Southern States Bancshares Inc Total Liabilities
Southern States Bancshares Inc total liabilities. Based on the latest financial reports, Southern States Bancshares Inc (SSBK) has total liabilities worth $2.56 Billion USD as of March 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. Check SSBK cash and liquid asset ratio to evaluate the company's liquid asset resilience ratio.
Total Liabilities of Southern States Bancshares Inc (2018–2024)
Total liabilities of Southern States Bancshares Inc from 2018 to 2024. This chart illustrates how Southern States Bancshares Inc's total liabilities have evolved over time, based on quarterly financial data. Explore Southern States Bancshares Inc (SSBK) long-term investment share to see how much of total assets are deployed in long-term investments.
Southern States Bancshares Inc Competitors by Total Liabilities
The table below lists competitors of Southern States Bancshares Inc ranked by their total liabilities.
| Company | Country | Total Liabilities |
|---|---|---|
|
Albatron Technology Co Ltd
TWO:5386
|
Taiwan | NT$5.96 Billion |
|
Robostar Co.Ltd
KQ:090360
|
Korea | ₩22.33 Billion |
|
Viking Line Abp
HE:VIK1V
|
Finland | €277.00 Million |
|
Avidbank Holdings, Inc. Common stock
NASDAQ:AVBH
|
USA | $2.36 Billion |
|
Zhongyan Technology Co Ltd
SHE:003001
|
China | CN¥453.43 Million |
|
BlossomHill Therapeutics, Inc. Common Stock
NASDAQ:BLSM
|
USA | $295.53 Million |
|
Sofwave Medical Ltd
TA:SOFW
|
Israel | ILA22.97 Million |
|
Beijing Kaiwen Education Technology Co Ltd
SHE:002659
|
China | CN¥747.29 Million |
Liability Composition Analysis (2018–2024)
This chart breaks down Southern States Bancshares 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 complete balance sheet picture, see Southern States Bancshares Inc (SSBK) total assets.
Liquidity & Leverage Metrics
Southern States Bancshares Inc Total Liabilities Ratios Explained
Southern States Bancshares Inc total liabilities ratios compare its liabilities with its current assets, cash and shareholder equity.
| Metric | Value | Description |
|---|---|---|
| Current Ratio | 0.12 | 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 | 8.83 | Measures financial leverage (Total Liabilities ÷ Shareholder Equity) |
| Debt to Assets | 0.90 | 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 Southern States Bancshares Inc's debt structure has evolved. The comparison includes total liabilities, long-term debt, and current liabilities.
Annual Total Liabilities for Southern States Bancshares Inc (2018–2024)
The table below shows the annual total liabilities of Southern States Bancshares Inc from 2018 to 2024.
| Year | Total Liabilities | Change |
|---|---|---|
| 2024-12-31 | $2.57 Billion | +15.09% |
| 2023-12-31 | $2.23 Billion | +19.78% |
| 2022-12-31 | $1.86 Billion | +16.03% |
| 2021-12-31 | $1.61 Billion | +34.73% |
| 2020-12-31 | $1.19 Billion | +23.02% |
| 2019-12-31 | $968.85 Million | +22.23% |
| 2018-12-31 | $792.65 Million | -- |
About Southern States Bancshares Inc
Southern States Bancshares, Inc. operates as the bank holding company for Southern States Bank that provides community banking services to businesses and individuals in the United States. The company offers deposit products, including demand deposits accounts, interest-bearing products, savings accounts, and certificate of deposits. It also provides real estate loan products comprising real estat… Read more