Tae Kwang Corporation (023160) - Total Liabilities
Based on the latest financial reports, Tae Kwang Corporation (023160) has total liabilities worth ₩68.22 Billion KRW (≈ $46.23 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 023160 operating cash flow to assess how effectively this company generates cash.
Tae Kwang Corporation - Total Liabilities Trend (2007–2024)
This chart illustrates how Tae Kwang Corporation's total liabilities have evolved over time, based on quarterly financial data. Check financial resilience of Tae Kwang Corporation to evaluate the company's liquid asset resilience ratio.
Tae Kwang Corporation Competitors by Total Liabilities
The table below lists competitors of Tae Kwang Corporation ranked by their total liabilities.
| Company | Country | Total Liabilities |
|---|---|---|
|
Shenzhen Prince New Materials Co Ltd
SHE:002735
|
China | CN¥1.40 Billion |
|
Akso Health Group ADR
NASDAQ:AHG
|
USA | $13.73 Million |
|
Shanghai Maling Aquarius Co Ltd
SHG:600073
|
China | CN¥6.98 Billion |
|
Costar Group Co Ltd
SHE:002189
|
China | CN¥2.17 Billion |
|
Johns LYNG Group Ltd
AU:JLG
|
Australia | AU$524.22 Million |
|
Shandong Sanyuan Biotechnology Co.Ltd.
SHE:301206
|
China | CN¥166.97 Million |
|
RIAMB (Beijing) Tech Dvlp Co
SHG:603082
|
China | CN¥2.69 Billion |
|
Suzhou Longway Electronic Machinery Co. Ltd. A
SHE:301202
|
China | CN¥597.95 Million |
Liability Composition Analysis (2007–2024)
This chart breaks down Tae Kwang Corporation'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 Tae Kwang Corporation stock valuation.
Liquidity & Leverage Metrics
Key Metrics Explained
| Metric | Value | Description |
|---|---|---|
| Current Ratio | 8.42 | 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 | 0.11 | Measures financial leverage (Total Liabilities ÷ Shareholder Equity) |
| Debt to Assets | 0.09 | 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 Tae Kwang Corporation's debt structure has evolved. The comparison includes total liabilities, long-term debt, and current liabilities.
Annual Total Liabilities for Tae Kwang Corporation (2007–2024)
The table below shows the annual total liabilities of Tae Kwang Corporation from 2007 to 2024.
| Year | Total Liabilities | Change |
|---|---|---|
| 2024-12-31 | ₩50.85 Billion ≈ $34.46 Million |
-0.10% |
| 2023-12-31 | ₩50.90 Billion ≈ $34.50 Million |
-55.31% |
| 2022-12-31 | ₩113.91 Billion ≈ $77.19 Million |
+64.95% |
| 2021-12-31 | ₩69.05 Billion ≈ $46.80 Million |
+71.26% |
| 2020-12-31 | ₩40.32 Billion ≈ $27.33 Million |
-21.98% |
| 2019-12-31 | ₩51.68 Billion ≈ $35.02 Million |
+39.83% |
| 2018-12-31 | ₩36.96 Billion ≈ $25.05 Million |
+6.08% |
| 2017-12-31 | ₩34.84 Billion ≈ $23.61 Million |
-11.66% |
| 2016-12-31 | ₩39.44 Billion ≈ $26.73 Million |
-22.15% |
| 2015-12-31 | ₩50.66 Billion ≈ $34.33 Million |
-5.56% |
| 2014-12-31 | ₩53.64 Billion ≈ $36.35 Million |
-14.12% |
| 2012-12-31 | ₩62.46 Billion ≈ $42.33 Million |
-10.94% |
| 2011-12-31 | ₩70.14 Billion ≈ $47.53 Million |
+37.39% |
| 2010-12-31 | ₩51.05 Billion ≈ $34.59 Million |
-5.24% |
| 2009-12-31 | ₩53.87 Billion ≈ $36.51 Million |
-38.09% |
| 2008-12-31 | ₩87.01 Billion ≈ $58.96 Million |
+33.48% |
| 2007-12-31 | ₩65.18 Billion ≈ $44.17 Million |
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About Tae Kwang Corporation
Tae Kwang Corporation manufactures, supplies, and sells butt weld pipe fittings for oil and gas, chemical and petrochemical, power plant, and shipbuilding businesses in Korea and internationally. The company offers butt-welding fittings, including carbon, stainless, and alloy steel, such as elbows, tees, reducers, caps, stub ends, laterals, long bends, and crosses, as well as special, jacket, and… Read more