Veltex Corporation
Veltex Corporation focuses on the development and acquisition of companies that have modalities in the areas of health, wellness, and recovery. Its target markets include rehab and treatment centers. The company was founded in 1987 and is headquartered in Chicago, Illinois.
Veltex Corporation (VLXC) - Total Liabilities
Latest total liabilities as of June 2025: $3.93 Million USD
Based on the latest financial reports, Veltex Corporation (VLXC) has total liabilities worth $3.93 Million 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.
Veltex Corporation - Total Liabilities Trend (2001–2023)
This chart illustrates how Veltex Corporation's total liabilities have evolved over time, based on quarterly financial data. Explore and compare other companies by total liabilities.
Veltex Corporation Competitors by Total Liabilities
The table below lists competitors of Veltex Corporation ranked by their total liabilities.
| Company | Country | Total Liabilities |
|---|---|---|
|
TANFIELD GRP
BE:XS3A
|
Germany | €72.00K |
|
China Dasheng Biotechnology Company
PINK:CDBT
|
USA | $1.18 Million |
|
Xebra Brands Ltd
OTCQB:XBRAF
|
USA | $638.28K |
|
PP LONDON SUMATRA (PS9A.SG)
STU:PS9A
|
Germany | €1.22 Trillion |
|
Murray Income Trust Plc
OTCQB:MRRYF
|
USA | $167.37K |
Liability Composition Analysis (2001–2023)
This chart breaks down Veltex 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 | 0.26 | 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 | -1.98 | Measures financial leverage (Total Liabilities ÷ Shareholder Equity) |
| Debt to Assets | 2.02 | 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 Veltex Corporation's debt structure has evolved. The comparison includes total liabilities, long-term debt, and current liabilities.
Annual Total Liabilities for Veltex Corporation (2001–2023)
The table below shows the annual total liabilities of Veltex Corporation from 2001 to 2023.
| Year | Total Liabilities | Change |
|---|---|---|
| 2023-12-31 | $2.88 Million | +44.24% |
| 2022-12-31 | $1.99 Million | +56.10% |
| 2021-12-31 | $1.28 Million | +630.39% |
| 2017-12-31 | $174.95K | -4.03% |
| 2016-12-31 | $182.31K | -94.62% |
| 2006-12-31 | $3.39 Million | +34.61% |
| 2005-12-31 | $2.52 Million | -37.24% |
| 2002-12-31 | $4.01 Million | +41.88% |
| 2001-12-31 | $2.83 Million | -- |