Hitek Global Inc. Ordinary Share (HKIT) - Total Liabilities
Based on the latest financial reports, Hitek Global Inc. Ordinary Share (HKIT) has total liabilities worth $7.67 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.
Hitek Global Inc. Ordinary Share - Total Liabilities Trend (2016–2024)
This chart illustrates how Hitek Global Inc. Ordinary Share's total liabilities have evolved over time, based on quarterly financial data. See how liquid is Hitek Global Inc. Ordinary Share's working capital to evaluate short-term liquidity relative to the company's equity base.
Hitek Global Inc. Ordinary Share Competitors by Total Liabilities
The table below lists competitors of Hitek Global Inc. Ordinary Share ranked by their total liabilities.
| Company | Country | Total Liabilities |
|---|---|---|
|
Canstar Resources Inc
V:ROX
|
Canada | CA$885.18K |
|
Iconic Minerals Ltd
V:ICM
|
Canada | CA$683.50K |
|
Data Storage Corp
NASDAQ:DTST
|
USA | $1.08 Million |
|
Spectrumone publ AB
ST:SPEONE
|
Sweden | Skr40.81 Million |
|
Amesite Operating Co
NASDAQ:AMST
|
USA | $189.98K |
|
Raj Oil Mills Limited
NSE:ROML
|
India | Rs422.09 Million |
|
AuQ Gold Mining Inc
V:AUQ
|
Canada | CA$1.04 Million |
|
PT Winner Nusantara Jaya Tbk
JK:WINR
|
Indonesia | Rp107.74 Billion |
Liability Composition Analysis (2016–2024)
This chart breaks down Hitek Global Inc. Ordinary Share'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 HKIT company net worth.
Liquidity & Leverage Metrics
Key Metrics Explained
| Metric | Value | Description |
|---|---|---|
| Current Ratio | 14.27 | 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 | 0.22 | Measures financial leverage (Total Liabilities ÷ Shareholder Equity) |
| Debt to Assets | 0.18 | 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 Hitek Global Inc. Ordinary Share's debt structure has evolved. The comparison includes total liabilities, long-term debt, and current liabilities.
Annual Total Liabilities for Hitek Global Inc. Ordinary Share (2016–2024)
The table below shows the annual total liabilities of Hitek Global Inc. Ordinary Share from 2016 to 2024.
| Year | Total Liabilities | Change |
|---|---|---|
| 2024-12-31 | $6.27 Million | -11.61% |
| 2023-12-31 | $7.09 Million | -7.66% |
| 2022-12-31 | $7.68 Million | +91.29% |
| 2021-12-31 | $4.01 Million | +23.95% |
| 2020-12-31 | $3.24 Million | +28.02% |
| 2019-12-31 | $2.53 Million | +15.85% |
| 2018-12-31 | $2.18 Million | +11.64% |
| 2017-12-31 | $1.96 Million | -12.88% |
| 2016-12-31 | $2.25 Million | -- |
About Hitek Global Inc. Ordinary Share
Hitek Global Inc., through its subsidiaries, provides information technology (IT) consulting and solutions services to small and medium, and large businesses in China. The company offers anti-counterfeiting tax control system (ACTCS) tax devices, including golden tax disk and printers, ACTCS services, and IT services; and sells software and hardware to large businesses, such as laptops, printers,… Read more