Payfare Inc
Payfare Inc., a financial technology company, provides instant payout and digital banking solutions to gig economy workers in Canada, the United States, and Mexico. The company offers PayFare, a platform that provides access to earnings, as well as banking services, such as ATM withdrawals, money transfers, payment cards, and mobile wallets; Paid Portal by Payfare, a payout solution for gig workf… Read more
Payfare Inc (PYFRF) - Total Liabilities
Latest total liabilities as of September 2024: $281.03 Million USD
Based on the latest financial reports, Payfare Inc (PYFRF) has total liabilities worth $281.03 Million USD as of September 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.
Payfare Inc - Total Liabilities Trend (2016–2023)
This chart illustrates how Payfare Inc's total liabilities have evolved over time, based on quarterly financial data. Explore and compare other companies by total liabilities.
Payfare Inc Competitors by Total Liabilities
The table below lists competitors of Payfare Inc ranked by their total liabilities.
| Company | Country | Total Liabilities |
|---|---|---|
|
Frontage Holdings Corporation
PINK:FGHQF
|
USA | $202.83 Million |
|
Future Vision II Acquisition Corporation Units
NASDAQ:FVNNU
|
USA | $158.00K |
|
Cheryong Industrial Co.Ltd
KQ:147830
|
Korea | ₩13.83 Billion |
|
Creative Newtech Limited
NSE:CREATIVE
|
India | ₹4.47 Billion |
|
Midas Minerals Ltd
AU:MM1
|
Australia | AU$287.49K |
|
Reinet Investments SCA
JSE:RNI
|
South Africa | ZAC2.00 Million |
|
Maxigen Biotech Inc
TW:1783
|
Taiwan | NT$234.00 Million |
|
U-Media Communications
TWO:6470
|
Taiwan | NT$544.94 Million |
Liability Composition Analysis (2016–2023)
This chart breaks down Payfare Inc'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 | 1.24 | 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 | 3.22 | Measures financial leverage (Total Liabilities ÷ Shareholder Equity) |
| Debt to Assets | 0.76 | 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 Payfare Inc's debt structure has evolved. The comparison includes total liabilities, long-term debt, and current liabilities.
Annual Total Liabilities for Payfare Inc (2016–2023)
The table below shows the annual total liabilities of Payfare Inc from 2016 to 2023.
| Year | Total Liabilities | Change |
|---|---|---|
| 2023-12-31 | $230.40 Million | +37.59% |
| 2022-12-31 | $167.45 Million | -5.09% |
| 2021-12-31 | $176.42 Million | +302.09% |
| 2020-12-31 | $43.88 Million | +28.86% |
| 2019-12-31 | $34.05 Million | +148.65% |
| 2018-12-31 | $13.69 Million | +43.80% |
| 2017-12-31 | $9.52 Million | +2507.93% |
| 2016-12-31 | $365.14K | -- |