Spectra Systems Corporation
Spectra Systems Corporation invents, develops, and sells integrated optical systems in the United States and internationally. It operates through four segments: Authentication Systems, Secure Transactions, Security Printing, and Banknote Cleaning. The company offers integrated solutions, including a system of taggant materials and sensor equipment to authenticate banknotes and security documents;… Read more
Spectra Systems Corporation (SCTQ) - Total Liabilities
Latest total liabilities as of December 2023: $27.98 Million USD
Based on the latest financial reports, Spectra Systems Corporation (SCTQ) has total liabilities worth $27.98 Million USD as of December 2023.
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.
Spectra Systems Corporation - Total Liabilities Trend (2015–2023)
This chart illustrates how Spectra Systems Corporation's total liabilities have evolved over time, based on quarterly financial data. Explore and compare other companies by total liabilities.
Spectra Systems Corporation Competitors by Total Liabilities
The table below lists competitors of Spectra Systems Corporation ranked by their total liabilities.
| Company | Country | Total Liabilities |
|---|---|---|
|
Taiwan Optical Platform Co Ltd
TW:6464
|
Taiwan | NT$9.55 Billion |
|
Bookook Securities Co Ltd
KO:001275
|
Korea | ₩5.53 Trillion |
|
Hitit Bilgisayar Hizmetleri AS
IS:HTTBT
|
Turkey | TL655.34 Million |
|
Baiksan
KO:035150
|
Korea | ₩194.88 Billion |
|
Delta Asia International Corporation
TWO:6762
|
Taiwan | NT$1.64 Billion |
Liability Composition Analysis (2015–2023)
This chart breaks down Spectra Systems Corporation'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 | 1.97 | 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 | 0.89 | Measures financial leverage (Total Liabilities ÷ Shareholder Equity) |
| Debt to Assets | 0.47 | 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 Spectra Systems Corporation's debt structure has evolved. The comparison includes total liabilities, long-term debt, and current liabilities.
Annual Total Liabilities for Spectra Systems Corporation (2015–2023)
The table below shows the annual total liabilities of Spectra Systems Corporation from 2015 to 2023.
| Year | Total Liabilities | Change |
|---|---|---|
| 2023-12-31 | $27.98 Million | +188.65% |
| 2022-12-31 | $9.69 Million | +85.34% |
| 2021-12-31 | $5.23 Million | +11.81% |
| 2020-12-31 | $4.68 Million | +99.68% |
| 2018-12-31 | $2.34 Million | -28.16% |
| 2017-12-31 | $3.26 Million | -2.80% |
| 2016-12-31 | $3.36 Million | -26.31% |
| 2015-12-31 | $4.55 Million | -- |