ChoiceOne Financial Services Inc (COFS) - Total Liabilities
Based on the latest financial reports, ChoiceOne Financial Services Inc (COFS) has total liabilities worth $3.92 Billion USD as of March 2026. 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 ChoiceOne Financial Services Inc equity growth rate to track the company's year-over-year net asset growth rate.
ChoiceOne Financial Services Inc - Total Liabilities Trend (1994–2025)
This chart illustrates how ChoiceOne Financial Services Inc's total liabilities have evolved over time, based on quarterly financial data. See ChoiceOne Financial Services Inc free cash flow generation to measure how efficiently the company converts operating cash flow to free cash.
ChoiceOne Financial Services Inc Competitors by Total Liabilities
The table below lists competitors of ChoiceOne Financial Services Inc ranked by their total liabilities.
| Company | Country | Total Liabilities |
|---|---|---|
|
Bannari Amman Sugars Limited
NSE:BANARISUG
|
India | Rs2.44 Billion |
|
TPI Polene Power Public Company Limited
BK:TPIPP
|
Thailand | ฿32.10 Billion |
|
Styrenix Performance Materials Limited
NSE:STYRENIX
|
India | Rs10.50 Billion |
|
Jiangxi Huawu Brake Co Ltd
SHE:300095
|
China | CN¥1.36 Billion |
|
The Anup Engineering Limited
NSE:ANUP
|
India | Rs3.61 Billion |
|
Mstc Limited
NSE:MSTCLTD
|
India | Rs11.83 Billion |
|
Shandong Homey Aquatic Development Co Ltd
SHG:600467
|
China | CN¥3.40 Billion |
|
China BlueChemical Ltd
F:H1Q
|
Germany | €4.87 Billion |
Liability Composition Analysis (1994–2025)
This chart breaks down ChoiceOne Financial Services 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 ChoiceOne Financial Services Inc (COFS) market capitalisation.
Liquidity & Leverage Metrics
Key Metrics Explained
| Metric | Value | Description |
|---|---|---|
| Current Ratio | N/A | 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 | 8.35 | Measures financial leverage (Total Liabilities ÷ Shareholder Equity) |
| Debt to Assets | 0.89 | 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 ChoiceOne Financial Services Inc's debt structure has evolved. The comparison includes total liabilities, long-term debt, and current liabilities.
Annual Total Liabilities for ChoiceOne Financial Services Inc (1994–2025)
The table below shows the annual total liabilities of ChoiceOne Financial Services Inc from 1994 to 2025.
| Year | Total Liabilities | Change |
|---|---|---|
| 2025-12-31 | $3.95 Billion | +60.19% |
| 2024-12-31 | $2.46 Billion | +3.43% |
| 2023-12-31 | $2.38 Billion | +7.40% |
| 2022-12-31 | $2.22 Billion | +3.36% |
| 2021-12-31 | $2.15 Billion | +26.77% |
| 2020-12-31 | $1.69 Billion | +41.72% |
| 2019-12-31 | $1.19 Billion | +102.35% |
| 2018-12-31 | $590.07 Million | +3.52% |
| 2017-12-31 | $569.99 Million | +6.41% |
| 2016-12-31 | $535.67 Million | +7.59% |
| 2015-12-31 | $497.90 Million | +2.99% |
| 2014-12-31 | $483.45 Million | +6.72% |
| 2013-12-31 | $453.02 Million | +1.03% |
| 2012-12-31 | $448.41 Million | +2.37% |
| 2011-12-31 | $438.01 Million | +2.77% |
| 2010-12-31 | $426.21 Million | +3.20% |
| 2009-12-31 | $412.99 Million | +0.39% |
| 2008-12-31 | $411.37 Million | -1.35% |
| 2007-12-31 | $417.01 Million | +0.45% |
| 2006-12-31 | $415.13 Million | +83.37% |
| 2005-12-31 | $226.39 Million | +7.19% |
| 2004-12-31 | $211.22 Million | +8.37% |
| 2003-12-31 | $194.90 Million | +1.00% |
| 2002-12-31 | $192.97 Million | +7.49% |
| 2001-12-31 | $179.52 Million | -2.23% |
| 2000-12-31 | $183.60 Million | +4.19% |
| 1999-12-31 | $176.22 Million | +14.09% |
| 1998-12-31 | $154.46 Million | +9.71% |
| 1997-12-31 | $140.79 Million | +10.69% |
| 1996-12-31 | $127.19 Million | +32.31% |
| 1995-12-31 | $96.13 Million | +3.08% |
| 1994-12-31 | $93.26 Million | -- |
About ChoiceOne Financial Services Inc
ChoiceOne Financial Services, Inc. operates as the bank holding company for ChoiceOne Bank that provides various banking services in the Michigan. The company offers time, savings, and demand deposits, safe deposits, and automated transaction machine services. It also provides commercial lending products, such as business, industry, agricultural, construction, inventory, commercial, consumer, and… Read more