Vicinity Motor Corp
Vicinity Motor Corp. designs, builds, and distributes a suite of transit buses for public and commercial use under the Vicinity brand in the United States and Canada. It offers electric, CNG, and clean diesel buses, as well as electric trucks and spare parts. The company was formerly known as Grande West Transportation Group Inc. and changed its name to Vicinity Motor Corp. in March 2021. The com… Read more
Vicinity Motor Corp (VEV) - Total Liabilities
Latest total liabilities as of March 2024: $59.03 Million USD
Based on the latest financial reports, Vicinity Motor Corp (VEV) has total liabilities worth $59.03 Million USD as of March 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.
Vicinity Motor Corp - Total Liabilities Trend (2012–2023)
This chart illustrates how Vicinity Motor Corp's total liabilities have evolved over time, based on quarterly financial data. Explore and compare other companies by total liabilities.
Vicinity Motor Corp Competitors by Total Liabilities
The table below lists competitors of Vicinity Motor Corp ranked by their total liabilities.
| Company | Country | Total Liabilities |
|---|---|---|
|
Alpha Trust Andromeda Investment Trust S.A
AT:ANDRO
|
Greece | €2.26 Million |
|
DT.LUFTHANSA N - Dusseldorf Stock Exchang
DU:LHA
|
Germany | €36.23 Billion |
|
VIDAVO S.A.
AT:VIDAVO
|
Greece | €448.20K |
|
Discoverie Group PLC
LSE:DSCV
|
UK | GBX378.10 Million |
|
Hyflux Ltd
PINK:HYFXF
|
USA | $2.71 Billion |
Liability Composition Analysis (2012–2023)
This chart breaks down Vicinity Motor Corp'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 | 0.90 | 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 | 3.15 | Measures financial leverage (Total Liabilities ÷ Shareholder Equity) |
| Debt to Assets | 0.76 | 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 Vicinity Motor Corp's debt structure has evolved. The comparison includes total liabilities, long-term debt, and current liabilities.
Annual Total Liabilities for Vicinity Motor Corp (2012–2023)
The table below shows the annual total liabilities of Vicinity Motor Corp from 2012 to 2023.
| Year | Total Liabilities | Change |
|---|---|---|
| 2023-12-31 | $53.00 Million | +191.20% |
| 2022-12-31 | $18.20 Million | -7.84% |
| 2021-12-31 | $19.75 Million | +2.07% |
| 2020-12-31 | $19.35 Million | +24.83% |
| 2019-12-31 | $15.50 Million | +7.98% |
| 2018-12-31 | $14.35 Million | -40.06% |
| 2017-12-31 | $23.95 Million | +200.94% |
| 2016-12-31 | $7.96 Million | +254.59% |
| 2015-12-31 | $2.24 Million | -10.59% |
| 2014-12-31 | $2.51 Million | -30.73% |
| 2013-12-31 | $3.62 Million | -12.92% |
| 2012-12-31 | $4.16 Million | -- |