Hengli Petrochemical Co Stock Current Liabilities

600346 Stock   15.31  0.12  0.79%   
Hengli Petrochemical Co fundamentals help investors to digest information that contributes to Hengli Petrochemical's financial success or failures. It also enables traders to predict the movement of Hengli Stock. The fundamental analysis module provides a way to measure Hengli Petrochemical's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Hengli Petrochemical stock.
The current year's Total Current Liabilities is expected to grow to about 130.1 B, whereas Non Current Liabilities Total is forecasted to decline to about 48.8 B.
  
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Hengli Petrochemical Co Company Current Liabilities Analysis

Hengli Petrochemical's Current Liabilities is the company's short term debt. This usually includes obligations that are due within the next 12 months or within one fiscal year. Current liabilities are very important in analyzing a company's financial health as it requires the company to convert some of its current assets into cash.

Current Liabilities

 = 

Payables

+

Accrued Debt

More About Current Liabilities | All Equity Analysis
Current liabilities appear on the company's balance sheet and include all short term debt accounts, accounts and notes payable, accrued liabilities as well as current payments due on the long-term loans. One of the most useful applications of Current Liabilities is the current ratio which is defined as current assets divided by its current liabilities. High current ratios mean that current assets are more than sufficient to pay off current liabilities.
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Hengli Total Current Liabilities

Total Current Liabilities

130.05 Billion

At present, Hengli Petrochemical's Total Current Liabilities is projected to increase significantly based on the last few years of reporting.
In accordance with the recently published financial statements, Hengli Petrochemical Co has a Current Liabilities of 0.0. This is 100.0% lower than that of the Chemicals sector and about the same as Materials (which currently averages 0.0) industry. The current liabilities for all China stocks is 100.0% higher than that of the company.

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Hengli Fundamentals

About Hengli Petrochemical Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Hengli Petrochemical Co's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Hengli Petrochemical using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Hengli Petrochemical Co based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

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Other Information on Investing in Hengli Stock

Hengli Petrochemical financial ratios help investors to determine whether Hengli Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Hengli with respect to the benefits of owning Hengli Petrochemical security.