GRITEE Inc Total Liabilities

Latest as of December 2025: ₩58.81 Billion KRW ≈ $39.85 Million USD

GRITEE Inc 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. Check financial resilience of GRITEE Inc to evaluate the company's liquid asset resilience ratio.

Total Liabilities of GRITEE Inc (2015–2025)

Total liabilities of GRITEE Inc from 2015 to 2025. This chart illustrates how GRITEE Inc's total liabilities have evolved over time, based on quarterly financial data. Explore GRITEE Inc long-term investment allocation to see how much of total assets are deployed in long-term investments.

GRITEE Inc Competitors by Total Liabilities

The table below lists competitors of GRITEE Inc ranked by their total liabilities.

Company Country Total Liabilities
Sah Polymers Limited
NSE:SAH
India Rs404.78 Million
Diagnos Laboratorium Utama PT Tbk
JK:DGNS
Indonesia Rp110.07 Billion
Union Materials Corp
KO:047400
Korea ₩123.97 Billion
DigiCAP Co. Ltd
KQ:197140
Korea ₩31.26 Billion
SD SYSTEM Co. Ltd
KQ:121890
Korea ₩1.85 Billion
PPK Group Ltd
AU:PPK
Australia AU$29.42 Million
ALUMEXX N.V. NAM. EO-10
F:NE8F
Germany €32.15 Million
Sangji Caelum Inc
KQ:042940
Korea ₩117.19 Billion

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. For the complete balance sheet picture, see 204020 current and non-current assets.

Liquidity & Leverage Metrics

GRITEE Inc Total Liabilities Ratios Explained

GRITEE Inc total liabilities ratios compare its liabilities with its current assets, cash and shareholder equity.

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
--

About GRITEE Inc

KQ:204020 Korea Apparel Retail
Market Cap
$21.22 Million
₩31.31 Billion KRW
Market Cap Rank
#24728 Global
#1779 in Korea
Share Price
₩1620.00
Change (1 day)
-4.03%
52-Week Range
₩1620.00 - ₩2380.00
All Time High
₩7027.04
About

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.