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China Gas Holdings (HKSE:00384) Total Current Liabilities : HK$52,133 Mil (As of Sep. 2023)


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What is China Gas Holdings Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. China Gas Holdings's total current liabilities for the quarter that ended in Sep. 2023 was HK$52,133

China Gas Holdings Total Current Liabilities Historical Data

The historical data trend for China Gas Holdings'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.

China Gas Holdings Total Current Liabilities Chart

China Gas Holdings Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Total Current Liabilities
Get a 7-Day Free Trial Premium Member Only Premium Member Only 46,644.24 49,346.96 46,313.27 54,287.15 51,780.20

China Gas Holdings Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 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 41,214.74 54,287.15 52,325.85 51,780.20 52,132.95

China Gas Holdings Total Current Liabilities Calculation

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

China Gas Holdings'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
=20441.533+22108.317
+Other Current Liabilities+Current Deferred Liabilities
=9230.353+0
=51,780

China Gas Holdings'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
=20886.091+22280.096
+Other Current Liabilities+Current Deferred Liabilities
=8966.763+0
=52,133

* 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

China Gas Holdings Total Current Liabilities Related Terms

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China Gas Holdings (HKSE:00384) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » China Gas Holdings Ltd (HKSE:00384) » Definitions » Total Current Liabilities
Comparable Companies
HKSE:01193 HKSE:03633 HKSE:01083 HKSE:01600 HKSE:02688 HKSE:02886 HKSE:09908 HKSE:06828 HKSE:01940 HKSE:01265 XMAD:NTGY ATO BOM:532155 MIL:SRG HKSE:00003 NI BOM:542066 TSE:9531 TSE:9532 XKLS:6033
Traded in Other Exchanges
CGHOF:USA CGHLY:USA EBZ:Germany
Address
151 Gloucester Road, Room 1601, 16th Floor, Capital Centre, Wan Chai, Hong Kong, HKG
Website
http://www.chinagasholdings.com.hk
China Gas Holdings is involved in the wholesale and retail businesses of natural gas and liquefied petroleum gas in China. As of fiscal 2023 (ended March 31, 2023), the group had secured a total of 661 piped gas concessions, 533 compressed natural gas/liquefied natural gas refilling stations for vehicles, and 106 LPG distribution projects in China. In total, CGH has connected 45.4 million residential households and achieved a penetration rate of 68.6%.
Executives
Liu Ming Hui 2101 Beneficial owner
Beijing Enterprises Group Company Limited
Beijing Enterprises Holdings Limited
Chiu Tat Jung Daniel 2201 Interest of corporation controlled by you
First Level Holdings Limited 2201 Interest of corporation controlled by you
Fortune Dynasty Holdings Limited 2201 Interest of corporation controlled by you
Fortune Oil Limited 2201 Interest of corporation controlled by you
Fortune Oil Prc Holdings Limited 2101 Beneficial owner
Joint Coast Alliance Market Development Limited 2201 Interest of corporation controlled by you
China Gas Group Limited 2101 Beneficial owner

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