Ming Le Sports AG Total Liabilities
Ming Le Sports AG total liabilities. Based on the latest financial reports, Ming Le Sports AG (ML2) has total liabilities worth €38.13K EUR (≈ $44.58K USD) as of December 2024. 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. Check ML2 asset liquidity ratio to evaluate the company's liquid asset resilience ratio.
Total Liabilities of Ming Le Sports AG (2017–2024)
Total liabilities of Ming Le Sports AG from 2017 to 2024. This chart illustrates how Ming Le Sports AG's total liabilities have evolved over time, based on quarterly financial data.
Ming Le Sports AG Competitors by Total Liabilities
The table below lists competitors of Ming Le Sports AG ranked by their total liabilities.
| Company | Country | Total Liabilities |
|---|---|---|
|
NAHL Group PLC
LSE:NAH
|
UK | GBX23.38 Million |
|
finnCap Group PLC
LSE:CAV
|
UK | GBX49.24 Million |
|
Sosandar Plc
LSE:SOS
|
UK | GBX11.14 Million |
|
Sejahtera Bintang Abadi Textile Tbk
JK:SBAT
|
Indonesia | Rp495.54 Billion |
|
Portmeirion Group PLC
LSE:PMP
|
UK | GBX48.98 Million |
|
Sino-German United AG
F:SGU
|
Germany | €1.03 Million |
|
PCI Biotech Holding ASA
OL:PCIB
|
Norway | Nkr6.01 Million |
|
Abingdon Health Plc
LSE:ABDX
|
UK | GBX4.25 Million |
Liability Composition Analysis (2017–2024)
This chart breaks down Ming Le Sports AG'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. For the complete balance sheet picture, see ML2 current and non-current assets.
Liquidity & Leverage Metrics
Ming Le Sports AG Total Liabilities Ratios Explained
Ming Le Sports AG total liabilities ratios compare its liabilities with its current assets, cash and shareholder equity.
| Metric | Value | Description |
|---|---|---|
| Current Ratio | 287.12 | 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 | N/A | Most conservative liquidity measure (Cash & Equivalents ÷ Current Liabilities) |
| Debt to Equity | 0.03 | Measures financial leverage (Total Liabilities ÷ Shareholder Equity) |
| Debt to Assets | 0.03 | 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 Ming Le Sports AG's debt structure has evolved. The comparison includes total liabilities, long-term debt, and current liabilities.
Annual Total Liabilities for Ming Le Sports AG (2017–2024)
The table below shows the annual total liabilities of Ming Le Sports AG from 2017 to 2024.
| Year | Total Liabilities | Change |
|---|---|---|
| 2024-12-31 | €38.13K ≈ $44.58K |
-0.29% |
| 2023-12-31 | €38.24K ≈ $44.71K |
-17.19% |
| 2022-12-31 | €46.18K ≈ $53.99K |
+33.09% |
| 2021-12-31 | €34.70K ≈ $40.56K |
-41.23% |
| 2020-12-31 | €59.04K ≈ $69.03K |
-77.47% |
| 2019-12-31 | €262.09K ≈ $306.42K |
-23.58% |
| 2018-12-31 | €342.99K ≈ $400.99K |
+24.24% |
| 2017-12-31 | €276.07K ≈ $322.76K |
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About Ming Le Sports AG
Ming Le Sports AG engages in the research, development, manufacturing, sale, and distribution of footwear, clothing, accessories, and sporting goods in Germany and internationally. The company was incorporated in 2011 and is based in Mühltal, Germany.