Global Tech Industries Group Inc
Global Tech Industries Group, Inc. does not significant operations. Previously, the company was engaged in operation of a cryptocurrency marketplace in the United States. It intends to acquire companies with significant growth opportunities. The company was formerly known as Tree Top Industries, Inc. and changed its name to Global Tech Industries Group, Inc. in July 2016. Global Tech Industries G… Read more
Global Tech Industries Group Inc (GTII) - Total Liabilities
Latest total liabilities as of March 2024: $8.33 Million USD
Based on the latest financial reports, Global Tech Industries Group Inc (GTII) has total liabilities worth $8.33 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.
Global Tech Industries Group Inc - Total Liabilities Trend (1999–2023)
This chart illustrates how Global Tech Industries Group Inc's total liabilities have evolved over time, based on quarterly financial data. Explore and compare other companies by total liabilities.
Global Tech Industries Group Inc Competitors by Total Liabilities
The table below lists competitors of Global Tech Industries Group Inc ranked by their total liabilities.
| Company | Country | Total Liabilities |
|---|---|---|
|
Manaksia Aluminium Company Limited
NSE:MANAKALUCO
|
India | ₹3.96 Billion |
|
Nikola Corp
NASDAQ:NKLA
|
USA | $656.80 Million |
|
Mint Incorporation Limited Class A Ordinary Shares
NASDAQ:MIMI
|
USA | $1.78 Million |
|
Aurora Energy Metals Ltd
AU:1AE
|
Australia | AU$208.63K |
|
Auga Group AB
STU:W9Z
|
Germany | €172.99 Million |
|
Athabasca Minerals Inc
V:ABM
|
Canada | CA$435.05K |
|
Moving iMage Technologies Inc
NYSE MKT:MITQ
|
USA | $4.46 Million |
Liability Composition Analysis (1999–2023)
This chart breaks down Global Tech Industries 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 | 0.36 | 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 | -1.18 | Measures financial leverage (Total Liabilities ÷ Shareholder Equity) |
| Debt to Assets | 6.53 | 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 Global Tech Industries Group Inc's debt structure has evolved. The comparison includes total liabilities, long-term debt, and current liabilities.
Annual Total Liabilities for Global Tech Industries Group Inc (1999–2023)
The table below shows the annual total liabilities of Global Tech Industries Group Inc from 1999 to 2023.
| Year | Total Liabilities | Change |
|---|---|---|
| 2023-12-31 | $8.33 Million | -5.73% |
| 2022-12-31 | $8.84 Million | +94.45% |
| 2021-12-31 | $4.55 Million | +123.63% |
| 2020-12-31 | $2.03 Million | -64.66% |
| 2019-12-31 | $5.75 Million | +5.03% |
| 2018-12-31 | $5.48 Million | +22.96% |
| 2017-12-31 | $4.45 Million | +34.37% |
| 2016-12-31 | $3.31 Million | -0.23% |
| 2015-12-31 | $3.32 Million | +9.57% |
| 2014-12-31 | $3.03 Million | +11.87% |
| 2013-12-31 | $2.71 Million | -52.92% |
| 2012-12-31 | $5.76 Million | +23.92% |
| 2011-12-31 | $4.65 Million | +22.92% |
| 2010-12-31 | $3.78 Million | +51.90% |
| 2009-12-31 | $2.49 Million | +118.17% |
| 2008-12-31 | $1.14 Million | +9.96% |
| 2007-12-31 | $1.04 Million | +47.44% |
| 2006-12-31 | $703.32K | +28.65% |
| 2005-12-31 | $546.71K | 0.00% |
| 2004-12-31 | $546.71K | +6.09% |
| 2003-12-31 | $515.35K | -4.09% |
| 2002-12-31 | $537.31K | -21.22% |
| 2001-12-31 | $682.00K | -29.71% |
| 2000-12-31 | $970.22K | +531.28% |
| 1999-12-31 | $153.69K | -- |