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Wecon Holdings (HKSE:01793) Total Current Liabilities : HK$195.8 Mil (As of Sep. 2023)


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What is Wecon 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. Wecon Holdings's total current liabilities for the quarter that ended in Sep. 2023 was HK$195.8

Wecon Holdings Total Current Liabilities Historical Data

The historical data trend for Wecon 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.

Wecon Holdings Total Current Liabilities Chart

Wecon Holdings Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Total Current Liabilities
Get a 7-Day Free Trial 261.17 294.14 215.27 241.54 169.69

Wecon Holdings Semi-Annual Data
Mar16 Mar17 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 251.77 241.54 199.31 169.69 195.83

Wecon 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.

Wecon 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
=165.54+4.153
+Other Current Liabilities+Current Deferred Liabilities
=2.8421709430404E-14+0
=169.7

Wecon 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
=191.275+4.554
+Other Current Liabilities+Current Deferred Liabilities
=0+0
=195.8

* 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

Wecon Holdings Total Current Liabilities Related Terms

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Wecon Holdings (HKSE:01793) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Wecon Holdings Ltd (HKSE:01793) » Definitions » Total Current Liabilities
Comparable Companies
HKSE:01746 HKSE:06063 HKSE:01547 HKSE:01987 HKSE:09998 HKSE:02663 HKSE:01500 HKSE:06829 HKSE:02193 HKSE:01557 XPAR:DG NSE:LT SHSE:601668 PWR SHSE:601390 J TSX:WSP HKSE:01800 SHSE:601186 XKRX:028260
Traded in Other Exchanges
N/A
Address
244-252 Des Voeux Road Central, 18th Floor, Tung Hip Commercial Building, Hong Kong, HKG
Website
https://www.wecon.com.hk
Wecon Holdings Ltd is an investment holding company. The company's operating segment includes Building construction services and RMAA works services. The Building construction services provided by the group primarily consist of building works for new buildings, including residential, commercial, and industrial buildings. Its RMAA works services include the general upkeep, maintenance, improvement, refurbishment, alteration, and addition of existing facilities and components of buildings and their surroundings. It generates maximum revenue from the Construction contracts segment. Geographically, it derives revenue from Hong Kong.
Executives
Triple Arch Limited 2101 Beneficial owner
Lai Yuk Lin Eliza 2202 Interest of your spouse
Tsang Ka Yip 2201 Interest of corporation controlled by you

Wecon Holdings (HKSE:01793) Headlines

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