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Edensoft Holdings (HKSE:01147) Total Current Liabilities : HK$261.9 Mil (As of Dec. 2023)


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What is Edensoft 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. Edensoft Holdings's total current liabilities for the quarter that ended in Dec. 2023 was HK$261.9

Edensoft Holdings Total Current Liabilities Historical Data

The historical data trend for Edensoft 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.

Edensoft Holdings Total Current Liabilities Chart

Edensoft Holdings Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Current Liabilities
Get a 7-Day Free Trial 120.19 205.50 202.91 151.30 261.93

Edensoft Holdings Semi-Annual Data
Dec16 Dec17 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Total Current Liabilities Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 202.91 156.55 151.30 187.08 261.93

Edensoft 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.

Edensoft Holdings'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
=165.356+56.275
+Other Current Liabilities+Current Deferred Liabilities
=40.295+0
=261.9

Edensoft Holdings's Total Current Liabilities for the quarter that ended in Dec. 2023 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=165.356+56.275
+Other Current Liabilities+Current Deferred Liabilities
=40.295+0
=261.9

* 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

Edensoft Holdings Total Current Liabilities Related Terms

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Edensoft Holdings (HKSE:01147) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » Edensoft Holdings Ltd (HKSE:01147) » Definitions » Total Current Liabilities
Comparable Companies
HKSE:08198 HKSE:08178 HKSE:01037 HKSE:08103 HKSE:01059 HKSE:08050 HKSE:08033 HKSE:00465 HKSE:08319 HKSE:01460 ACN NSE:TCS IBM NSE:INFY FI NSE:HCLTECH CTSH XPAR:CAP FIS CDW
Traded in Other Exchanges
N/A
Address
Hua Fu Street, 1006 Shennan Road, West, 2nd Floor, Building A, Futian Technology Square, Shenzhen International Innovation Center, Futian District, Shenzhen, CHN
Website
https://www.edensoft.com.cn
Edensoft Holdings Ltd is engaged in provision of IT infrastructure services, IT implementation and supporting services and cloud services in the PRC. Its segment includes IT infrastructure services; IT implementation and supporting services; and Cloud services. It derives key revenue from the IT infrastructure services segment that assess customers' needs and their existing IT environment and providing IT infrastructure services by advising them on the suitable hardware and software products that their IT environment would require, and procuring the relevant hardware and software products from IT products vendors and installing these IT products in customers' IT environment. It operates in Mainland China and Hong Kong, of which prime revenue is derived from Mainland China.
Executives
Ding Xinyun 2201 Interest of corporation controlled by you
Green Leaf Development Limited 2201 Interest of corporation controlled by you
Aztec Pearl Limited 2101 Beneficial owner
Cai Aaron Ding 2401 A concert party to an agreement to buy shares
Tricor Equity Trustee Limited 2301 Trustee
Yan Shi 2202 Interest of your spouse

Edensoft Holdings (HKSE:01147) Headlines

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