GRITEE Inc (204020) - Total Liabilities
Based on the latest financial reports, GRITEE Inc (204020) has total liabilities worth ₩58.81 Billion KRW (≈ $39.85 Million USD) as of December 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 GRITEE Inc (204020) long-term investment share to see how much of total assets are deployed in long-term investments.
GRITEE Inc - Total Liabilities Trend (2015–2025)
This chart illustrates how GRITEE Inc's total liabilities have evolved over time, based on quarterly financial data. For the complete balance sheet picture, see 204020 total assets.
GRITEE Inc Competitors by Total Liabilities
The table below lists competitors of GRITEE Inc ranked by their total liabilities.
| Company | Country | Total Liabilities |
|---|---|---|
|
Nanollose Ltd
AU:NC6
|
Australia | AU$604.51K |
|
Ntaw Holdings Ltd
AU:NTD
|
Australia | AU$240.37 Million |
|
Loop Industries Inc
NASDAQ:LOOP
|
USA | $18.72 Million |
|
Jiyuan Packaging Holdings Ltd
TW:8488
|
Taiwan | NT$3.10 Billion |
|
Sewoo Global Co., Ltd
KO:013000
|
Korea | ₩7.68 Billion |
|
Chonbang
KO:000950
|
Korea | ₩9.17 Billion |
|
Cosmos Exploration Ltd
AU:C1X
|
Australia | AU$159.13K |
|
Siili Solutions Oyj
HE:SIILI
|
Finland | €36.25 Million |
Liability Composition Analysis (2015–2025)
This chart breaks down GRITEE 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. See GRITEE Inc balance sheet quality to measure how much of total assets are equity-financed.
Liquidity & Leverage Metrics
Key Metrics Explained
| Metric | Value | Description |
|---|---|---|
| Current Ratio | 4.62 | 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 | 0.70 | Measures financial leverage (Total Liabilities ÷ Shareholder Equity) |
| Debt to Assets | 0.41 | 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 GRITEE Inc's debt structure has evolved. The comparison includes total liabilities, long-term debt, and current liabilities.
Annual Total Liabilities for GRITEE Inc (2015–2025)
The table below shows the annual total liabilities of GRITEE Inc from 2015 to 2025.
| Year | Total Liabilities | Change |
|---|---|---|
| 2025-12-31 | ₩58.81 Billion ≈ $39.85 Million |
+177.43% |
| 2024-12-31 | ₩21.20 Billion ≈ $14.36 Million |
+16.17% |
| 2023-12-31 | ₩18.25 Billion ≈ $12.37 Million |
-7.97% |
| 2022-12-31 | ₩19.83 Billion ≈ $13.44 Million |
+0.15% |
| 2021-12-31 | ₩19.80 Billion ≈ $13.42 Million |
+29.43% |
| 2020-12-31 | ₩15.30 Billion ≈ $10.37 Million |
-15.29% |
| 2019-12-31 | ₩18.06 Billion ≈ $12.24 Million |
-15.76% |
| 2018-12-31 | ₩21.43 Billion ≈ $14.53 Million |
+21.43% |
| 2017-12-31 | ₩17.65 Billion ≈ $11.96 Million |
+10.84% |
| 2016-12-31 | ₩15.93 Billion ≈ $10.79 Million |
+57.15% |
| 2015-12-31 | ₩10.13 Billion ≈ $6.87 Million |
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About GRITEE Inc
GRITEE, Inc., together with its subsidiaries, engages in the manufacture and sale of apparel in South Korea and China. It also manufactures, wholesales, and retails underwear under the Wonderbra and Playtex brand names. The company was formerly known as MCorset, Inc. GRITEE, Inc. was founded in 1999 and is headquartered in Seoul, Korea.