Penrice Current Liabilities

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.

In accordance with recently published financial statements Penrice Soda Holdings Limited has Current Liabilities of 53 M. This is 99.38% lower than that of Basic Materials sector, and 99.77% lower than that of Chemicals - Major Diversified industry, The Current Liabilities for all stocks is 99.41% higher than the company.