Incar Financial Service Co. Ltd. (211050) - Total Liabilities
Based on the latest financial reports, Incar Financial Service Co. Ltd. (211050) has total liabilities worth ₩696.18 Billion KRW (≈ $471.79 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.
Incar Financial Service Co. Ltd. - Total Liabilities Trend (2016–2024)
This chart illustrates how Incar Financial Service Co. Ltd.'s total liabilities have evolved over time, based on quarterly financial data. See Incar Financial Service Co. Ltd. current assets vs equity to evaluate short-term liquidity relative to the company's equity base.
Incar Financial Service Co. Ltd. Competitors by Total Liabilities
The table below lists competitors of Incar Financial Service Co. Ltd. ranked by their total liabilities.
| Company | Country | Total Liabilities |
|---|---|---|
|
Guangdong Real-Design Intelligent Technology Co. Ltd.
SHE:301135
|
China | CN¥834.77 Million |
|
Silence Therapeutics PLC
NASDAQ:SLN
|
USA | $72.73 Million |
|
Transcom Inc
TW:5222
|
Taiwan | NT$513.69 Million |
|
Hubei Mailyard Share Co Ltd
SHG:600107
|
China | CN¥297.65 Million |
|
Morguard Real Estate Investment Trust
TO:MRT-UN
|
Canada | CA$1.30 Billion |
|
E1 Corporation
KO:017940
|
Korea | ₩13.31 Trillion |
|
Ratchthani Leasing Public Company Limited
BK:THANI
|
Thailand | ฿26.90 Billion |
|
Cion Investment Corp
NYSE:CION
|
USA | $1.18 Billion |
Liability Composition Analysis (2016–2024)
This chart breaks down Incar Financial Service 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 Incar Financial Service Co. Ltd. (211050) total market value.
Liquidity & Leverage Metrics
Key Metrics Explained
| Metric | Value | Description |
|---|---|---|
| Current Ratio | 1.15 | 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 | 3.46 | Measures financial leverage (Total Liabilities ÷ Shareholder Equity) |
| Debt to Assets | 0.78 | 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 Incar Financial Service Co. Ltd.'s debt structure has evolved. The comparison includes total liabilities, long-term debt, and current liabilities.
Annual Total Liabilities for Incar Financial Service Co. Ltd. (2016–2024)
The table below shows the annual total liabilities of Incar Financial Service Co. Ltd. from 2016 to 2024.
| Year | Total Liabilities | Change |
|---|---|---|
| 2024-12-31 | ₩559.10 Billion ≈ $378.89 Million |
+39.57% |
| 2023-12-31 | ₩400.58 Billion ≈ $271.47 Million |
+83.30% |
| 2022-12-31 | ₩218.53 Billion ≈ $148.10 Million |
+26.01% |
| 2021-12-31 | ₩173.43 Billion ≈ $117.53 Million |
+15.37% |
| 2020-12-31 | ₩150.32 Billion ≈ $101.87 Million |
+0.31% |
| 2019-12-31 | ₩149.86 Billion ≈ $101.56 Million |
+58.47% |
| 2018-12-31 | ₩94.56 Billion ≈ $64.08 Million |
-3.10% |
| 2017-12-31 | ₩97.59 Billion ≈ $66.14 Million |
+157.87% |
| 2016-12-31 | ₩37.84 Billion ≈ $25.65 Million |
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About Incar Financial Service Co. Ltd.
INCAR FINANCIAL SERVICE Co., Ltd. operates as an independent insurance agency in South Korea. The company offers non-life, life, general, and automobile insurance products. It also provides software development, and other financial consulting services. The company was formerly known as Incar Insu Co., Ltd. and changed its name to INCAR FINANCIAL SERVICE Co., Ltd. in July 2014. The company was fou… Read more