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Suzhou Iron Technology Co (SHSE:688329) Total Current Liabilities : ¥529.6 Mil (As of Mar. 2024)


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What is Suzhou Iron 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. Suzhou Iron Technology Co's total current liabilities for the quarter that ended in Mar. 2024 was ¥529.6

Suzhou Iron Technology Co Total Current Liabilities Historical Data

The historical data trend for Suzhou Iron 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.

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Suzhou Iron Technology Co Total Current Liabilities Chart

Suzhou Iron Technology Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Current Liabilities
Get a 7-Day Free Trial 148.33 280.53 322.71 451.61 589.99

Suzhou Iron Technology Co Quarterly Data
Mar19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 468.56 481.17 539.64 589.99 529.58

Suzhou Iron 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.

Suzhou Iron Technology 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
=209.969+231.686
+Other Current Liabilities+Current Deferred Liabilities
=148.335+0
=590.0

Suzhou Iron Technology Co's Total Current Liabilities for the quarter that ended in Mar. 2024 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=187.759+197.424
+Other Current Liabilities+Current Deferred Liabilities
=144.394+0
=529.6

* 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

Suzhou Iron Technology Co Total Current Liabilities Related Terms

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Suzhou Iron Technology Co (SHSE:688329) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Suzhou Iron Technology Co Ltd (SHSE:688329) » Definitions » Total Current Liabilities
Comparable Companies
SHSE:688013 SZSE:300753 SHSE:688067 SHSE:688393 SHSE:688026 SHSE:603880 SZSE:300030 SZSE:301097 BJSE:836504 SZSE:300061 ISRG XPAR:EL BDX TSE:7741 XSWX:ALC WST OCSE:COLO B RMD TSE:4543 XSWX:STMN
Traded in Other Exchanges
N/A
Address
No. 27, Xinfa Road, Suzhou Industrial Park, Suzhou Area, Jiangsu Pilot Free Trade Zone, Suzhou, CHN, 215002
Website
http://www.iron-tech.cn
Suzhou Iron Technology Co Ltd provide overall solutions for the intelligent management of medical supplies for medical service institutions at all levels. The products mainly include coverage Intelligent management equipment and software information platform for medical supplies in three sectors namely smart pharmacy, smart ward, and smart logistics.
Executives
Li Zhao senior management
Dong Qiu Ming Supervisors

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