Axis Technologies Group Inc
Axis Technologies Group, Inc., through its subsidiary, Axis Technologies, Inc., designs, manufactures, and markets a range of daylight harvesting fluorescent lighting ballasts for the commercial lighting industry in North America. The company offers patented T8 Axis Daylight Harvesting Dimming Ballast, which are used to reduce the lighting energy costs. It also develops a line of dimming and dayl… Read more
Axis Technologies Group Inc (AXTG) - Total Liabilities
Latest total liabilities as of March 2024: $17.78 Million USD
Based on the latest financial reports, Axis Technologies Group Inc (AXTG) has total liabilities worth $17.78 Million USD as of March 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.
Axis Technologies Group Inc - Total Liabilities Trend (1997–2023)
This chart illustrates how Axis Technologies Group Inc's total liabilities have evolved over time, based on quarterly financial data. Explore and compare other companies by total liabilities.
Axis Technologies Group Inc Competitors by Total Liabilities
The table below lists competitors of Axis Technologies Group Inc ranked by their total liabilities.
| Company | Country | Total Liabilities |
|---|---|---|
|
Dakshidin Corporatio
PINK:DKSC
|
USA | $408.67K |
|
Tytan Holdings Inc
PINK:TYTN
|
USA | $1.12 Million |
|
RCABS Inc
PINK:AXXA
|
USA | $20.40 Million |
|
Calissio Resources Group Inc
PINK:CRGP
|
USA | $4.69 Million |
|
Innovativ Media Group Inc
PINK:DMAN
|
USA | $251.84K |
|
Hear Atlast Holdings Inc
PINK:HRAL
|
USA | $3.21 Million |
|
Esken Ltd
STU:1SJ
|
Germany | €416.94 Million |
|
Human Unitec International Inc
PINK:HMNU
|
USA | $31.44 Million |
Liability Composition Analysis (1997–2023)
This chart breaks down Axis Technologies Group 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 | 0.03 | 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 | -1.11 | Measures financial leverage (Total Liabilities ÷ Shareholder Equity) |
| Debt to Assets | 10.25 | 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 Axis Technologies Group Inc's debt structure has evolved. The comparison includes total liabilities, long-term debt, and current liabilities.
Annual Total Liabilities for Axis Technologies Group Inc (1997–2023)
The table below shows the annual total liabilities of Axis Technologies Group Inc from 1997 to 2023.
| Year | Total Liabilities | Change |
|---|---|---|
| 2023-12-31 | $17.78 Million | -1.11% |
| 2022-12-31 | $17.98 Million | +4510.07% |
| 2021-12-31 | $389.91K | +122.81% |
| 2020-12-31 | $175.00K | 0.00% |
| 2019-12-31 | $175.00K | -93.80% |
| 2009-12-31 | $2.82 Million | +113.26% |
| 2008-12-31 | $1.32 Million | +74.56% |
| 2007-12-31 | $758.12K | +6.54% |
| 2006-12-31 | $711.58K | +456.20% |
| 1999-12-31 | $127.94K | -36.03% |
| 1998-12-31 | $200.00K | -77.78% |
| 1997-12-31 | $900.00K | -- |