Majestic Ideal Holdings Ltd Ordinary Shares

NASDAQ:MJID USA Textile Manufacturing
Market Cap
$8.71K
Market Cap Rank
#45174 Global
#14234 in USA
Share Price
$0.95
Change (1 day)
-5.13%
52-Week Range
--
All Time High
$3.30
About

Ping An Biomedical Co., Ltd., through its subsidiaries, provides supply chain management services in the apparel industry in China. Its services include market trend analysis, product design and development, raw material sourcing, production and quality control, and logistics management. The company offers a range of yarn products, textiles, and finished garments; and real estate property investm… Read more

Majestic Ideal Holdings Ltd Ordinary Shares (MJID) - Total Liabilities

Latest total liabilities as of September 2024: $64.04 Million USD

Based on the latest financial reports, Majestic Ideal Holdings Ltd Ordinary Shares (MJID) has total liabilities worth $64.04 Million USD as of September 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.

Majestic Ideal Holdings Ltd Ordinary Shares - Total Liabilities Trend (2021–2024)

This chart illustrates how Majestic Ideal Holdings Ltd Ordinary Shares's total liabilities have evolved over time, based on quarterly financial data. Explore and compare other companies by total liabilities.

Majestic Ideal Holdings Ltd Ordinary Shares Competitors by Total Liabilities

The table below lists competitors of Majestic Ideal Holdings Ltd Ordinary Shares ranked by their total liabilities.

Company Country Total Liabilities
Music Licensing Inc.
PINK:SONG
USA $35.47 Million
CSE GLOBAL (XCC.SG)
STU:XCC
Germany €382.29 Million
Transnational Group Inc
PINK:TAMG
USA $15.22K
Pasquarelli Auto S.p.A.
F:O01
Germany €138.19 Million
Carr's Group plc
LSE:CARR
UK GBX49.08 Million

Liability Composition Analysis (2021–2024)

This chart breaks down Majestic Ideal Holdings Ltd Ordinary Shares'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 0.84 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 -8.91 Measures financial leverage (Total Liabilities ÷ Shareholder Equity)
Debt to Assets 1.13 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 Majestic Ideal Holdings Ltd Ordinary Shares's debt structure has evolved. The comparison includes total liabilities, long-term debt, and current liabilities.

Annual Total Liabilities for Majestic Ideal Holdings Ltd Ordinary Shares (2021–2024)

The table below shows the annual total liabilities of Majestic Ideal Holdings Ltd Ordinary Shares from 2021 to 2024.

Year Total Liabilities Change
2024-09-30 $64.04 Million -25.28%
2023-09-30 $85.70 Million +10.80%
2022-09-30 $77.35 Million +2.08%
2021-09-30 $75.77 Million --