Spinnova Oy (SPINN) - Total Liabilities
Based on the latest financial reports, Spinnova Oy (SPINN) has total liabilities worth €12.00 Million EUR (≈ $14.03 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.
Spinnova Oy - Total Liabilities Trend (2018–2024)
This chart illustrates how Spinnova Oy's total liabilities have evolved over time, based on quarterly financial data. See Spinnova Oy current assets vs equity to evaluate short-term liquidity relative to the company's equity base.
Spinnova Oy Competitors by Total Liabilities
The table below lists competitors of Spinnova Oy ranked by their total liabilities.
| Company | Country | Total Liabilities |
|---|---|---|
|
Castec Korea Co Ltd
KQ:071850
|
Korea | ₩145.93 Billion |
|
Bliss Properti Indonesia Tbk PT
JK:POSA
|
Indonesia | Rp1.19 Trillion |
|
Formetal Co. Ltd
KQ:119500
|
Korea | ₩11.93 Billion |
|
GTN Ltd
AU:GTN
|
Australia | AU$115.94 Million |
|
Getin Holding SA
WAR:GTN
|
Poland | zł521.01 Million |
|
Seojin Automotive Co.Ltd
KQ:122690
|
Korea | ₩1.62 Trillion |
|
Silver Bear Resources Inc
TO:SBR
|
Canada | CA$469.50 Million |
|
VIP Clothing Limited
NSE:VIPCLOTHNG
|
India | Rs1.34 Billion |
Liability Composition Analysis (2018–2024)
This chart breaks down Spinnova Oy'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 SPINN stock market capitalisation.
Liquidity & Leverage Metrics
Key Metrics Explained
| Metric | Value | Description |
|---|---|---|
| Current Ratio | 12.91 | 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 | 0.65 | Most conservative liquidity measure (Cash & Equivalents ÷ Current Liabilities) |
| Debt to Equity | 0.27 | Measures financial leverage (Total Liabilities ÷ Shareholder Equity) |
| Debt to Assets | 0.21 | 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 Spinnova Oy's debt structure has evolved. The comparison includes total liabilities, long-term debt, and current liabilities.
Annual Total Liabilities for Spinnova Oy (2018–2024)
The table below shows the annual total liabilities of Spinnova Oy from 2018 to 2024.
| Year | Total Liabilities | Change |
|---|---|---|
| 2024-12-31 | €12.12 Million ≈ $14.18 Million |
+7.43% |
| 2023-12-31 | €11.29 Million ≈ $13.19 Million |
-24.72% |
| 2022-12-31 | €14.99 Million ≈ $17.53 Million |
+53.59% |
| 2021-12-31 | €9.76 Million ≈ $11.41 Million |
+25.29% |
| 2020-12-31 | €7.79 Million ≈ $9.11 Million |
+3.27% |
| 2019-12-31 | €7.54 Million ≈ $8.82 Million |
+163.78% |
| 2018-12-31 | €2.86 Million ≈ $3.34 Million |
-- |
About Spinnova Oy
Spinnova Oyj produces and sells natural fibre materials in Finland and internationally. The company produces Spinnova textile fibres, which is made from a range of raw materials, including wood to leather, textile, agricultural, food industry and beverage waste. Spinnova Oyj was incorporated in 2014 and is headquartered in Jyväskylä, Finland.