MINDs Lab Inc. (377480) - Total Liabilities
Based on the latest financial reports, MINDs Lab Inc. (377480) has total liabilities worth ₩30.32 Billion KRW (≈ $20.55 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 how efficiently does MINDs Lab Inc. generate cash to assess how effectively this company generates cash.
MINDs Lab Inc. - Total Liabilities Trend (2019–2024)
This chart illustrates how MINDs Lab Inc.'s total liabilities have evolved over time, based on quarterly financial data. Check 377480 asset resilience ratio to evaluate the company's liquid asset resilience ratio.
MINDs Lab Inc. Competitors by Total Liabilities
The table below lists competitors of MINDs Lab Inc. ranked by their total liabilities.
| Company | Country | Total Liabilities |
|---|---|---|
|
Micro Digital Co. Ltd
KQ:305090
|
Korea | ₩34.46 Billion |
|
Optimax Holdings Sdn Bhd
KLSE:0222
|
Malaysia | RM64.64 Million |
|
Emperor Energy Ltd
AU:EMP
|
Australia | AU$426.64K |
|
Drilling Tools International Corp.
NASDAQ:DTI
|
USA | $106.28 Million |
|
Hoffmann Green Cement Technologies
PA:ALHGR
|
France | €34.06 Million |
|
Galantas Gold Corp
V:GAL
|
Canada | CA$3.91 Million |
|
Iodm Ltd
AU:IOD
|
Australia | AU$2.07 Million |
|
Stillwater Critical Minerals Corp
V:PGE
|
Canada | CA$2.18 Million |
Liability Composition Analysis (2019–2024)
This chart breaks down MINDs Lab Inc.'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 MINDs Lab Inc. market capitalisation.
Liquidity & Leverage Metrics
Key Metrics Explained
| Metric | Value | Description |
|---|---|---|
| Current Ratio | 1.51 | 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 | 1.17 | Measures financial leverage (Total Liabilities ÷ Shareholder Equity) |
| Debt to Assets | 0.54 | 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 MINDs Lab Inc.'s debt structure has evolved. The comparison includes total liabilities, long-term debt, and current liabilities.
Annual Total Liabilities for MINDs Lab Inc. (2019–2024)
The table below shows the annual total liabilities of MINDs Lab Inc. from 2019 to 2024.
| Year | Total Liabilities | Change |
|---|---|---|
| 2024-12-31 | ₩36.41 Billion ≈ $24.68 Million |
+2.37% |
| 2023-12-31 | ₩35.57 Billion ≈ $24.10 Million |
+191.25% |
| 2022-12-31 | ₩12.21 Billion ≈ $8.28 Million |
+118.16% |
| 2021-12-31 | ₩5.60 Billion ≈ $3.79 Million |
-92.76% |
| 2020-12-31 | ₩77.32 Billion ≈ $52.40 Million |
+24.20% |
| 2019-12-31 | ₩62.25 Billion ≈ $42.19 Million |
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About MINDs Lab Inc.
Maum.AI, Inc. operates as an AI service provider in South Korea and internationally. Its services are based on online information, data analysis consulting, and computer programming. The company was founded in 2014 and is headquartered in Seongnam-si, South Korea.