Varengold Bank AG (VG8) - Total Liabilities

Latest as of June 2024: €1.03 Billion EUR ≈ $1.21 Billion USD

Based on the latest financial reports, Varengold Bank AG (VG8) has total liabilities worth €1.03 Billion EUR (≈ $1.21 Billion USD) as of June 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. Explore how efficiently does Varengold Bank AG generate cash to assess how effectively this company generates cash.

Varengold Bank AG - Total Liabilities Trend (2013–2023)

This chart illustrates how Varengold Bank AG's total liabilities have evolved over time, based on quarterly financial data. See VG8 book value for net asset value and shareholders' equity analysis.

Varengold Bank AG Competitors by Total Liabilities

The table below lists competitors of Varengold Bank AG ranked by their total liabilities.

Company	Country	Total Liabilities
Finbond Group Ltd JSE:FGL	South Africa	ZAC3.91 Billion
Paru Co. Ltd KQ:043200	Korea	₩33.70 Billion
Kiattana Transport Public Company Limited BK:KIAT	Thailand	฿174.68 Million
UMediC Group Berhad KLSE:0256	Malaysia	RM11.72 Million
GFM Services Bhd KLSE:0039	Malaysia	RM464.44 Million
Lisata Therapeutics Inc. NASDAQ:LSTA	USA	$4.64 Million
Tongyang Pile Inc KQ:228340	Korea	₩5.49 Billion
Tartisan Nickel Corp F:8TA	Germany	€1.32 Million

Liability Composition Analysis (2013–2023)

This chart breaks down Varengold Bank 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 full company profile including market capitalisation, see Varengold Bank AG stock valuation.

Liquidity & Leverage Metrics

Key Metrics Explained

Metric	Value	Description
Current Ratio	N/A	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	12.17	Measures financial leverage (Total Liabilities ÷ Shareholder Equity)
Debt to Assets	0.92	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 Varengold Bank AG's debt structure has evolved. The comparison includes total liabilities, long-term debt, and current liabilities.

Annual Total Liabilities for Varengold Bank AG (2013–2023)

The table below shows the annual total liabilities of Varengold Bank AG from 2013 to 2023.

Year	Total Liabilities	Change
2023-12-31	€1.27 Billion ≈ $1.49 Billion	-6.05%
2022-12-31	€1.36 Billion ≈ $1.59 Billion	-3.86%
2021-12-31	€1.41 Billion ≈ $1.65 Billion	+47.50%
2020-12-31	€956.53 Million ≈ $1.12 Billion	+42.09%
2019-12-31	€673.18 Million ≈ $787.02 Million	+33.00%
2018-12-31	€506.16 Million ≈ $591.76 Million	+18.61%
2017-12-31	€426.75 Million ≈ $498.92 Million	-28.91%
2016-12-31	€600.32 Million ≈ $701.83 Million	+0.25%
2015-12-31	€598.82 Million ≈ $700.08 Million	+75.55%
2014-12-31	€341.10 Million ≈ $398.79 Million	+667.65%
2013-12-31	€44.43 Million ≈ $51.95 Million	--

About Varengold Bank AG

F:VG8 Germany

Market Cap

$33.07 Million

€28.29 Million EUR

Market Cap Rank

#23754 Global

#2062 in Germany

Share Price

€2.82

Change (1 day)

+3.81%

52-Week Range

€2.50 - €2.86

All Time High

€13.54