Lig Assets Inc.
LIG Assets, Inc. focuses on residential and commercial real estate business in the state of Texas. The company purchases commercial and residential real estate properties for resale and rental. It also invests, acquires, finances, and manages commercial properties, such as hotels, apartments, condos, retail, and office buildings; and offers loans for single family homes. The company was founded i… Read more
Lig Assets Inc. (LIGA) - Total Liabilities
Latest total liabilities as of December 2024: $871.14K USD
Based on the latest financial reports, Lig Assets Inc. (LIGA) has total liabilities worth $871.14K USD as of December 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.
Lig Assets Inc. - Total Liabilities Trend (2008–2024)
This chart illustrates how Lig Assets Inc.'s total liabilities have evolved over time, based on quarterly financial data. Explore and compare other companies by total liabilities.
Lig Assets Inc. Competitors by Total Liabilities
The table below lists competitors of Lig Assets Inc. ranked by their total liabilities.
| Company | Country | Total Liabilities |
|---|---|---|
|
China Ivy School Inc
PINK:RGSG
|
USA | $-211.77 |
|
OVOCA GOLD
MU:OVXA
|
Germany | €967.00K |
|
Unitronix Corporation
PINK:UTRX
|
USA | $1.47 Million |
|
Verde Bio Holdings Inc
PINK:APHD
|
USA | $1.60 Million |
|
First Seismic Corp
PINK:FSEI
|
USA | $1.05 Million |
|
TBRDF
PINK:TBRDF
|
USA | $217.97K |
Liability Composition Analysis (2008–2024)
This chart breaks down Lig Assets 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 | N/A | 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 | 0.46 | Measures financial leverage (Total Liabilities ÷ Shareholder Equity) |
| Debt to Assets | 0.31 | 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 Lig Assets Inc.'s debt structure has evolved. The comparison includes total liabilities, long-term debt, and current liabilities.
Annual Total Liabilities for Lig Assets Inc. (2008–2024)
The table below shows the annual total liabilities of Lig Assets Inc. from 2008 to 2024.
| Year | Total Liabilities | Change |
|---|---|---|
| 2024-12-31 | $871.14K | -7.44% |
| 2023-12-31 | $941.18K | -2.73% |
| 2022-12-31 | $967.57K | +60.75% |
| 2021-12-31 | $601.90K | -83.65% |
| 2020-12-31 | $3.68 Million | +23.78% |
| 2019-12-31 | $2.97 Million | +1124.97% |
| 2018-12-31 | $242.75K | +7.29% |
| 2017-12-31 | $226.25K | 0.00% |
| 2016-12-31 | $226.25K | -98.47% |
| 2015-12-31 | $14.80 Million | -5.17% |
| 2014-12-31 | $15.61 Million | -18.75% |
| 2012-12-31 | $19.21 Million | +15.70% |
| 2011-12-31 | $16.60 Million | +1780.60% |
| 2009-12-31 | $882.72K | +22.90% |
| 2008-12-31 | $718.25K | -- |