Magic Empire Global Limited (MEGL) - Total Liabilities
Based on the latest financial reports, Magic Empire Global Limited (MEGL) has total liabilities worth $772.84K USD as of June 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. Explore Magic Empire Global Limited cash flow conversion to assess how effectively this company generates cash.
Magic Empire Global Limited - Total Liabilities Trend (2019–2024)
This chart illustrates how Magic Empire Global Limited's total liabilities have evolved over time, based on quarterly financial data. See Magic Empire Global Limited book value and equity for net asset value and shareholders' equity analysis.
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 |
|---|---|---|
|
Binect AG
XETRA:MA10
|
Germany | €3.31 Million |
|
MetaVia Inc.
NASDAQ:MTVA
|
USA | $8.43 Million |
|
Enquest Plc
LSE:ENQ
|
UK | GBX3.30 Billion |
|
Coloured Ties Capital Inc
V:TIE
|
Canada | CA$1.41 Million |
|
Sonim Technologies Inc
NASDAQ:SONM
|
USA | $40.92 Million |
|
Union Pioneer Public Company Limited
BK:UPF
|
Thailand | ฿144.96 Million |
Liability Composition Analysis (2019–2024)
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 full company profile including market capitalisation, see MEGL market cap overview.
Liquidity & Leverage Metrics
Key Metrics Explained
| Metric | Value | Description |
|---|---|---|
| Current Ratio | 33.37 | 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 | 0.05 | Measures financial leverage (Total Liabilities ÷ Shareholder Equity) |
| Debt to Assets | 0.05 | 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 (2019–2024)
The table below shows the annual total liabilities of Magic Empire Global Limited from 2019 to 2024.
| Year | Total Liabilities | Change |
|---|---|---|
| 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 | +601.93% |
| 2019-12-31 | $1.77 Million | -- |
About Magic Empire Global Limited
Magic Empire Global Limited provides corporate finance advisory services in Hong Kong. The company provides initial public offering sponsorship, financial and independent financial advisory, and post-listing compliance advisory. It also offers corporate services, which include accounting and financial reporting advisory, company secretarial services, internal control enhancement, investor relatio… Read more