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Sun Art Retail Group (Sun Art Retail Group) Total Current Liabilities : $4,869 Mil (As of Sep. 2023)


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What is Sun Art Retail Group Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. Sun Art Retail Group's total current liabilities for the quarter that ended in Sep. 2023 was $4,869


Sun Art Retail Group Total Current Liabilities Historical Data

The historical data trend for Sun Art Retail Group'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.

Sun Art Retail Group Total Current Liabilities Chart

Sun Art Retail Group Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Mar22 Mar23
Total Current Liabilities
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5,569.07 5,396.37 5,419.68 5,373.55 4,931.29

Sun Art Retail Group Semi-Annual Data
Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Sep21 Mar22 Sep22 Mar23 Sep23
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 5,508.11 5,373.55 5,115.32 4,931.29 4,868.94

Sun Art Retail Group Total Current Liabilities Calculation

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

Sun Art Retail Group's Total Current Liabilities for the fiscal year that ended in Mar. 2023 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=1991.902+325.502
+Other Current Liabilities+Current Deferred Liabilities
=2613.882+0
=4,931

Sun Art Retail Group's Total Current Liabilities for the quarter that ended in Sep. 2023 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=1967.004+358.185
+Other Current Liabilities+Current Deferred Liabilities
=2543.746+0
=4,869

* 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


Sun Art Retail Group Total Current Liabilities Related Terms

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Sun Art Retail Group (Sun Art Retail Group) Business Description

Traded in Other Exchanges
Address
183 Queen’s Road East, Level 54, Hopewell Centre, Hong Kong, HKG
Sun Art Retail Group Ltd is a hypermarket operator in China. As of 2019, the company had 491 hypermarket complexes under two banners: Auchan and RT-Mart, with a total gross floor area of 13.68 million square meters. Sun Art operates its business with hypermarkets, superstores, and mini stores under RT-Super and RT-Mini.

Sun Art Retail Group (Sun Art Retail Group) Headlines

From GuruFocus

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