Trxade Group Inc (MEDS) - Total Liabilities
Based on the latest financial reports, Trxade Group Inc (MEDS) has total liabilities worth $3.06 Million USD as of June 2024. 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.
Trxade Group Inc - Total Liabilities Trend (2006–2023)
This chart illustrates how Trxade Group Inc's total liabilities have evolved over time, based on quarterly financial data. Explore MEDS long-term asset investment ratio to see how much of total assets are deployed in long-term investments.
Trxade Group Inc Competitors by Total Liabilities
The table below lists competitors of Trxade Group Inc ranked by their total liabilities.
| Company | Country | Total Liabilities |
|---|---|---|
|
DecideAct A/S
CO:ACT
|
Denmark | Dkr16.53 Million |
|
Sino Hua-An International Bhd
KLSE:2739
|
Malaysia | RM52.87 Million |
|
Sherborne Investors Guernsey C Ltd
LSE:SIGC
|
UK | GBX83.33K |
|
Mobi724 Global Solutions Inc
V:MOS
|
Canada | CA$15.11 Million |
|
M N C Wireless Bhd
KLSE:0103
|
Malaysia | RM8.80 Million |
|
VR Resources Ltd
V:VRR
|
Canada | CA$193.34K |
|
Biophytis S.A.
PA:ALBPS
|
France | €14.44 Million |
Liability Composition Analysis (2006–2023)
This chart breaks down Trxade 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 MEDS asset base.
Liquidity & Leverage Metrics
Key Metrics Explained
| Metric | Value | Description |
|---|---|---|
| Current Ratio | 4.16 | 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 | 0.26 | Measures financial leverage (Total Liabilities ÷ Shareholder Equity) |
| Debt to Assets | 0.21 | 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 Trxade Group Inc's debt structure has evolved. The comparison includes total liabilities, long-term debt, and current liabilities.
Annual Total Liabilities for Trxade Group Inc (2006–2023)
The table below shows the annual total liabilities of Trxade Group Inc from 2006 to 2023.
| Year | Total Liabilities | Change |
|---|---|---|
| 2023-12-31 | $11.99 Million | +256.10% |
| 2022-12-31 | $3.37 Million | +68.70% |
| 2021-12-31 | $2.00 Million | +79.25% |
| 2020-12-31 | $1.11 Million | -22.20% |
| 2019-12-31 | $1.43 Million | +3.50% |
| 2018-12-31 | $1.38 Million | +48.80% |
| 2017-12-31 | $929.41K | -37.42% |
| 2016-12-31 | $1.49 Million | -15.65% |
| 2015-12-31 | $1.76 Million | +217.99% |
| 2014-12-31 | $553.68K | +102.81% |
| 2013-12-31 | $273.00K | +169.78% |
| 2012-12-31 | $101.19K | -99.79% |
| 2008-12-31 | $48.70 Million | +239975.92% |
| 2007-12-31 | $20.28K | +479.54% |
| 2006-12-31 | $3.50K | -- |
About Trxade Group Inc
TRxADE HEALTH, Inc. operates as health services IT company. It offers an online web-based buying and selling platform for licensed pharmaceutical wholesalers to sell brand, generic, and non-drug products and services to government organizations, hospitals, clinics and independent pharmacies. TRxADE HEALTH, Inc. is headquartered in Tampa, Florida.