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Hitek Global (Hitek Global) Total Liabilities : $7.09 Mil (As of Dec. 2023)


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What is Hitek Global Total Liabilities?

Hitek Global's Total Liabilities for the quarter that ended in Dec. 2023 was $7.09 Mil.

Hitek Global's quarterly Total Liabilities declined from Dec. 2022 ($7.68 Mil) to Jun. 2023 ($7.23 Mil) and declined from Jun. 2023 ($7.23 Mil) to Dec. 2023 ($7.09 Mil).

Hitek Global's annual Total Liabilities increased from Dec. 2021 ($4.01 Mil) to Dec. 2022 ($7.68 Mil) but then declined from Dec. 2022 ($7.68 Mil) to Dec. 2023 ($7.09 Mil).

Hitek Global Total Liabilities Historical Data

The historical data trend for Hitek Global's Total 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.

Hitek Global Total Liabilities Chart

Hitek Global Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Liabilities
Get a 7-Day Free Trial 2.53 3.24 4.01 7.68 7.09

Hitek Global Semi-Annual Data
Dec17 Jun18 Dec18 Jun19 Dec19 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Total Liabilities Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.01 7.55 7.68 7.23 7.09

Hitek Global Total Liabilities Calculation

Total Liabilities are the liabilities that the company has to pay others. It is a part of the balance sheet of a company that shareholders do not own, and would be obligated to pay back if the company liquidated.

Hitek Global's Total Liabilities for the fiscal year that ended in Dec. 2023 is calculated as

Total Liabilities=Total Current Liabilities+Total Noncurrent Liabilities
=Total Current Liabilities+(Long-Term Debt & Capital Lease Obligation+Other Long-Term Liabilities
=3.373+(2.114+-0.0010000000000003
+NonCurrent Deferred Liabilities+PensionAndRetirementBenefit)
+1.604+0)
=7.09

Total Liabilities=Total Assets (A: Dec. 2023 )-Total Equity (A: Dec. 2023 )
=35.428-28.338
=7.09

Hitek Global's Total Liabilities for the quarter that ended in Dec. 2023 is calculated as

Total Liabilities=Total Current Liabilities+Total Noncurrent Liabilities
=Total Current Liabilities+(Long-Term Debt & Capital Lease Obligation+Other Long-Term Liabilities
=3.373+(2.114+-0.0010000000000003
+NonCurrent Deferred Liabilities+PensionAndRetirementBenefit)
+1.604+0)
=7.09

Total Liabilities=Total Assets (Q: Dec. 2023 )-Total Equity (Q: Dec. 2023 )
=35.428-28.338
=7.09

* 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.

Hitek Global Total Liabilities Related Terms

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Hitek Global (Hitek Global) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » Hitek Global Inc (NAS:HKIT) » Definitions » Total Liabilities
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Traded in Other Exchanges
4JX:Germany
Address
No. 30 Guanri Road, Siming District, Unit 304, Fujian Province, Phase II, Software Park, Xiamen, CHN
Website
http://www.xmhitek.com
Hitek Global Inc is a provider of information technology consulting and solutions services. The company has two lines of businesses such as services to small and medium businesses, which consist of Anti-Counterfeiting Tax Control System tax devices, including Golden Tax Disk and printers, ACTCS services, and IT services; and services to large businesses, which include hardware sales and software sales. It generates revenues from hardware sales, software sales, IT services, and tax devices and services.