PDD Holdings Inc. (PDD) - Total Liabilities
Based on the latest financial reports, PDD Holdings Inc. (PDD) has total liabilities worth $215.27 Billion USD as of December 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 PDD Holdings Inc. cash conversion from operations to assess how effectively this company generates cash.
PDD Holdings Inc. - Total Liabilities Trend (2016–2025)
This chart illustrates how PDD Holdings Inc.'s total liabilities have evolved over time, based on quarterly financial data. Check asset resilience ratio of PDD Holdings Inc. to evaluate the company's liquid asset resilience ratio.
PDD Holdings Inc. Competitors by Total Liabilities
The table below lists competitors of PDD Holdings Inc. ranked by their total liabilities.
| Company | Country | Total Liabilities |
|---|---|---|
|
Welltower Inc
NYSE:WELL
|
USA | $24.10 Billion |
|
Novo Nordisk A/S
CO:NOVO-B
|
Denmark | Dkr348.86 Billion |
|
Schneider Electric S.E.
PA:SU
|
France | €38.05 Billion |
|
Siemens Energy AG
F:ENR
|
Germany | €48.59 Billion |
|
ALLIANZ SE UNSP.ADR 1/10
F:ALVE
|
Germany | €957.93 Billion |
|
Southern Copper Corporation
NYSE:SCCO
|
USA | $10.28 Billion |
|
Allianz SE VNA O.N.
XETRA:ALV
|
Germany | €949.07 Billion |
|
Shandong Zhongji Electrical Equipment Co Ltd
SHE:300308
|
China | CN¥11.71 Billion |
Liability Composition Analysis (2016–2025)
This chart breaks down PDD Holdings 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 full company profile including market capitalisation, see PDD stock market capitalisation.
Liquidity & Leverage Metrics
Key Metrics Explained
| Metric | Value | Description |
|---|---|---|
| Current Ratio | 2.45 | 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 | 0.52 | Measures financial leverage (Total Liabilities ÷ Shareholder Equity) |
| Debt to Assets | 0.34 | 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 PDD Holdings Inc.'s debt structure has evolved. The comparison includes total liabilities, long-term debt, and current liabilities.
Annual Total Liabilities for PDD Holdings Inc. (2016–2025)
The table below shows the annual total liabilities of PDD Holdings Inc. from 2016 to 2025.
| Year | Total Liabilities | Change |
|---|---|---|
| 2025-12-31 | $215.27 Billion | +12.29% |
| 2024-12-31 | $191.72 Billion | +19.20% |
| 2023-12-31 | $160.84 Billion | +34.76% |
| 2022-12-31 | $119.35 Billion | +12.49% |
| 2021-12-31 | $106.10 Billion | +7.46% |
| 2020-12-31 | $98.73 Billion | +92.05% |
| 2019-12-31 | $51.41 Billion | +111.05% |
| 2018-12-31 | $24.36 Billion | +101.16% |
| 2017-12-31 | $12.11 Billion | +756.22% |
| 2016-12-31 | $1.41 Billion | -- |
About PDD Holdings Inc.
PDD Holdings Inc., a multinational commerce group that owns and operates a portfolio of businesses. It operates Pinduoduo platform which provides various product categories, including agricultural produce, apparel, shoes, bags, mother and childcare products, food and beverages, consumer electronics, electronic appliances, furniture and household goods, cosmetics and other personal care items, spo… Read more