ABCO Energy Inc
ABCO Energy, Inc., together with its subsidiaries, operates as an electrical product and services supplier in the United States. The company sells and installs solar photovoltaic electric systems that allow customers to produce power on their residence or business property. It also sells and installs energy efficient lighting products, solar powered streetlights, and lighting accessories to resid… Read more
ABCO Energy Inc (ABCE) - Total Liabilities
Latest total liabilities as of March 2023: $2.78 Million USD
Based on the latest financial reports, ABCO Energy Inc (ABCE) has total liabilities worth $2.78 Million USD as of March 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.
ABCO Energy Inc - Total Liabilities Trend (2013–2022)
This chart illustrates how ABCO Energy Inc's total liabilities have evolved over time, based on quarterly financial data. Explore and compare other companies by total liabilities.
ABCO Energy Inc Competitors by Total Liabilities
The table below lists competitors of ABCO Energy Inc ranked by their total liabilities.
| Company | Country | Total Liabilities |
|---|---|---|
|
AFRICA OIL
MU:AFZ
|
Germany | €67.40 Million |
|
Edita Food Industries Company (S.A.E)
LSE:EFID
|
UK | $5.08 Billion |
|
MICROPORT SCIEN
BE:MSK
|
Germany | €2.53 Billion |
|
Red Tiger Mining Inc
PINK:RDTMF
|
USA | $383.09 Million |
|
Mincon Group P
LSE:MCON
|
UK | GBX59.18 Million |
|
DEEP YELLOW (JMI.SG)
STU:JMI
|
Germany | €10.44 Million |
Liability Composition Analysis (2013–2022)
This chart breaks down ABCO Energy 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 | 0.31 | 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 | -1.68 | Measures financial leverage (Total Liabilities ÷ Shareholder Equity) |
| Debt to Assets | 2.47 | 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 ABCO Energy Inc's debt structure has evolved. The comparison includes total liabilities, long-term debt, and current liabilities.
Annual Total Liabilities for ABCO Energy Inc (2013–2022)
The table below shows the annual total liabilities of ABCO Energy Inc from 2013 to 2022.
| Year | Total Liabilities | Change |
|---|---|---|
| 2022-12-31 | $2.78 Million | +23.73% |
| 2021-12-31 | $2.25 Million | -6.21% |
| 2020-12-31 | $2.40 Million | +7.35% |
| 2019-12-31 | $2.23 Million | +86.40% |
| 2018-12-31 | $1.20 Million | -2.56% |
| 2017-12-31 | $1.23 Million | -1.40% |
| 2016-12-31 | $1.25 Million | +107.36% |
| 2015-12-31 | $601.68K | +18.43% |
| 2014-12-31 | $508.03K | +187.67% |
| 2013-12-31 | $176.60K | -- |