The Glimpse Group, Inc. (GGRP) - Total Liabilities
Based on the latest financial reports, The Glimpse Group, Inc. (GGRP) has total liabilities worth $1.05 Million 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.
The Glimpse Group, Inc. - Total Liabilities Trend (2022–2025)
This chart illustrates how The Glimpse Group, Inc.'s total liabilities have evolved over time, based on quarterly financial data. Check asset resilience ratio of The Glimpse Group, Inc. to evaluate the company's liquid asset resilience ratio.
The Glimpse Group, Inc. Competitors by Total Liabilities
The table below lists competitors of The Glimpse Group, Inc. ranked by their total liabilities.
| Company | Country | Total Liabilities |
|---|---|---|
|
Adore Beauty Group Ltd
AU:ABY
|
Australia | AU$69.04 Million |
|
Nuriplan Co. Ltd
KQ:069140
|
Korea | ₩96.67 Billion |
|
Barrel Co. Ltd
KQ:267790
|
Korea | ₩32.33 Billion |
|
Hanwha Investment&Securities Co Ltd Pref
KO:003535
|
Korea | ₩14.19 Trillion |
|
Neonode Inc
NASDAQ:NEON
|
USA | $6.02 Million |
|
Dev Information Technology Limited
NSE:DEVIT
|
India | Rs782.38 Million |
|
Minox International Group Berhad
KLSE:0288
|
Malaysia | RM23.48 Million |
|
Zhongchao Inc
NASDAQ:ZCMD
|
USA | $2.56 Million |
Liability Composition Analysis (2022–2025)
This chart breaks down The Glimpse Group, 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 complete balance sheet picture, see balance sheet size of The Glimpse Group, Inc..
Liquidity & Leverage Metrics
Key Metrics Explained
| Metric | Value | Description |
|---|---|---|
| Current Ratio | 3.42 | 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 | 0.39 | Measures financial leverage (Total Liabilities ÷ Shareholder Equity) |
| Debt to Assets | 0.28 | 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 The Glimpse Group, Inc.'s debt structure has evolved. The comparison includes total liabilities, long-term debt, and current liabilities.
Annual Total Liabilities for The Glimpse Group, Inc. (2022–2025)
The table below shows the annual total liabilities of The Glimpse Group, Inc. from 2022 to 2025.
| Year | Total Liabilities | Change |
|---|---|---|
| 2025-06-30 | $2.34 Million | -41.71% |
| 2024-06-30 | $4.02 Million | -69.21% |
| 2023-06-30 | $13.05 Million | +36.27% |
| 2022-06-30 | $9.58 Million | -- |
About The Glimpse Group, Inc.
The Glimpse Group, Inc., an immersive technology company provides enterprise focused virtual reality (VR), augmented reality (AR), and spatial computing software and services in the United States. It offers Brightline Interactive, an immersive and interactive experience, training scenarios, and simulation for government and commercial customers; sector 5 digital for corporate immersive experience… Read more