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. Also explore 204620 net assets growth trend to track the company's year-over-year net asset growth rate.

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 Global Tax Free Co. Ltd free cash flow ratio to measure how efficiently the company converts operating cash flow to free cash.

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
Computer Modelling Group Ltd. TO:CMG	Canada	CA$105.06 Million
Hengyuan Refining Company Bhd KLSE:4324	Malaysia	RM3.59 Billion
TrueCar Inc NASDAQ:TRUE	USA	$34.51 Million
Ellomay Capital Ltd TA:ELLO	Israel	ILA726.55 Million
Aurotek Corp TW:6215	Taiwan	NT$1.02 Billion
Zhejiang Lianxiang Smart Home SHG:603272	China	CN¥100.77 Million
Comstock Mining Inc NYSE MKT:LODE	USA	$58.38 Million
Caxton JSE:CAT	South Africa	ZAC1.84 Billion

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 market value of Global Tax Free Co. Ltd.

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

$225.73 Million

₩333.09 Billion KRW

Market Cap Rank

#16027 Global

#541 in Korea

Share Price

₩4740.00

Change (1 day)

+13.13%

52-Week Range

₩4000.00 - ₩6830.00

All Time High

₩8712.50