Global Tax Free Co. Ltd (204620) - Total Liabilities
Based on the latest financial reports, Global Tax Free Co. Ltd (204620) has total liabilities worth ₩53.72 Billion KRW (≈ $36.40 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.
Global Tax Free Co. Ltd - Total Liabilities Trend (2016–2024)
This chart illustrates how Global Tax Free Co. Ltd's total liabilities have evolved over time, based on quarterly financial data. See working capital position of Global Tax Free Co. Ltd to evaluate short-term liquidity relative to the company's equity base.
Global Tax Free Co. Ltd Competitors by Total Liabilities
The table below lists competitors of Global Tax Free Co. Ltd ranked by their total liabilities.
| Company | Country | Total Liabilities |
|---|---|---|
|
Octave Specialty Group, Inc.
NYSE:OSG
|
USA | $622.20 Million |
|
Xingda International Holdings Limited
F:XDH
|
Germany | €12.33 Billion |
|
Nusantara Infrastructure Tbk
JK:META
|
Indonesia | Rp506.79 Billion |
|
Nevgold Corp.
V:NAU
|
Canada | CA$4.69 Million |
|
Steamships Trading Company Ltd
AU:SST
|
Australia | AU$785.45 Million |
|
Jack In The Box Inc
NASDAQ:JACK
|
USA | $3.53 Billion |
|
Rubellite Energy Inc
TO:RBY
|
Canada | CA$234.57 Million |
Liability Composition Analysis (2016–2024)
This chart breaks down Global Tax Free 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 204620 market cap overview.
Liquidity & Leverage Metrics
Key Metrics Explained
| Metric | Value | Description |
|---|---|---|
| Current Ratio | 3.68 | 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 | 0.41 | Measures financial leverage (Total Liabilities ÷ Shareholder Equity) |
| Debt to Assets | 0.26 | 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 Global Tax Free Co. Ltd's debt structure has evolved. The comparison includes total liabilities, long-term debt, and current liabilities.
Annual Total Liabilities for Global Tax Free Co. Ltd (2016–2024)
The table below shows the annual total liabilities of Global Tax Free Co. Ltd from 2016 to 2024.
| Year | Total Liabilities | Change |
|---|---|---|
| 2024-12-31 | ₩46.17 Billion ≈ $31.29 Million |
-20.86% |
| 2023-12-31 | ₩58.34 Billion ≈ $39.53 Million |
-0.35% |
| 2022-12-31 | ₩58.54 Billion ≈ $39.67 Million |
+8.32% |
| 2021-12-31 | ₩54.05 Billion ≈ $36.63 Million |
+51.28% |
| 2020-12-31 | ₩35.73 Billion ≈ $24.21 Million |
-33.56% |
| 2019-12-31 | ₩53.78 Billion ≈ $36.44 Million |
+40.59% |
| 2018-12-31 | ₩38.25 Billion ≈ $25.92 Million |
+221.27% |
| 2017-12-31 | ₩11.91 Billion ≈ $8.07 Million |
+731.93% |
| 2016-12-31 | ₩1.43 Billion ≈ $969.86K |
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About Global Tax Free Co. Ltd
Global Tax Free Co., Ltd. operates as tax refund company for foreign tourists in South Korea, Singapore, Japan, and France. The company offers electronic tax refund system; and marketing services for clients and merchants. It also engages in the manufacturing and online and offline sales of cosmetics; and construction and sales of IT. The company was formerly known as TAX FREE KOREA CO., LTD. and… Read more