POLARIS WORKS Inc (123010) - Total Liabilities
Based on the latest financial reports, POLARIS WORKS Inc (123010) has total liabilities worth ₩21.88 Billion KRW (≈ $14.83 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.
POLARIS WORKS Inc - Total Liabilities Trend (2014–2024)
This chart illustrates how POLARIS WORKS Inc's total liabilities have evolved over time, based on quarterly financial data. See POLARIS WORKS Inc current assets vs equity to evaluate short-term liquidity relative to the company's equity base.
POLARIS WORKS Inc Competitors by Total Liabilities
The table below lists competitors of POLARIS WORKS Inc ranked by their total liabilities.
| Company | Country | Total Liabilities |
|---|---|---|
|
Impact Coatings publ AB
ST:IMPC
|
Sweden | Skr37.50 Million |
|
Avax One Technology Ltd.
NASDAQ:AVX
|
USA | $7.99 Million |
|
Beshom Holdings Bhd
KLSE:7668
|
Malaysia | RM46.80 Million |
|
MODULIGHT OY EO 1
F:78W
|
Germany | €4.44 Million |
|
Talphera Inc.
NASDAQ:TLPH
|
USA | $12.68 Million |
|
Defense Metals Corp
V:DEFN
|
Canada | CA$628.65K |
|
KPM TECH Co. Ltd
KQ:042040
|
Korea | ₩80.11 Billion |
Liability Composition Analysis (2014–2024)
This chart breaks down POLARIS WORKS Inc'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 market cap of POLARIS WORKS Inc.
Liquidity & Leverage Metrics
Key Metrics Explained
| Metric | Value | Description |
|---|---|---|
| Current Ratio | 1.48 | 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 | 0.73 | Measures financial leverage (Total Liabilities ÷ Shareholder Equity) |
| Debt to Assets | 0.42 | 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 POLARIS WORKS Inc's debt structure has evolved. The comparison includes total liabilities, long-term debt, and current liabilities.
Annual Total Liabilities for POLARIS WORKS Inc (2014–2024)
The table below shows the annual total liabilities of POLARIS WORKS Inc from 2014 to 2024.
| Year | Total Liabilities | Change |
|---|---|---|
| 2024-12-31 | ₩22.13 Billion ≈ $15.00 Million |
-27.79% |
| 2023-12-31 | ₩30.65 Billion ≈ $20.77 Million |
+21.28% |
| 2022-12-31 | ₩25.27 Billion ≈ $17.12 Million |
+44.37% |
| 2021-12-31 | ₩17.50 Billion ≈ $11.86 Million |
+5.44% |
| 2020-12-31 | ₩16.60 Billion ≈ $11.25 Million |
-21.41% |
| 2019-12-31 | ₩21.12 Billion ≈ $14.31 Million |
+82.17% |
| 2018-12-31 | ₩11.59 Billion ≈ $7.86 Million |
+1.96% |
| 2017-12-31 | ₩11.37 Billion ≈ $7.71 Million |
-28.26% |
| 2016-12-31 | ₩15.85 Billion ≈ $10.74 Million |
-11.47% |
| 2015-12-31 | ₩17.91 Billion ≈ $12.13 Million |
-1.45% |
| 2014-12-31 | ₩18.17 Billion ≈ $12.31 Million |
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About POLARIS WORKS Inc
iWIN PLUS CO.,LTD., together with its subsidiaries, provides image sensor packaging and testing solutions in South Korea, Taiwan, China, Germany, and internationally. It operates in three segments: Image Sensor, Automobile Parts, and Mobile Phone Parts. The company offers NeoPac, a photo sensor chip scale package for application in image sensors. It also develops and sells semiconductor chips for… Read more