Otello Corporation ASA (OTEC) - Total Liabilities
Based on the latest financial reports, Otello Corporation ASA (OTEC) has total liabilities worth Nkr1.70 Million NOK (≈ $178.78K USD) as of June 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.
Otello Corporation ASA - Total Liabilities Trend (2004–2024)
This chart illustrates how Otello Corporation ASA's total liabilities have evolved over time, based on quarterly financial data. See Otello Corporation ASA (OTEC) liquidity to equity ratio to evaluate short-term liquidity relative to the company's equity base.
Otello Corporation ASA Competitors by Total Liabilities
The table below lists competitors of Otello Corporation ASA ranked by their total liabilities.
| Company | Country | Total Liabilities |
|---|---|---|
|
Sotkamo Silver AB
HE:SOSI1
|
Finland | €364.66 Million |
|
TRX Gold Corporation
TO:TNX
|
Canada | CA$25.53 Million |
|
Byrna Technologies Inc
NASDAQ:BYRN
|
USA | $13.41 Million |
|
KULR Technology Group Inc
NYSE MKT:KULR
|
USA | $8.11 Million |
|
Powerwell Holdings Bhd
KLSE:0217
|
Malaysia | RM68.20 Million |
|
GAMSUNG Corporation Co. Ltd
KQ:036620
|
Korea | ₩51.63 Billion |
|
Dohwa Engin
KO:002150
|
Korea | ₩473.43 Billion |
|
Audio Pixels Holdings Ltd
AU:AKP
|
Australia | AU$19.19 Million |
Liability Composition Analysis (2004–2024)
This chart breaks down Otello Corporation ASA'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 OTEC stock market capitalisation.
Liquidity & Leverage Metrics
Key Metrics Explained
| Metric | Value | Description |
|---|---|---|
| Current Ratio | 27.99 | 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 | 0.01 | Measures financial leverage (Total Liabilities ÷ Shareholder Equity) |
| Debt to Assets | 0.01 | 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 Otello Corporation ASA's debt structure has evolved. The comparison includes total liabilities, long-term debt, and current liabilities.
Annual Total Liabilities for Otello Corporation ASA (2004–2024)
The table below shows the annual total liabilities of Otello Corporation ASA from 2004 to 2024.
| Year | Total Liabilities | Change |
|---|---|---|
| 2024-12-31 | Nkr1.33 Million ≈ $140.06K |
+13.86% |
| 2023-12-31 | Nkr1.17 Million ≈ $123.01K |
-51.29% |
| 2022-12-31 | Nkr2.40 Million ≈ $252.55K |
-82.48% |
| 2021-12-31 | Nkr13.70 Million ≈ $1.44 Million |
-88.48% |
| 2020-12-31 | Nkr118.90 Million ≈ $12.51 Million |
+23.47% |
| 2019-12-31 | Nkr96.30 Million ≈ $10.13 Million |
+5.13% |
| 2018-12-31 | Nkr91.60 Million ≈ $9.64 Million |
-45.67% |
| 2017-12-31 | Nkr168.60 Million ≈ $17.74 Million |
-46.86% |
| 2016-12-31 | Nkr317.30 Million ≈ $33.39 Million |
-42.40% |
| 2015-12-31 | Nkr550.90 Million ≈ $57.97 Million |
+24.64% |
| 2014-12-31 | Nkr442.00 Million ≈ $46.51 Million |
+101.83% |
| 2013-12-31 | Nkr219.00 Million ≈ $23.05 Million |
+128.84% |
| 2012-12-31 | Nkr95.70 Million ≈ $10.07 Million |
+95.50% |
| 2011-12-31 | Nkr48.95 Million ≈ $5.15 Million |
-13.48% |
| 2010-12-31 | Nkr56.58 Million ≈ $5.95 Million |
+49.86% |
| 2009-12-31 | Nkr37.75 Million ≈ $3.97 Million |
+28.37% |
| 2008-12-31 | Nkr29.41 Million ≈ $3.09 Million |
+96.23% |
| 2007-12-31 | Nkr14.99 Million ≈ $1.58 Million |
+48.54% |
| 2006-12-31 | Nkr10.09 Million ≈ $1.06 Million |
+91.36% |
| 2005-12-31 | Nkr5.27 Million ≈ $554.82K |
+65.52% |
| 2004-12-31 | Nkr3.19 Million ≈ $335.19K |
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About Otello Corporation ASA
Otello Corporation ASA, through its subsidiary, provides mobile solutions and platforms for digital payments, customer engagement, microfinance, and digital services in Norway. It provides Apps Club subscription service to mobile carriers and smartphone OEMs. The company was formerly known as Opera Software ASA and changed its name to Otello Corporation ASA in January 2018. Otello Corporation ASA… Read more