Southern States Bancshares Inc (SSBK) - 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. Also explore how fast is Southern States Bancshares Inc growing its equity to track the company's year-over-year net asset growth rate.
Southern States Bancshares Inc - Total Liabilities Trend (2018–2024)
This chart illustrates how Southern States Bancshares Inc's total liabilities have evolved over time, based on quarterly financial data. See Southern States Bancshares Inc free cash flow ratio to measure how efficiently the company converts operating cash flow to free cash.
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 |
|---|---|---|
|
Rechi Precision Co Ltd
TW:4532
|
Taiwan | NT$16.14 Billion |
|
Voxel S.A.
WAR:VOX
|
Poland | zł291.06 Million |
|
LAY-OUT Planning Consultants Co. Ltd.
SHE:300989
|
China | CN¥244.19 Million |
|
Viking Line Abp
HE:VIK1V
|
Finland | €277.00 Million |
|
Tufton Oceanic Assets Ltd
LSE:SHIP
|
UK | $9.36 Million |
|
Tus-Sound Environmental Resources Co Ltd
SHE:000826
|
China | CN¥17.69 Billion |
|
3D Systems Corporation
NYSE:DDD
|
USA | $279.18 Million |
|
Volcon Inc
NASDAQ:VLCN
|
USA | $4.12 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 full company profile including market capitalisation, see Southern States Bancshares Inc (SSBK) total market value.
Liquidity & Leverage Metrics
Key Metrics Explained
| 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