Dev Information Technology Limited (DEVIT) - Total Liabilities
Based on the latest financial reports, Dev Information Technology Limited (DEVIT) has total liabilities worth Rs782.38 Million INR (≈ $8.46 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. Explore DEVIT cash generation efficiency to assess how effectively this company generates cash.
Dev Information Technology Limited - Total Liabilities Trend (2012–2024)
This chart illustrates how Dev Information Technology Limited's total liabilities have evolved over time, based on quarterly financial data. Check DEVIT financial resilience to evaluate the company's liquid asset resilience ratio.
Dev Information Technology Limited Competitors by Total Liabilities
The table below lists competitors of Dev Information Technology Limited ranked by their total liabilities.
| Company | Country | Total Liabilities |
|---|---|---|
|
ADX Energy Ltd
AU:ADX
|
Australia | AU$28.98 Million |
|
Trinity Watthana Public Company Limited
BK:TNITY
|
Thailand | ฿2.86 Billion |
|
Alma Metals Ltd
AU:ALM
|
Australia | AU$560.22K |
|
Reborn Coffee Inc
NASDAQ:REBN
|
USA | $9.62 Million |
|
Hubei Geoway Investment Co Ltd
SHG:600462
|
China | CN¥310.62 Million |
|
Mesiniaga Bhd
KLSE:5011
|
Malaysia | RM82.94 Million |
|
Aelis Farma SA
PA:AELIS
|
France | €9.46 Million |
|
Evoke Pharma Inc
NASDAQ:EVOK
|
USA | $12.29 Million |
Liability Composition Analysis (2012–2024)
This chart breaks down Dev Information Technology Limited'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 Dev Information Technology Limited market cap and net worth.
Liquidity & Leverage Metrics
Key Metrics Explained
| Metric | Value | Description |
|---|---|---|
| Current Ratio | 1.73 | 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 | 0.04 | Most conservative liquidity measure (Cash & Equivalents ÷ Current Liabilities) |
| Debt to Equity | 0.61 | Measures financial leverage (Total Liabilities ÷ Shareholder Equity) |
| Debt to Assets | 0.38 | 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 Dev Information Technology Limited's debt structure has evolved. The comparison includes total liabilities, long-term debt, and current liabilities.
Annual Total Liabilities for Dev Information Technology Limited (2012–2024)
The table below shows the annual total liabilities of Dev Information Technology Limited from 2012 to 2024.
| Year | Total Liabilities | Change |
|---|---|---|
| 2024-12-31 | Rs533.35 Million ≈ $5.77 Million |
+43.36% |
| 2023-12-31 | Rs372.02 Million ≈ $4.02 Million |
+42.36% |
| 2022-12-31 | Rs261.33 Million ≈ $2.83 Million |
-22.46% |
| 2021-12-31 | Rs337.02 Million ≈ $3.64 Million |
+16.63% |
| 2020-12-31 | Rs288.95 Million ≈ $3.12 Million |
+17.73% |
| 2019-12-31 | Rs245.43 Million ≈ $2.65 Million |
-5.78% |
| 2018-12-31 | Rs260.48 Million ≈ $2.82 Million |
-7.21% |
| 2017-12-31 | Rs280.72 Million ≈ $3.04 Million |
+3.24% |
| 2016-12-31 | Rs271.92 Million ≈ $2.94 Million |
+35.57% |
| 2015-12-31 | Rs200.58 Million ≈ $2.17 Million |
+12.18% |
| 2014-12-31 | Rs178.80 Million ≈ $1.93 Million |
-39.84% |
| 2013-12-31 | Rs297.21 Million ≈ $3.21 Million |
+67.38% |
| 2012-12-31 | Rs177.56 Million ≈ $1.92 Million |
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About Dev Information Technology Limited
Dev Information Technology Limited provides information technology enabled services in India, Europe, and internationally. The company offers cloud services, including cloud advisory, cloud application modernization, managed cloud, enterprise devOps, and backup and recovery services; and managed IT services, such as managed digital workplace and data center support services, as well as applicatio… Read more