Ionic Brands Corp
Ionic Brands Corp., through its subsidiaries, provides services and products ancillary to the cannabis production and processing industry in Washington and Oregon. It offers cannabis oils and concentrates, infusions, and distillates; vaporizers; and hard goods, such as cartridges, applicators, pens, jars, etc. The company's cannabis production and processing services and products, including the l… Read more
Ionic Brands Corp (IONKF) - Total Liabilities
Latest total liabilities as of September 2023: $3.06 Million USD
Based on the latest financial reports, Ionic Brands Corp (IONKF) has total liabilities worth $3.06 Million USD as of September 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.
Ionic Brands Corp - Total Liabilities Trend (2014–2021)
This chart illustrates how Ionic Brands Corp's total liabilities have evolved over time, based on quarterly financial data. Explore and compare other companies by total liabilities.
Ionic Brands Corp Competitors by Total Liabilities
The table below lists competitors of Ionic Brands Corp ranked by their total liabilities.
| Company | Country | Total Liabilities |
|---|---|---|
|
SINGULUS TECHNOLOGI - Dusseldorf Stock Exchang
DU:SNG
|
Germany | €111.00 Million |
|
SH INDUSTRIAL
MU:SGI
|
Germany | €101.85 Billion |
|
AREV NanoTec Brands Inc
PINK:AREVF
|
USA | $1.38 Million |
Liability Composition Analysis (2014–2021)
This chart breaks down Ionic Brands Corp'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 | 0.35 | 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 | 2.01 | Measures financial leverage (Total Liabilities ÷ Shareholder Equity) |
| Debt to Assets | 0.68 | 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 Ionic Brands Corp's debt structure has evolved. The comparison includes total liabilities, long-term debt, and current liabilities.
Annual Total Liabilities for Ionic Brands Corp (2014–2021)
The table below shows the annual total liabilities of Ionic Brands Corp from 2014 to 2021.
| Year | Total Liabilities | Change |
|---|---|---|
| 2021-12-31 | $10.39 Million | -51.67% |
| 2020-12-31 | $21.49 Million | +26.70% |
| 2019-12-31 | $16.97 Million | +10824.90% |
| 2018-12-31 | $155.29K | +7.69% |
| 2017-12-31 | $144.21K | -84.13% |
| 2016-12-31 | $908.47K | +1159.23% |
| 2015-12-31 | $72.14K | -84.91% |
| 2014-12-31 | $478.13K | -- |