Brain Scientific Inc
Brain Scientific Inc., a medtech company, provides neurology and motion products in the United States and internationally. It offers NeuroCap, a disposable soft layered cap with an integrated electrode circuit that is designed to address existing problems of conventional electroencephalography (EEG) systems; NeuroEEG amplifier and desktop software used to store and analyze data captured from the … Read more
Brain Scientific Inc (BRSF) - Total Liabilities
Latest total liabilities as of December 2022: $7.43 Million USD
Based on the latest financial reports, Brain Scientific Inc (BRSF) has total liabilities worth $7.43 Million USD as of December 2022.
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.
Brain Scientific Inc - Total Liabilities Trend (2015–2022)
This chart illustrates how Brain Scientific Inc's total liabilities have evolved over time, based on quarterly financial data. Explore and compare other companies by total liabilities.
Brain Scientific Inc Competitors by Total Liabilities
The table below lists competitors of Brain Scientific Inc ranked by their total liabilities.
| Company | Country | Total Liabilities |
|---|---|---|
|
VN MFG & EXPORT PRO
BE:4V2
|
Germany | €54.97 Million |
|
Alina Holdings PLC
LSE:ALNA
|
UK | GBX787.39K |
|
Bionik Laboratories Corp
PINK:BNKL
|
USA | $5.00 Million |
|
Metro One Telecommunications Inc
PINK:WOWI
|
USA | $2.74 Million |
Liability Composition Analysis (2015–2022)
This chart breaks down Brain Scientific 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 | 0.18 | 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 | 1.72 | Measures financial leverage (Total Liabilities ÷ Shareholder Equity) |
| Debt to Assets | 0.63 | 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 Brain Scientific Inc's debt structure has evolved. The comparison includes total liabilities, long-term debt, and current liabilities.
Annual Total Liabilities for Brain Scientific Inc (2015–2022)
The table below shows the annual total liabilities of Brain Scientific Inc from 2015 to 2022.
| Year | Total Liabilities | Change |
|---|---|---|
| 2022-12-31 | $7.43 Million | -47.22% |
| 2021-12-31 | $14.07 Million | +530.18% |
| 2020-12-31 | $2.23 Million | +88.17% |
| 2019-12-31 | $1.19 Million | +406.88% |
| 2018-12-31 | $234.09K | +33.91% |
| 2017-12-31 | $174.81K | +107.57% |
| 2016-12-31 | $84.22K | +84120.00% |
| 2015-12-31 | $100.00 | -- |