Magic Empire Global Limited Total Liabilities
Magic Empire Global Limited total liabilities. Based on the latest financial reports, Magic Empire Global Limited (MEGL) has total liabilities worth $4.61 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. See how many days can Magic Empire Global Limited fund operations to measure how many days the company can operate on defensive assets alone.
Total Liabilities of Magic Empire Global Limited (2019–2025)
Total liabilities of Magic Empire Global Limited from 2019 to 2025. This chart illustrates how Magic Empire Global Limited's total liabilities have evolved over time, based on quarterly financial data. Explore Magic Empire Global Limited (MEGL) investment intensity to see how much of total assets are deployed in long-term investments.
Magic Empire Global Limited Competitors by Total Liabilities
The table below lists competitors of Magic Empire Global Limited ranked by their total liabilities.
| Company | Country | Total Liabilities |
|---|---|---|
|
Contagious Gaming Inc
V:CNS
|
Canada | CA$1.75 Million |
|
MicroStrategy Incorporated 10.00% Series A Perpetual Stride Preferred Stock
NASDAQ:STRD
|
USA | $10.60 Billion |
|
CaNickel Mining Ltd
V:CML
|
Canada | CA$132.62 Million |
|
Sunindo Adipersada Tbk Pt
JK:TOYS
|
Indonesia | Rp109.24 Billion |
|
Lilium NV
NASDAQ:LILM
|
USA | $280.49 Million |
|
M.T.I Wireless Edge Ltd
LSE:MWE
|
UK | GBX16.56 Million |
|
SpectraCure AB
ST:SPEC
|
Sweden | Skr10.92 Million |
|
MEMIONTEC HOLDINGS LTD
F:8900
|
Germany | €25.07 Million |
Liability Composition Analysis (2019–2025)
This chart breaks down Magic Empire Global Limited'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 MEGL current and non-current assets.
Liquidity & Leverage Metrics
Magic Empire Global Limited Total Liabilities Ratios Explained
Magic Empire Global Limited total liabilities ratios compare its liabilities with its current assets, cash and shareholder equity.
| Metric | Value | Description |
|---|---|---|
| Current Ratio | 38.87 | 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 | 0.04 | Measures financial leverage (Total Liabilities ÷ Shareholder Equity) |
| Debt to Assets | 0.04 | 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 Magic Empire Global Limited's debt structure has evolved. The comparison includes total liabilities, long-term debt, and current liabilities.
Annual Total Liabilities for Magic Empire Global Limited (2019–2025)
The table below shows the annual total liabilities of Magic Empire Global Limited from 2019 to 2025.
| Year | Total Liabilities | Change |
|---|---|---|
| 2025-12-31 | $4.61 Million | -30.19% |
| 2024-12-31 | $6.61 Million | +65.57% |
| 2023-12-31 | $3.99 Million | -48.68% |
| 2022-12-31 | $7.77 Million | -61.49% |
| 2021-12-31 | $20.19 Million | +62.66% |
| 2020-12-31 | $12.41 Million | -43.64% |
| 2019-12-31 | $22.02 Million | -- |
About Magic Empire Global Limited
Magic Empire Global Limited, through its subsidiaries, provides corporate finance advisory services in Hong Kong. The company provides initial public offering sponsorship, financial and independent financial advisory, and compliance advisory. It also offers corporate services, which include accounting and financial reporting advisory, company secretarial services, internal control enhancement, in… Read more