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. Also explore net asset growth rate of Varengold Bank AG to track the company's year-over-year net asset growth rate.

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 FCF generation index to measure how efficiently the company converts operating cash flow to free cash.

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
Astoria Investments Ltd JSE:ARA	South Africa	ZAC159.11K
Neo Battery Materials Ord Shs V:NBM	Canada	CA$4.54 Million
Cords Cable Industries Limited NSE:CORDSCABLE	India	Rs2.88 Billion
Minco Silver Corporation TO:MSV	Canada	CA$1.73 Million
BayWa Aktiengesellschaft F:BYW	Germany	€9.76 Billion
Exxaro Tiles Limited NSE:EXXARO	India	Rs2.08 Billion
Woory Industrial Holdings Co.Ltd KQ:072470	Korea	₩336.82 Billion
Pacific Booker Minerals Inc. V:BKM	Canada	CA$1.22 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 VG8 stock market capitalisation.

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

#23778 Global

#2069 in Germany

Share Price

€2.82

Change (1 day)

+0.00%

52-Week Range

€2.82 - €2.82

All Time High

€13.54