OneConnect Financial Technology Co (OneConnect Financial Technology Co) Total Liabilities : $735.2 Mil (As of Mar. 2024)

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What is OneConnect Financial Technology Co Total Liabilities?

OneConnect Financial Technology Co's Total Liabilities for the quarter that ended in Mar. 2024 was $735.2 Mil.

OneConnect Financial Technology Co's quarterly Total Liabilities declined from Sep. 2023 ($737.43 Mil) to Dec. 2023 ($717.15 Mil) but then increased from Dec. 2023 ($717.15 Mil) to Mar. 2024 ($735.16 Mil).

OneConnect Financial Technology Co's annual Total Liabilities declined from Dec. 2021 ($864.39 Mil) to Dec. 2022 ($803.87 Mil) and declined from Dec. 2022 ($803.87 Mil) to Dec. 2023 ($717.15 Mil).

OneConnect Financial Technology Co Total Liabilities Historical Data

The historical data trend for OneConnect Financial Technology Co'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.

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OneConnect Financial Technology Co Total Liabilities Chart

OneConnect Financial Technology Co Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Liabilities

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770.89

856.36

864.39

803.87

717.15

OneConnect Financial 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 Liabilities	Get a 7-Day Free Trial															767.45	744.81	737.43	717.15	735.16

OneConnect Financial Technology Co 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.

OneConnect Financial Technology Co'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
	=	710.495	+	(3.961	+	-4.6185277824407E-14
	+	NonCurrent Deferred Liabilities	+	PensionAndRetirementBenefit)
	+	2.69	+	0)
	=	717.1

Total Liabilities	=	Total Assets (A: Dec. 2023 )	-	Total Equity (A: Dec. 2023 )
	=	1129.99	-	412.844
	=	717.1

OneConnect Financial Technology Co's Total Liabilities for the quarter that ended in Mar. 2024 is calculated as

Total Liabilities	=	Total Current Liabilities	+	Total Noncurrent Liabilities
	=	Total Current Liabilities	+	(Long-Term Debt & Capital Lease Obligation	+	Other Long-Term Liabilities
	=	727.286	+	(0	+	5.45
	+	NonCurrent Deferred Liabilities	+	PensionAndRetirementBenefit)
	+	2.42	+	0)
	=	735.2

Total Liabilities	=	Total Assets (Q: Mar. 2024 )	-	Total Equity (Q: Mar. 2024 )
	=	1130.551	-	395.396
	=	735.2

OneConnect Financial Technology Co Total Liabilities Related Terms

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OneConnect Financial Technology Co (OneConnect Financial Technology Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » OneConnect Financial Technology Co Ltd (NYSE:OCFT) » Definitions » Total Liabilities

Comparable Companies

Traded in Other Exchanges

06638:Hong Kong

Address

No.1 Tairan 7th Road, 10-14th Floor, Block A, Platinum Towers, Futian District, Shenzhen, CHN

Website

https://www.ocft.com

OneConnect Financial Technology Co Ltd is a provider of technology platforms. Its platform provides cloud-native technology solutions that integrate financial services with market technology. The company offers technology applications and technology-enabled business services to financial institutions in China. Its technology solutions cover multiple verticals in the financial services industry, including banking, insurance and asset management, across the full scope of their businesses from sales and marketing and risk management to customer services and operations, as well as technology infrastructures such as data management and cloud services. The firm operates in two segments namely Technology Solutions which is the key revenue driver and Virtual Bank Business.