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Liaoning Fu-An Heavy Industry Co (SHSE:603315) Total Current Liabilities : ¥1,240 Mil (As of Jun. 2024)


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What is Liaoning Fu-An Heavy Industry 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. Liaoning Fu-An Heavy Industry Co's total current liabilities for the quarter that ended in Jun. 2024 was ¥1,240

Liaoning Fu-An Heavy Industry Co Total Current Liabilities Historical Data

The historical data trend for Liaoning Fu-An Heavy Industry 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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Liaoning Fu-An Heavy Industry Co Total Current Liabilities Chart

Liaoning Fu-An Heavy Industry 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 607.13 725.92 1,039.00 1,247.14 1,228.23

Liaoning Fu-An Heavy Industry Co Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 1,133.83 1,072.68 1,228.23 1,137.45 1,239.70

Liaoning Fu-An Heavy Industry 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.

Liaoning Fu-An Heavy Industry 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
=483.037+573.043
+Other Current Liabilities+Current Deferred Liabilities
=172.154+0
=1,228

Liaoning Fu-An Heavy Industry Co's Total Current Liabilities for the quarter that ended in Jun. 2024 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=574.401+510.901
+Other Current Liabilities+Current Deferred Liabilities
=154.399+0
=1,240

* 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

Liaoning Fu-An Heavy Industry Co Total Current Liabilities Related Terms

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Liaoning Fu-An Heavy Industry Co Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Liaoning Fu-An Heavy Industry Co Ltd (SHSE:603315) » Definitions » Total Current Liabilities
Comparable Companies
SZSE:002418 SHSE:600992 SHSE:600117 SZSE:002443 SHSE:603028 SHSE:605158 SZSE:300881 SZSE:000926 SHSE:603878 SHSE:600784 NUE XKRX:005490 BOM:500228 TSE:5401 SHSE:600019 XAMS:MT NSE:TATASTEEL STLD RS MIC:CHMF
Traded in Other Exchanges
N/A
Address
No.8, Anzheng Road, Qianshan District, Anshan, CHN, 114016
Website
http://www.lnfa.com.cn
Liaoning Fu-An Heavy Industry Co Ltd is engaged in the manufacturing of heavy steel castings products. According to the use, its products can be divided into thermal power equipment Castings, hydroelectric equipment castings, other power generation equipment castings and other castings. The main thermal power products include high/medium pressure internal and external cylinders; Valve body/cylinder. Hydropower products include upper crown, lower ring, runner body, Thrust heads, blades, ball valve bodies. Rail transit products include internal combustion engine bogies.
Executives
Han Yue Hai Director
Yin Chen Yang Director
Mu Jian Hua Director
Yu Guang Yu senior management
Liu Ying Chun senior management
Qin Shuai Directors, senior managers
Li Jian senior management
Liu Ai Guo Directors, senior managers
Zhang Yi Yan Supervisors
Shi Peng Directors, senior managers
Li Jing Directors, senior managers
Wu Di senior management
Gou Min Supervisors
Lv Shi Ping Director
Li Min Supervisors

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