ronbay New Energy Technology Co Headlines

No Headlines