XMax Inc. (XWIN) - Total Liabilities
Based on the latest financial reports, XMax Inc. (XWIN) has total liabilities worth $4.70 Million USD as of September 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 XMax Inc. growing its equity to track the company's year-over-year net asset growth rate.
XMax Inc. - Total Liabilities Trend (2020–2024)
This chart illustrates how XMax Inc.'s total liabilities have evolved over time, based on quarterly financial data. See XMax Inc. (XWIN) free cash flow to measure how efficiently the company converts operating cash flow to free cash.
XMax Inc. Competitors by Total Liabilities
The table below lists competitors of XMax Inc. ranked by their total liabilities.
| Company | Country | Total Liabilities |
|---|---|---|
|
Kretam Holdings Bhd
KLSE:1996
|
Malaysia | RM243.03 Million |
|
Jing Jin Electric Technologies Co Ltd
SHG:688280
|
China | CN¥2.42 Billion |
|
Thaicom Public Company Limited
BK:THCOM
|
Thailand | ฿5.46 Billion |
|
Bhagiradha Chemicals & Industries Limited
NSE:BHAGCHEM
|
India | Rs4.22 Billion |
|
Hanwha Corp Preferred
KO:00088K
|
Korea | ₩237.85 Trillion |
|
Guizhou Yibai Pharmaceutical Co Ltd
SHG:600594
|
China | CN¥1.16 Billion |
|
Tarczynski S.A.
WAR:TAR
|
Poland | zł1.47 Billion |
|
Hillstone Networks Co Ltd
SHG:688030
|
China | CN¥1.18 Billion |
Liability Composition Analysis (2020–2024)
This chart breaks down XMax 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 XWIN market cap overview.
Liquidity & Leverage Metrics
Key Metrics Explained
| Metric | Value | Description |
|---|---|---|
| Current Ratio | 2.78 | 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 | 0.35 | Measures financial leverage (Total Liabilities ÷ Shareholder Equity) |
| Debt to Assets | 0.26 | 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 XMax Inc.'s debt structure has evolved. The comparison includes total liabilities, long-term debt, and current liabilities.
Annual Total Liabilities for XMax Inc. (2020–2024)
The table below shows the annual total liabilities of XMax Inc. from 2020 to 2024.
| Year | Total Liabilities | Change |
|---|---|---|
| 2024-12-31 | $6.79 Million | +18.32% |
| 2023-12-31 | $5.74 Million | +16.67% |
| 2022-12-31 | $4.92 Million | -19.12% |
| 2021-12-31 | $6.09 Million | +9.65% |
| 2020-12-31 | $5.55 Million | -- |
About XMax Inc.
Nova LifeStyle, Inc., through its subsidiaries, designs, manufactures, markets, and sells residential and commercial furniture for middle and upper middle-income consumers North America and internationally. The company offers upholstered, wood, and metal-based furniture pieces for the living, dining, and bedrooms, as well as home offices. Its products include sofas, chairs, dining tables, beds, e… Read more