The Singing Machine Company Inc. Common Stock
The Singing Machine Company, Inc., together with its subsidiaries, engages in the development, marketing, and sale of consumer karaoke audio equipment, accessories, and musical recordings in North America, Australia, the United Kingdom, Europe, and internationally. It offers karaoke products under the Singing Machine brand; licensed karaoke microphone products under the Carpool Karaoke brand; mic… Read more
The Singing Machine Company Inc. Common Stock (MICS) - Total Liabilities
Latest total liabilities as of June 2024: $13.24 Million USD
Based on the latest financial reports, The Singing Machine Company Inc. Common Stock (MICS) has total liabilities worth $13.24 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.
The Singing Machine Company Inc. Common Stock - Total Liabilities Trend (1996–2024)
This chart illustrates how The Singing Machine Company Inc. Common Stock's total liabilities have evolved over time, based on quarterly financial data. Explore and compare other companies by total liabilities.
The Singing Machine Company Inc. Common Stock Competitors by Total Liabilities
The table below lists competitors of The Singing Machine Company Inc. Common Stock ranked by their total liabilities.
| Company | Country | Total Liabilities |
|---|---|---|
|
Diligent Media Corporation Limited
NSE:DNAMEDIA
|
India | ₹4.45 Billion |
|
DISCOVER FNCL SRVCS
MU:DC7
|
Germany | €134.80 Billion |
|
Longwen Group Corp
PINK:LWLW
|
USA | $143.32K |
|
KUEHNE+NAGEL INT N
MU:KNIA
|
Germany | €8.35 Billion |
|
Raise Production Inc
PINK:GLKFF
|
USA | $12.55 Million |
|
Haidemenos S.A.
AT:HAIDE
|
Greece | €14.64 Million |
|
LIGAND PHARMA (LGDN.SG)
STU:LGDN
|
Germany | €113.69 Million |
|
Superior Industries International
NYSE:SUP
|
USA | $756.31 Million |
Liability Composition Analysis (1996–2024)
This chart breaks down The Singing Machine Company Inc. Common Stock'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.
Liquidity & Leverage Metrics
Key Metrics Explained
| Metric | Value | Description |
|---|---|---|
| Current Ratio | 1.30 | 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 | -15.18 | Measures financial leverage (Total Liabilities ÷ Shareholder Equity) |
| Debt to Assets | 1.07 | 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 Singing Machine Company Inc. Common Stock's debt structure has evolved. The comparison includes total liabilities, long-term debt, and current liabilities.
Annual Total Liabilities for The Singing Machine Company Inc. Common Stock (1996–2024)
The table below shows the annual total liabilities of The Singing Machine Company Inc. Common Stock from 1996 to 2024.
| Year | Total Liabilities | Change |
|---|---|---|
| 2024-03-31 | $20.14 Million | +218.75% |
| 2023-03-31 | $6.32 Million | -49.98% |
| 2022-03-31 | $12.63 Million | +42.67% |
| 2021-03-31 | $8.85 Million | -18.88% |
| 2020-03-31 | $10.91 Million | +195.51% |
| 2019-03-31 | $3.69 Million | -24.06% |
| 2018-03-31 | $4.86 Million | +15.93% |
| 2017-03-31 | $4.19 Million | -12.75% |
| 2016-03-31 | $4.81 Million | -41.99% |
| 2015-03-31 | $8.29 Million | +3.33% |
| 2014-03-31 | $8.02 Million | +14.12% |
| 2013-03-31 | $7.03 Million | +11.72% |
| 2012-03-31 | $6.29 Million | -4.32% |
| 2011-03-31 | $6.58 Million | +7.14% |
| 2010-03-31 | $6.14 Million | +6.79% |
| 2009-03-31 | $5.75 Million | +81.40% |
| 2008-03-31 | $3.17 Million | +14.77% |
| 2007-03-31 | $2.76 Million | -66.28% |
| 2006-03-31 | $8.19 Million | -15.20% |
| 2005-03-31 | $9.65 Million | -33.63% |
| 2004-03-31 | $14.54 Million | -31.55% |
| 2003-03-31 | $21.25 Million | +565.23% |
| 2002-03-31 | $3.19 Million | +100.78% |
| 2001-03-31 | $1.59 Million | +261.09% |
| 2000-03-31 | $440.62K | -71.20% |
| 1999-03-31 | $1.53 Million | -72.27% |
| 1997-03-31 | $5.52 Million | +8.45% |
| 1996-03-31 | $5.09 Million | -- |