GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » China Nonferrous Mining Corp Ltd (HKSE:01258) » Definitions » Total Current Liabilities

China Nonferrous Mining (HKSE:01258) Total Current Liabilities : HK$8,903 Mil (As of Dec. 2023)


View and export this data going back to 2012. Start your Free Trial

What is China Nonferrous Mining 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 Nonferrous Mining's total current liabilities for the quarter that ended in Dec. 2023 was HK$8,903


China Nonferrous Mining Total Current Liabilities Historical Data

The historical data trend for China Nonferrous Mining'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 Nonferrous Mining Total Current Liabilities Chart

China Nonferrous Mining Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Current Liabilities
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6,102.35 9,993.31 7,368.83 8,749.33 8,903.49

China Nonferrous Mining Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 7,368.83 8,037.72 8,749.33 8,737.73 8,903.49

China Nonferrous Mining 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 Nonferrous Mining'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
=7099.147+1387.622
+Other Current Liabilities+Current Deferred Liabilities
=416.723+0
=8,903

China Nonferrous Mining'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
=7099.147+1387.622
+Other Current Liabilities+Current Deferred Liabilities
=416.723+0
=8,903

* 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 Nonferrous Mining Total Current Liabilities Related Terms

Thank you for viewing the detailed overview of China Nonferrous Mining's Total Current Liabilities provided by GuruFocus.com. Please click on the following links to see related term pages.


China Nonferrous Mining (HKSE:01258) Business Description

Traded in Other Exchanges
Address
32 Enos Chomba Road, Kitwe, ZMB
China Nonferrous Mining Corp Ltd is engaged in the exploration, mining, ore processing, leaching, smelting of copper and cobalt, and sale of copper cathodes, blister copper, and copper anodes, copper-cobalt alloy, cobaltous hydroxide, and sulfuric acid. Its operating segments are Leaching and Smelting. The majority of the company's revenue is derived from the Smelting segment. The smelting segment includes the production and sale of blister and copper anodes. Geographically, it derives a majority of revenue from Mainland China.
Executives
Zhong Guo You Se Kuang Ye Ji Tuan You Xian Gong Si 2201 Interest of corporation controlled by you
Zhong Guo You Se Jin Shu Jian She Gu Fen You Xian Gong Si 2101 Beneficial owner

China Nonferrous Mining (HKSE:01258) Headlines

No Headlines