Converge Technology Solutions Corp
Converge Technology Solutions Corp. provides software-enabled IT and cloud solutions. Its products and services include advanced analytics, artificial intelligence (AI), application modernization, cloud platforms, cybersecurity, digital infrastructure, and digital workplace offerings. The company also provides managed services and talent services and sells hardware and software products and solut… Read more
Converge Technology Solutions Corp (CTSDF) - Total Liabilities
Latest total liabilities as of December 2024: $1.83 Billion USD
Based on the latest financial reports, Converge Technology Solutions Corp (CTSDF) has total liabilities worth $1.83 Billion USD as of December 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.
Converge Technology Solutions Corp - Total Liabilities Trend (2016–2024)
This chart illustrates how Converge Technology Solutions Corp's total liabilities have evolved over time, based on quarterly financial data. Explore and compare other companies by total liabilities.
Converge Technology Solutions Corp Competitors by Total Liabilities
The table below lists competitors of Converge Technology Solutions Corp ranked by their total liabilities.
| Company | Country | Total Liabilities |
|---|---|---|
|
Xuzhou Handler Special Vehicle Co Ltd
SHE:300201
|
China | CN¥947.07 Million |
|
Thurgauer Kantonalbank
SW:TKBP
|
Switzerland | CHF33.65 Billion |
|
Unilumin Group Co Ltd
SHE:300232
|
China | CN¥6.11 Billion |
|
Barings BDC Inc
NYSE:BBDC
|
USA | $1.48 Billion |
|
TXC Corp
TW:3042
|
Taiwan | NT$8.48 Billion |
Liability Composition Analysis (2016–2024)
This chart breaks down Converge Technology Solutions 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 | 0.93 | 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 | 5.09 | Measures financial leverage (Total Liabilities ÷ Shareholder Equity) |
| Debt to Assets | 0.84 | 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 Converge Technology Solutions Corp's debt structure has evolved. The comparison includes total liabilities, long-term debt, and current liabilities.
Annual Total Liabilities for Converge Technology Solutions Corp (2016–2024)
The table below shows the annual total liabilities of Converge Technology Solutions Corp from 2016 to 2024.
| Year | Total Liabilities | Change |
|---|---|---|
| 2024-12-31 | $1.83 Billion | +18.58% |
| 2023-12-31 | $1.54 Billion | -4.75% |
| 2022-12-31 | $1.62 Billion | +124.73% |
| 2021-12-31 | $720.01 Million | +16.34% |
| 2020-12-31 | $618.87 Million | +24.08% |
| 2019-12-31 | $498.76 Million | +91.24% |
| 2018-12-31 | $260.80 Million | +130.67% |
| 2017-12-31 | $113.06 Million | +41467.65% |
| 2016-12-31 | $272.00K | -- |