Hitech Group Australia Ltd (HIT) - Total Liabilities
Based on the latest financial reports, Hitech Group Australia Ltd (HIT) has total liabilities worth AU$6.60 Million AUD (≈ $4.67 Million USD) as of June 2025. Total liabilities represent everything the company owes to external parties, combining both current liabilities—like accounts payable, short-term debt, and accrued expenses—and non-current liabilities such as long-term debt, pension obligations, lease liabilities, and deferred tax liabilities. Explore HIT long-term investments to assets to see how much of total assets are deployed in long-term investments.
Hitech Group Australia Ltd - Total Liabilities Trend (1999–2025)
This chart illustrates how Hitech Group Australia Ltd's total liabilities have evolved over time, based on quarterly financial data. For the complete balance sheet picture, see how large is Hitech Group Australia Ltd's balance sheet.
Hitech Group Australia Ltd Competitors by Total Liabilities
The table below lists competitors of Hitech Group Australia Ltd ranked by their total liabilities.
| Company | Country | Total Liabilities |
|---|---|---|
|
Jeil Steel Mfg Co. Ltd
KQ:023440
|
Korea | ₩60.19 Billion |
|
Dusk Group Ltd
AU:DSK
|
Australia | AU$54.92 Million |
|
TDb Split Corp
TO:XTD
|
Canada | CA$47.56 Million |
|
MFS Investment Grade Municipal Trust
NYSE:CXH
|
USA | $44.83 Million |
|
Foamit Oyj
HE:FOAMIT
|
Finland | €28.84 Million |
|
QMINES LTD
F:81V
|
Germany | €3.41 Million |
|
Workhorse Group Inc
NASDAQ:WKHS
|
USA | $102.96 Million |
|
AMTD IDEA Group
NYSE:AMTD
|
USA | $385.38 Million |
Liability Composition Analysis (1999–2025)
This chart breaks down Hitech Group Australia Ltd's total liabilities into key components over time: long-term debt, short-term debt, other current liabilities, and other non-current liabilities. Toggle between absolute values and percentage view to see how the composition has shifted. See debt-free asset ratio of Hitech Group Australia Ltd to measure how much of total assets are equity-financed.
Liquidity & Leverage Metrics
Key Metrics Explained
| Metric | Value | Description |
|---|---|---|
| Current Ratio | 2.64 | Measures ability to pay short-term obligations (Current Assets ÷ Current Liabilities) |
| Quick Ratio | N/A | More stringent measure of short-term liquidity ((Current Assets - Inventory) ÷ Current Liabilities) |
| Cash Ratio | 1.54 | Most conservative liquidity measure (Cash & Equivalents ÷ Current Liabilities) |
| Debt to Equity | 0.57 | Measures financial leverage (Total Liabilities ÷ Shareholder Equity) |
| Debt to Assets | 0.36 | Portion of assets financed with debt (Total Liabilities ÷ Total Assets) |
Liability Trends Comparison
This chart compares key liability metrics across different time periods, showing how Hitech Group Australia Ltd's debt structure has evolved. The comparison includes total liabilities, long-term debt, and current liabilities.
Annual Total Liabilities for Hitech Group Australia Ltd (1999–2025)
The table below shows the annual total liabilities of Hitech Group Australia Ltd from 1999 to 2025.
| Year | Total Liabilities | Change |
|---|---|---|
| 2025-06-30 | AU$6.60 Million ≈ $4.67 Million |
-15.93% |
| 2024-06-30 | AU$7.85 Million ≈ $5.56 Million |
+1.29% |
| 2023-06-30 | AU$7.75 Million ≈ $5.49 Million |
+39.89% |
| 2022-06-30 | AU$5.54 Million ≈ $3.92 Million |
+15.80% |
| 2021-06-30 | AU$4.79 Million ≈ $3.39 Million |
+15.66% |
| 2020-06-30 | AU$4.14 Million ≈ $2.93 Million |
+106.71% |
| 2019-06-30 | AU$2.00 Million ≈ $1.42 Million |
-5.19% |
| 2018-06-30 | AU$2.11 Million ≈ $1.49 Million |
+25.75% |
| 2017-06-30 | AU$1.68 Million ≈ $1.19 Million |
-25.78% |
| 2016-06-30 | AU$2.26 Million ≈ $1.60 Million |
+28.68% |
| 2015-06-30 | AU$1.76 Million ≈ $1.24 Million |
-8.37% |
| 2014-06-30 | AU$1.92 Million ≈ $1.36 Million |
+303.19% |
| 2013-06-30 | AU$475.82K ≈ $336.67K |
-5.15% |
| 2012-06-30 | AU$501.67K ≈ $354.96K |
-29.23% |
| 2011-06-30 | AU$708.83K ≈ $501.54K |
+43.83% |
| 2010-06-30 | AU$492.84K ≈ $348.71K |
+22.35% |
| 2009-06-30 | AU$402.80K ≈ $285.01K |
+18.32% |
| 2008-06-30 | AU$340.44K ≈ $240.88K |
-45.32% |
| 2007-06-30 | AU$622.57K ≈ $440.51K |
+27.29% |
| 2006-06-30 | AU$489.08K ≈ $346.06K |
+35.49% |
| 2005-06-30 | AU$360.97K ≈ $255.41K |
+17.05% |
| 2004-06-30 | AU$308.39K ≈ $218.21K |
-86.74% |
| 2003-06-30 | AU$2.33 Million ≈ $1.65 Million |
-18.80% |
| 2002-06-30 | AU$2.86 Million ≈ $2.03 Million |
-30.04% |
| 2001-06-30 | AU$4.09 Million ≈ $2.90 Million |
+151.44% |
| 2000-06-30 | AU$1.63 Million ≈ $1.15 Million |
+2130.14% |
| 1999-06-30 | AU$73.00K ≈ $51.65K |
-- |
About Hitech Group Australia Ltd
HiTech Group Australia Limited provides recruitment services for permanent and contract staff to the information and communications technology (ICT) industry in public and private sectors in Australia. The company's ICT contracting services include the provision of ICT professionals for temporary and other non-permanent staffing needs of clients for specific projects. It offers personnel services… Read more