Global Tax Free Co. Ltd (204620) - Total Liabilities

Latest as of September 2025: ₩53.72 Billion KRW ≈ $36.40 Million USD

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. Explore 204620 strategic capital deployment ratio to see how much of total assets are deployed in long-term investments.

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. For the complete balance sheet picture, see Global Tax Free Co. Ltd (204620) total assets.

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
Cloud Live Technology Group Co Ltd SHE:002306	China	CN¥730.26 Million
Middlefield Banc NASDAQ:MBCN	USA	$1.75 Billion
Talon Metals Corp F:TAO	Germany	€14.09 Million
SC Asset Corporation Public Company Limited BK:SC	Thailand	฿44.31 Billion
Wistron Information Technology & Services TWO:4953	Taiwan	NT$2.27 Billion
LNA Sante SA PA:LNA	France	€1.25 Billion
Escalade Incorporated NASDAQ:ESCA	USA	$51.89 Million
NN Inc NASDAQ:NNBR	USA	$305.28 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. See Global Tax Free Co. Ltd net asset quality index to measure how much of total assets are equity-financed.

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	--

About Global Tax Free Co. Ltd

KQ:204620 Korea Specialty Business Services

Market Cap

$271.93 Million

₩401.26 Billion KRW

Market Cap Rank

#15346 Global

#515 in Korea

Share Price

₩5710.00

Change (1 day)

+0.88%

52-Week Range

₩4000.00 - ₩6830.00

All Time High

₩8712.50