RingNet Co. Ltd (042500) - Total Liabilities

Latest as of September 2025: ₩42.63 Billion KRW ≈ $28.89 Million USD

Based on the latest financial reports, RingNet Co. Ltd (042500) has total liabilities worth ₩42.63 Billion KRW (≈ $28.89 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 042500 long-term investment intensity to see how much of total assets are deployed in long-term investments.

RingNet Co. Ltd - Total Liabilities Trend (2011–2024)

This chart illustrates how RingNet Co. Ltd's total liabilities have evolved over time, based on quarterly financial data. For the complete balance sheet picture, see RingNet Co. Ltd (042500) total assets.

RingNet Co. Ltd Competitors by Total Liabilities

The table below lists competitors of RingNet Co. Ltd ranked by their total liabilities.

Company	Country	Total Liabilities
Peninsula Land Limited NSE:PENINLAND	India	Rs5.99 Billion
Duran-Dogan Basim ve Ambalaj Sanayi AS IS:DURDO	Turkey	TL1.36 Billion
Victek Co. Ltd KQ:065450	Korea	₩65.87 Billion
Copenhagen Capital A/S CO:CPHCAP-ST	Denmark	Dkr649.40 Million
Theranexus SA PA:ALTHX	France	€7.64 Million
Sangsangin Industry Co. Ltd. KQ:101000	Korea	₩29.02 Billion
Marpai Inc NASDAQ:MRAI	USA	$46.16 Million
Bilendi PA:ALBLD	France	€100.55 Million

Liability Composition Analysis (2011–2024)

This chart breaks down RingNet Co. Ltd'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. See RingNet Co. Ltd (042500) net asset quality to measure how much of total assets are equity-financed.

Liquidity & Leverage Metrics

Key Metrics Explained

Metric	Value	Description
Current Ratio	2.94	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	0.38	Measures financial leverage (Total Liabilities ÷ Shareholder Equity)
Debt to Assets	0.27	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 RingNet Co. Ltd's debt structure has evolved. The comparison includes total liabilities, long-term debt, and current liabilities.

Annual Total Liabilities for RingNet Co. Ltd (2011–2024)

The table below shows the annual total liabilities of RingNet Co. Ltd from 2011 to 2024.

Year	Total Liabilities	Change
2024-12-31	₩40.92 Billion ≈ $27.73 Million	-26.69%
2023-12-31	₩55.82 Billion ≈ $37.83 Million	-27.96%
2022-12-31	₩77.49 Billion ≈ $52.51 Million	+37.94%
2021-12-31	₩56.18 Billion ≈ $38.07 Million	+3.10%
2020-12-31	₩54.49 Billion ≈ $36.92 Million	+49.63%
2019-12-31	₩36.41 Billion ≈ $24.68 Million	-9.69%
2018-12-31	₩40.32 Billion ≈ $27.33 Million	+32.93%
2017-12-31	₩30.33 Billion ≈ $20.56 Million	-17.20%
2016-12-31	₩36.63 Billion ≈ $24.83 Million	+11.52%
2015-12-31	₩32.85 Billion ≈ $22.26 Million	-0.68%
2014-12-31	₩33.07 Billion ≈ $22.41 Million	-2.81%
2013-12-31	₩34.03 Billion ≈ $23.06 Million	+2.94%
2012-12-31	₩33.06 Billion ≈ $22.40 Million	-4.69%
2011-12-31	₩34.68 Billion ≈ $23.50 Million	--

About RingNet Co. Ltd

KQ:042500 Korea Information Technology Services

Market Cap

$55.72 Million

₩82.22 Billion KRW

Market Cap Rank

#21597 Global

#1279 in Korea

Share Price

₩4255.00

Change (1 day)

+1.19%

52-Week Range

₩3480.00 - ₩6350.00

All Time High

₩8090.00