Kwang Myung El (017040) - Total Liabilities
Based on the latest financial reports, Kwang Myung El (017040) has total liabilities worth ₩88.81 Billion KRW (≈ $60.19 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 how efficiently does Kwang Myung El generate cash to assess how effectively this company generates cash.
Kwang Myung El - Total Liabilities Trend (2005–2024)
This chart illustrates how Kwang Myung El's total liabilities have evolved over time, based on quarterly financial data. Check 017040 asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Kwang Myung El Competitors by Total Liabilities
The table below lists competitors of Kwang Myung El ranked by their total liabilities.
| Company | Country | Total Liabilities |
|---|---|---|
|
United Homes Group Inc.
NASDAQ:UHG
|
USA | $219.26 Million |
|
Carmit
TA:CRMT
|
Israel | ILA202.22 Million |
|
Vulcan Minerals Inc.
V:VUL
|
Canada | CA$3.03 Million |
|
Fun Yours Technology Co Ltd
TWO:6482
|
Taiwan | NT$122.61 Million |
|
Embrace Change Acquisition Corp Ordinary Shares
NASDAQ:EMCG
|
USA | $33.67 Million |
|
PlumbFast Co. Ltd
KQ:035200
|
Korea | ₩3.96 Billion |
|
Newtree Co.Ltd
KQ:270870
|
Korea | ₩31.56 Billion |
|
OSK Ventures International Bhd
KLSE:0053
|
Malaysia | RM51.56 Million |
Liability Composition Analysis (2005–2024)
This chart breaks down Kwang Myung El'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 017040 market cap.
Liquidity & Leverage Metrics
Key Metrics Explained
| Metric | Value | Description |
|---|---|---|
| Current Ratio | 0.72 | 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 | 1.79 | Measures financial leverage (Total Liabilities ÷ Shareholder Equity) |
| Debt to Assets | 0.64 | 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 Kwang Myung El's debt structure has evolved. The comparison includes total liabilities, long-term debt, and current liabilities.
Annual Total Liabilities for Kwang Myung El (2005–2024)
The table below shows the annual total liabilities of Kwang Myung El from 2005 to 2024.
| Year | Total Liabilities | Change |
|---|---|---|
| 2024-12-31 | ₩70.39 Billion ≈ $47.70 Million |
+24.55% |
| 2023-12-31 | ₩56.52 Billion ≈ $38.30 Million |
+6.02% |
| 2022-12-31 | ₩53.31 Billion ≈ $36.13 Million |
-2.71% |
| 2021-12-31 | ₩54.79 Billion ≈ $37.13 Million |
-2.33% |
| 2020-12-31 | ₩56.10 Billion ≈ $38.02 Million |
+9.32% |
| 2019-12-31 | ₩51.31 Billion ≈ $34.77 Million |
-3.32% |
| 2018-12-31 | ₩53.07 Billion ≈ $35.97 Million |
-5.34% |
| 2017-12-31 | ₩56.07 Billion ≈ $38.00 Million |
+14.90% |
| 2016-12-31 | ₩48.80 Billion ≈ $33.07 Million |
+11.84% |
| 2015-12-31 | ₩43.63 Billion ≈ $29.57 Million |
-27.15% |
| 2014-12-31 | ₩59.88 Billion ≈ $40.58 Million |
+17.27% |
| 2013-12-31 | ₩51.06 Billion ≈ $34.60 Million |
-24.99% |
| 2012-12-31 | ₩68.07 Billion ≈ $46.13 Million |
+11.68% |
| 2011-12-31 | ₩60.95 Billion ≈ $41.31 Million |
+25.25% |
| 2010-12-31 | ₩48.66 Billion ≈ $32.98 Million |
+20.77% |
| 2009-12-31 | ₩40.29 Billion ≈ $27.31 Million |
-6.13% |
| 2008-12-31 | ₩42.92 Billion ≈ $29.09 Million |
+37.58% |
| 2007-12-31 | ₩31.20 Billion ≈ $21.14 Million |
+65.28% |
| 2006-12-31 | ₩18.88 Billion ≈ $12.79 Million |
-26.31% |
| 2005-12-31 | ₩25.62 Billion ≈ $17.36 Million |
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About Kwang Myung El
Kwang Myung Electric Co.,Ltd manufactures and sells various switchgears in South Korea and internationally. It offers high and low voltage switchgears; metal clad switchgears; gas insulated switchgears; package switchgears; motor control centers; panels boards; low break switches; and circuit brakers. The company also provides AC and DC railway power solutions, as well as smart grid solutions for… Read more