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Guangzhou Automobile Group Co (SHSE:601238) Total Current Liabilities : ¥68,503 Mil (As of Mar. 2024)


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What is Guangzhou Automobile Group Co Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. Guangzhou Automobile Group Co's total current liabilities for the quarter that ended in Mar. 2024 was ¥68,503

Guangzhou Automobile Group Co Total Current Liabilities Historical Data

The historical data trend for Guangzhou Automobile Group Co'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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Guangzhou Automobile Group Co Total Current Liabilities Chart

Guangzhou Automobile Group Co 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 41,585.35 42,384.55 48,806.26 56,606.12 77,126.95

Guangzhou Automobile Group Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 59,986.26 63,723.62 68,751.98 77,126.95 68,503.36

Guangzhou Automobile Group Co Total Current Liabilities Calculation

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

Guangzhou Automobile Group Co'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
=45126.117+18728.416
+Other Current Liabilities+Current Deferred Liabilities
=13272.415+0
=77,127

Guangzhou Automobile Group Co's Total Current Liabilities for the quarter that ended in Mar. 2024 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=34364.467+20999.814
+Other Current Liabilities+Current Deferred Liabilities
=13139.074+0
=68,503

* 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

Guangzhou Automobile Group Co Total Current Liabilities Related Terms

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Guangzhou Automobile Group Co (SHSE:601238) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Guangzhou Automobile Group Co Ltd (SHSE:601238) » Definitions » Total Current Liabilities
Comparable Companies
SHSE:601127 SZSE:000800 SHSE:600418 SZSE:000625 SHSE:600733 SHSE:603529 SHSE:600166 SHSE:601965 SZSE:000980 SHSE:601777 TSLA TSE:7203 SZSE:002594 XTER:MBG XTER:BMW STLA XTER:VOW3 MIL:RACE TSE:7267 F
Traded in Other Exchanges
GNZUF:USA 02238:Hong Kong 02G:Germany
Address
18 Whitfield Road, Room 808, Citicorp Centre, Causeway Bay, Hong Kong, HKG
Website
https://www.gac.com.cn
Guangzhou Automobile Group Co Ltd is a state-controlled producer of passenger vehicles, motorcycles, and auto parts. The company's activities are broadly classified into two segments; The vehicles and related operations segment include the production and sale of a variety of passenger vehicles, commercial vehicles, automotive parts, and related operations, and the Others segment includes mainly the production and sale of motorcycles, automobile finance, and insurance, other financing services, and investing businesses. The firm's operations are spread across Mainland China and Hong Kong. Its vehicles segment generates a majority of the revenues for the company. Geographically, it derives a majority of its revenue from Mainland China.
Executives
Chen Mao Shan Director
Ceng Qing Hong Director
Wang Dan senior management
Chen Han Jun senior management
Chen Xiao Mu Director
Sui Li senior management
Wu Song senior management
Feng Xing Ya Directors, senior managers
Li Shao senior management
Shi Lei Supervisors
Gao Rui senior management
Yan Zhuang Li senior management
Zhang Qing Song senior management
Qu Yong Jian senior management
Yuan Zhong Rong Director

Guangzhou Automobile Group Co (SHSE:601238) Headlines

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