ECIT AS
ECIT AS provides IT, finance and accounting, and technology solutions in Norway, Sweden, Denmark, the United Kingdom, Germany, Finland, Poland, Iceland, Lithuania, Romania, and internationally. The company offers finance and accounting services, including accounting, management consulting and support, payroll, budgeting, and HR, as well as reporting/BI, annual reports/tax, advisory, and debt coll… Read more
ECIT AS (ECIT) - Total Liabilities
Latest total liabilities as of June 2024: Nkr2.06 Billion NOK
Based on the latest financial reports, ECIT AS (ECIT) has total liabilities worth Nkr2.06 Billion NOK as of June 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.
ECIT AS - Total Liabilities Trend (2018–2023)
This chart illustrates how ECIT AS's total liabilities have evolved over time, based on quarterly financial data. Explore and compare other companies by total liabilities.
ECIT AS Competitors by Total Liabilities
The table below lists competitors of ECIT AS ranked by their total liabilities.
| Company | Country | Total Liabilities |
|---|---|---|
|
Indigo Acquisition Corp. Ordinary Shares
NASDAQ:INAC
|
USA | $419.38K |
|
Eternal Hospitality Group Co.,Ltd.
PINK:TORIF
|
USA | $10.76 Billion |
|
Cuckoo Homesys Co Ltd
KO:284740
|
Korea | ₩308.07 Billion |
|
Promotora Ambiental S.A.B. de C.V
MX:PASAB
|
Mexico | MX$5.01 Billion |
|
Kim Loong Resources Bhd
KLSE:5027
|
Malaysia | RM445.26 Million |
|
Moury Construct SA
BR:MOUR
|
Belgium | €98.97 Million |
|
Sight Sciences Inc
NASDAQ:SGHT
|
USA | $51.97 Million |
Liability Composition Analysis (2018–2023)
This chart breaks down ECIT AS'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 | 0.94 | 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 | 1.53 | Measures financial leverage (Total Liabilities ÷ Shareholder Equity) |
| Debt to Assets | 0.54 | 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 ECIT AS's debt structure has evolved. The comparison includes total liabilities, long-term debt, and current liabilities.
Annual Total Liabilities for ECIT AS (2018–2023)
The table below shows the annual total liabilities of ECIT AS from 2018 to 2023.
| Year | Total Liabilities | Change |
|---|---|---|
| 2023-12-31 | Nkr1.89 Billion | +7.40% |
| 2022-12-31 | Nkr1.76 Billion | +44.85% |
| 2021-12-31 | Nkr1.21 Billion | +6.80% |
| 2020-12-31 | Nkr1.14 Billion | +62.50% |
| 2019-12-31 | Nkr698.93 Million | +76.04% |
| 2018-12-31 | Nkr397.04 Million | -- |