Mi Chang Oil (003650) - Total Liabilities
Based on the latest financial reports, Mi Chang Oil (003650) has total liabilities worth ₩54.57 Billion KRW (≈ $36.98 Million USD) as of September 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 Mi Chang Oil cash flow conversion to assess how effectively this company generates cash.
Mi Chang Oil - Total Liabilities Trend (2009–2024)
This chart illustrates how Mi Chang Oil's total liabilities have evolved over time, based on quarterly financial data. Check 003650 asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Mi Chang Oil Competitors by Total Liabilities
The table below lists competitors of Mi Chang Oil ranked by their total liabilities.
| Company | Country | Total Liabilities |
|---|---|---|
|
Verb Technology Company Inc
NASDAQ:VERB
|
USA | $22.42 Million |
|
Greystone Housing Impact Investors LP
NYSE:GHI
|
USA | $1.10 Billion |
|
Raj Rayon Industries Limited
NSE:RAJRILTD
|
India | Rs4.52 Billion |
|
Bertrandt Aktiengesellschaft
XETRA:BDT
|
Germany | €451.97 Million |
|
Calin Technology Co Ltd
TW:4976
|
Taiwan | NT$395.88 Million |
|
Audio Pixels Holdings Ltd
AU:AKP
|
Australia | AU$19.19 Million |
|
Moorim P&P Co Ltd
KO:009580
|
Korea | ₩1.15 Trillion |
Liability Composition Analysis (2009–2024)
This chart breaks down Mi Chang Oil'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 003650 market cap.
Liquidity & Leverage Metrics
Key Metrics Explained
| Metric | Value | Description |
|---|---|---|
| Current Ratio | 8.87 | 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 | 0.12 | Measures financial leverage (Total Liabilities ÷ Shareholder Equity) |
| Debt to Assets | 0.11 | 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 Mi Chang Oil's debt structure has evolved. The comparison includes total liabilities, long-term debt, and current liabilities.
Annual Total Liabilities for Mi Chang Oil (2009–2024)
The table below shows the annual total liabilities of Mi Chang Oil from 2009 to 2024.
| Year | Total Liabilities | Change |
|---|---|---|
| 2024-12-31 | ₩76.42 Billion ≈ $51.79 Million |
+48.73% |
| 2023-12-31 | ₩51.38 Billion ≈ $34.82 Million |
+42.01% |
| 2022-12-31 | ₩36.18 Billion ≈ $24.52 Million |
-20.68% |
| 2021-12-31 | ₩45.62 Billion ≈ $30.91 Million |
+31.51% |
| 2020-12-31 | ₩34.69 Billion ≈ $23.51 Million |
-7.30% |
| 2019-12-31 | ₩37.42 Billion ≈ $25.36 Million |
+13.01% |
| 2018-12-31 | ₩33.11 Billion ≈ $22.44 Million |
+0.58% |
| 2017-12-31 | ₩32.92 Billion ≈ $22.31 Million |
-9.48% |
| 2016-12-31 | ₩36.36 Billion ≈ $24.64 Million |
+1.66% |
| 2015-12-31 | ₩35.77 Billion ≈ $24.24 Million |
+67.25% |
| 2014-12-31 | ₩21.39 Billion ≈ $14.49 Million |
-14.97% |
| 2013-12-31 | ₩25.15 Billion ≈ $17.04 Million |
-28.45% |
| 2012-12-31 | ₩35.15 Billion ≈ $23.82 Million |
-23.24% |
| 2011-12-31 | ₩45.79 Billion ≈ $31.03 Million |
-8.74% |
| 2010-12-31 | ₩50.18 Billion ≈ $34.00 Million |
-4.42% |
| 2009-12-31 | ₩52.50 Billion ≈ $35.58 Million |
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About Mi Chang Oil
Michang Oil Ind. Co., Ltd. engages in the petrochemical business in South Korea. It offers automotive lubricants, including motor, gasoline engine, diesel engine, gear, and automatic transmission oils, as well as other application oils; and transformer oils. The company also provides industrial lubricants, such as hydraulic, gear, turbine, and heat transfer oils; and rubber process oils comprisin… Read more