Elliptic Laboratories AS (ELABS) - Total Liabilities
Based on the latest financial reports, Elliptic Laboratories AS (ELABS) has total liabilities worth Nkr31.87 Million NOK (≈ $3.35 Million USD) as of December 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 cash flow conversion of Elliptic Laboratories AS to assess how effectively this company generates cash.
Elliptic Laboratories AS - Total Liabilities Trend (2017–2025)
This chart illustrates how Elliptic Laboratories AS's total liabilities have evolved over time, based on quarterly financial data. Check financial resilience of Elliptic Laboratories AS to evaluate the company's liquid asset resilience ratio.
Elliptic Laboratories AS Competitors by Total Liabilities
The table below lists competitors of Elliptic Laboratories AS ranked by their total liabilities.
| Company | Country | Total Liabilities |
|---|---|---|
|
MUI Properties Bhd
KLSE:3913
|
Malaysia | RM330.46 Million |
|
Veru Inc
NASDAQ:VERU
|
USA | $10.44 Million |
|
Hipay Group SA
PA:ALHYP
|
France | €173.68 Million |
|
OTRS AG
F:TR9
|
Germany | €7.20 Million |
|
Sol Strategies Inc. Common Shares
NASDAQ:STKE
|
USA | $54.82 Million |
|
Quartz Mountain Resources Ltd
V:QZM
|
Canada | CA$78.81K |
|
New Advanced Electronics Technologies Co Ltd
TWO:3465
|
Taiwan | NT$1.19 Billion |
|
Metrod Holdings Bhd
KLSE:6149
|
Malaysia | RM1.78 Billion |
Liability Composition Analysis (2017–2025)
This chart breaks down Elliptic Laboratories 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. For the full company profile including market capitalisation, see ELABS market cap.
Liquidity & Leverage Metrics
Key Metrics Explained
| Metric | Value | Description |
|---|---|---|
| Current Ratio | 5.61 | 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 | 0.17 | Measures financial leverage (Total Liabilities ÷ Shareholder Equity) |
| Debt to Assets | 0.14 | 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 Elliptic Laboratories AS's debt structure has evolved. The comparison includes total liabilities, long-term debt, and current liabilities.
Annual Total Liabilities for Elliptic Laboratories AS (2017–2025)
The table below shows the annual total liabilities of Elliptic Laboratories AS from 2017 to 2025.
| Year | Total Liabilities | Change |
|---|---|---|
| 2025-12-31 | Nkr31.87 Million ≈ $3.35 Million |
-10.69% |
| 2024-12-31 | Nkr35.69 Million ≈ $3.76 Million |
-16.62% |
| 2023-12-31 | Nkr42.80 Million ≈ $4.50 Million |
+80.57% |
| 2022-12-31 | Nkr23.70 Million ≈ $2.49 Million |
-17.09% |
| 2021-12-31 | Nkr28.59 Million ≈ $3.01 Million |
-6.63% |
| 2020-12-31 | Nkr30.62 Million ≈ $3.22 Million |
-48.40% |
| 2019-12-31 | Nkr59.34 Million ≈ $6.24 Million |
+8.19% |
| 2018-12-31 | Nkr54.84 Million ≈ $5.77 Million |
+106.25% |
| 2017-12-31 | Nkr26.59 Million ≈ $2.80 Million |
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About Elliptic Laboratories AS
Elliptic Laboratories ASA, an artificial intelligence (AI) software company, engages in the provision of AI virtual smart sensors for the smartphone, laptop, Internet of Things, and automotive markets in Norway, the United States, China, South Korea, Taiwan, and Japan. The company offers AI Virtual Human Presence Sensor, a presence-detection solution used to improve the security of data stored on… Read more