Formetal Co. Ltd (119500) - Total Liabilities
Based on the latest financial reports, Formetal Co. Ltd (119500) has total liabilities worth ₩11.93 Billion KRW (≈ $8.09 Million USD) as of March 2026. 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.
Formetal Co. Ltd - Total Liabilities Trend (2014–2025)
This chart illustrates how Formetal Co. Ltd's total liabilities have evolved over time, based on quarterly financial data. See working capital to net assets of Formetal Co. Ltd to evaluate short-term liquidity relative to the company's equity base.
Formetal Co. Ltd Competitors by Total Liabilities
The table below lists competitors of Formetal Co. Ltd ranked by their total liabilities.
| Company | Country | Total Liabilities |
|---|---|---|
|
Hannet Co. Ltd
KQ:052600
|
Korea | ₩23.59 Billion |
|
Puma Exploration Inc
V:PUMA
|
Canada | CA$1.38 Million |
|
Bioceres Crop Solutions Corp
NASDAQ:BIOX
|
USA | $433.80 Million |
|
Neurosense Therapeutics Ltd
NASDAQ:NRSN
|
USA | $2.20 Million |
|
BRIDGETEC Corp
KQ:064480
|
Korea | ₩13.08 Billion |
|
WOLFTANK-ADISA HLDG O.N.
F:WAH
|
Germany | €90.35 Million |
|
KBC Global Limited
NSE:KBCGLOBAL
|
India | Rs1.77 Billion |
|
Czerwona Torebka
WAR:CZT
|
Poland | zł188.96 Million |
Liability Composition Analysis (2014–2025)
This chart breaks down Formetal 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. For the full company profile including market capitalisation, see Formetal Co. Ltd market cap and net worth.
Liquidity & Leverage Metrics
Key Metrics Explained
| Metric | Value | Description |
|---|---|---|
| Current Ratio | 2.53 | 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 | 0.23 | Measures financial leverage (Total Liabilities ÷ Shareholder Equity) |
| Debt to Assets | 0.19 | 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 Formetal Co. Ltd's debt structure has evolved. The comparison includes total liabilities, long-term debt, and current liabilities.
Annual Total Liabilities for Formetal Co. Ltd (2014–2025)
The table below shows the annual total liabilities of Formetal Co. Ltd from 2014 to 2025.
| Year | Total Liabilities | Change |
|---|---|---|
| 2025-12-31 | ₩10.79 Billion ≈ $7.31 Million |
-11.24% |
| 2024-12-31 | ₩12.16 Billion ≈ $8.24 Million |
-25.53% |
| 2023-12-31 | ₩16.33 Billion ≈ $11.06 Million |
-13.64% |
| 2022-12-31 | ₩18.90 Billion ≈ $12.81 Million |
+8.34% |
| 2021-12-31 | ₩17.45 Billion ≈ $11.83 Million |
-0.08% |
| 2020-12-31 | ₩17.46 Billion ≈ $11.83 Million |
-2.77% |
| 2019-12-31 | ₩17.96 Billion ≈ $12.17 Million |
+3.95% |
| 2018-12-31 | ₩17.28 Billion ≈ $11.71 Million |
-9.30% |
| 2017-12-31 | ₩19.05 Billion ≈ $12.91 Million |
+28.11% |
| 2016-12-31 | ₩14.87 Billion ≈ $10.08 Million |
-10.54% |
| 2015-12-31 | ₩16.62 Billion ≈ $11.27 Million |
-24.38% |
| 2014-12-31 | ₩21.98 Billion ≈ $14.90 Million |
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About Formetal Co. Ltd
Formetal Co., Ltd. operates as a metal forging company in Korea. It is involved in free, metal, composite, and non-ferrous metal forging activities. The company provides RV gears, hold flanges, and shafts for the wind power generation industry; eyes, ice cleats, sprockets, oil caps, wear rings, hubs, wheels, and alex arms for the defense industry; and boom, center, and front bearings, as well as … Read more