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 Global Tax Free Co. Ltd (204620) cash conversion ratio to assess how effectively this company generates cash.

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. Check 204620 asset resilience ratio to evaluate the company's liquid asset resilience ratio.

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
Dredging Corporation of India Limited NSE:DREDGECORP	India	Rs16.20 Billion
Yayla Agro Gida Sanayi ve Ticaret A.S. IS:YYLGD	Turkey	TL16.40 Billion
Ege Gubre Sanayi AS IS:EGGUB	Turkey	TL1.87 Billion
Hung Sheng Construction Ltd TW:2534	Taiwan	NT$16.55 Billion
Pekat Group Bhd KLSE:0233	Malaysia	RM270.27 Million
White Gold Corp V:WGO	Canada	CA$16.34 Million
Zhejiang Haiyan Power System Resources Environmental Technology Co. Ltd. A SHG:688565	China	CN¥413.78 Million
Hitit Bilgisayar Hizmetleri AS IS:HTTBT	Turkey	TL655.34 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	--

About Global Tax Free Co. Ltd

KQ:204620 Korea Specialty Business Services

Market Cap

$283.83 Million

₩418.82 Billion KRW

Market Cap Rank

#15190 Global

#568 in Korea

Share Price

₩5960.00

Change (1 day)

-0.67%

52-Week Range

₩4000.00 - ₩7670.00

All Time High

₩8712.50