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Tai Hing Group Holdings (HKSE:06811) Total Current Liabilities : HK$800 Mil (As of Dec. 2023)


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What is Tai Hing Group 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. Tai Hing Group Holdings's total current liabilities for the quarter that ended in Dec. 2023 was HK$800

Tai Hing Group Holdings Total Current Liabilities Historical Data

The historical data trend for Tai Hing Group 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.

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Tai Hing Group Holdings Total Current Liabilities Chart

Tai Hing Group Holdings Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Current Liabilities
Get a 7-Day Free Trial 1,136.95 1,009.34 852.50 774.72 800.34

Tai Hing Group Holdings Semi-Annual Data
Dec16 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 852.50 752.82 774.72 775.29 800.34

Tai Hing Group 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.

Tai Hing Group 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
=353.738+382.928
+Other Current Liabilities+Current Deferred Liabilities
=63.678+0
=800

Tai Hing Group 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
=353.738+382.928
+Other Current Liabilities+Current Deferred Liabilities
=63.678+0
=800

* 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

Tai Hing Group Holdings Total Current Liabilities Related Terms

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Tai Hing Group Holdings (HKSE:06811) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Tai Hing Group Holdings Ltd (HKSE:06811) » Definitions » Total Current Liabilities
Comparable Companies
HKSE:00538 HKSE:01978 HKSE:00156 HKSE:00573 HKSE:00226 HKSE:01181 HKSE:00126 HKSE:08371 HKSE:08300 HKSE:00052 MCD SBUX CMG LSE:CPG YUM TSX:QSP.UN YUMC TSX:QSR DRI HKSE:06862
Traded in Other Exchanges
N/A
Address
1 Hoi Wan Street, Quarry Bay, 13th Floor, Chinachem Exchange Square, Hong Kong, HKG
Website
https://www.taihing.com
Tai Hing Group Holdings Ltd is engaged in the management and operations of restaurants. The company's brand portfolio includes Hot Pot Couple, King Fong Bing Teng, and Asam Chicken Rice, which specialize in Taiwanese hotpots, sophisticated cha chaan teng cuisine, and Southeast Asian delights. Geographically, the firm has operational footprints in Hong Kong, Taiwan, Macau, and Mainland China.
Executives
Chan Wing On 2101 Beneficial owner
Leung Yi Ling 2202 Interest of your spouse
Jun Fa You Xian Gong Si 2101 Beneficial owner

Tai Hing Group Holdings (HKSE:06811) Headlines

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