Volatus Aerospace Corp
Volatus Aerospace Corp. provides integrated drone solutions for commercial and defense markets in Canada, the United States, and the United Kingdom. The company offers drone services, aerial surveillance, cargo solutions, confined space inspection, drone lidar inspection, drone inspection, and wildfire services. It also operates Aerieport drone nesting station, as well as engages in equipment fin… Read more
Volatus Aerospace Corp (VLTTF) - Total Liabilities
Latest total liabilities as of June 2024: $26.95 Million USD
Based on the latest financial reports, Volatus Aerospace Corp (VLTTF) has total liabilities worth $26.95 Million USD 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.
Volatus Aerospace Corp - Total Liabilities Trend (2019–2023)
This chart illustrates how Volatus Aerospace Corp's total liabilities have evolved over time, based on quarterly financial data. Explore and compare other companies by total liabilities.
Volatus Aerospace Corp Competitors by Total Liabilities
The table below lists competitors of Volatus Aerospace Corp ranked by their total liabilities.
| Company | Country | Total Liabilities |
|---|---|---|
|
Ari Real Estate Arena Investment Ltd
TA:ARIN
|
Israel | ILA1.60 Billion |
|
Harvest Technology Group Ltd
AU:HTG
|
Australia | AU$13.46 Million |
|
Vertice Bhd
KLSE:7240
|
Malaysia | RM33.74 Million |
|
APPlife Digital Solutions Inc
OTCQB:ALDS
|
USA | $3.48 Million |
|
Hotel Sahid Jaya Tbk
JK:SHID
|
Indonesia | Rp540.29 Billion |
Liability Composition Analysis (2019–2023)
This chart breaks down Volatus Aerospace Corp'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 | 0.59 | 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 | -23.01 | Measures financial leverage (Total Liabilities ÷ Shareholder Equity) |
| Debt to Assets | 1.08 | 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 Volatus Aerospace Corp's debt structure has evolved. The comparison includes total liabilities, long-term debt, and current liabilities.
Annual Total Liabilities for Volatus Aerospace Corp (2019–2023)
The table below shows the annual total liabilities of Volatus Aerospace Corp from 2019 to 2023.
| Year | Total Liabilities | Change |
|---|---|---|
| 2023-12-31 | $24.34 Million | +25.38% |
| 2022-12-31 | $19.41 Million | +162.02% |
| 2021-12-31 | $7.41 Million | +933.01% |
| 2020-12-31 | $717.21K | +233.62% |
| 2019-12-31 | $214.98K | -- |