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Sino Prima Gas Technology Co (SZSE:300483) Total Current Liabilities : ¥1,251 Mil (As of Mar. 2024)


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What is Sino Prima Gas Technology 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. Sino Prima Gas Technology Co's total current liabilities for the quarter that ended in Mar. 2024 was ¥1,251


Sino Prima Gas Technology Co Total Current Liabilities Historical Data

The historical data trend for Sino Prima Gas Technology 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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Sino Prima Gas Technology Co Total Current Liabilities Chart

Sino Prima Gas Technology 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 1,896.11 1,534.90 1,513.54 1,130.81 1,114.99

Sino Prima Gas Technology 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 1,126.83 1,302.09 1,013.98 1,114.99 1,250.96

Sino Prima Gas Technology 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.

Sino Prima Gas Technology 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
=796.954+306.543
+Other Current Liabilities+Current Deferred Liabilities
=11.496+0
=1,115

Sino Prima Gas Technology 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
=825.891+420.008
+Other Current Liabilities+Current Deferred Liabilities
=5.0620000000001+0
=1,251

* 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


Sino Prima Gas Technology Co Total Current Liabilities Related Terms

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Sino Prima Gas Technology Co (SZSE:300483) Business Description

Traded in Other Exchanges
N/A
Address
No.5000, Yuanjiang Road, Minhang District, Shanghai, CHN, 201108
Sino Prima Gas Technology Co Ltd formerly Shanghai Worth Garden Co Ltd is a service provider that focuses on the development, production, and sales of gardening products, engineering construction, and greening maintenance. Its products cover all aspects of horticultural life, including thousands of varieties and specifications, and a relatively complete horticultural product system. It offers garden hand tools, such as cutting tools, garden power tools, including lawn mowers, grass and hedge trimmers, and batteries and chargers, and garden watering products.
Executives
Wu Jun Liang Directors, executives

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