Cover Technologies Inc
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Cover Technologies Inc (MGPRF) - Total Liabilities
Latest total liabilities as of September 2025: $1.77 Million USD
Based on the latest financial reports, Cover Technologies Inc (MGPRF) has total liabilities worth $1.77 Million USD as of September 2025.
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.
Cover Technologies Inc - Total Liabilities Trend (2014–2025)
This chart illustrates how Cover Technologies Inc's total liabilities have evolved over time, based on quarterly financial data. Explore and compare other companies by total liabilities.
Cover Technologies Inc Competitors by Total Liabilities
The table below lists competitors of Cover Technologies Inc ranked by their total liabilities.
| Company | Country | Total Liabilities |
|---|---|---|
|
Visionstate Corp
PINK:VSSSF
|
USA | $505.55K |
|
Castle Minerals Ltd
AU:CDT
|
Australia | AU$1.23 Million |
|
Xin Hwa Holdings Bhd
KLSE:5267
|
Malaysia | RM209.05 Million |
|
Bluechiip Ltd
AU:BCT
|
Australia | AU$3.94 Million |
|
I2 Enterprise Public Company Limited
BK:I2
|
Thailand | ฿1.15 Billion |
|
Argent BioPharma Limited
PINK:RGTLF
|
USA | $11.10 Million |
|
CDRL SA
WAR:CDL
|
Poland | zł99.16 Million |
|
AMD Industries Limited
NSE:AMDIND
|
India | ₹1.06 Billion |
Liability Composition Analysis (2014–2025)
This chart breaks down Cover Technologies 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 | 0.20 | 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 | -2.14 | Measures financial leverage (Total Liabilities ÷ Shareholder Equity) |
| Debt to Assets | 1.88 | 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 Cover Technologies Inc's debt structure has evolved. The comparison includes total liabilities, long-term debt, and current liabilities.
Annual Total Liabilities for Cover Technologies Inc (2014–2025)
The table below shows the annual total liabilities of Cover Technologies Inc from 2014 to 2025.
| Year | Total Liabilities | Change |
|---|---|---|
| 2025-12-31 | $1.77 Million | +26.76% |
| 2024-12-31 | $1.40 Million | +5.96% |
| 2023-12-31 | $1.32 Million | +18.95% |
| 2022-12-31 | $1.11 Million | -2.47% |
| 2021-12-31 | $1.14 Million | -35.97% |
| 2020-12-31 | $1.78 Million | +29.91% |
| 2019-12-31 | $1.37 Million | -12.56% |
| 2018-12-31 | $1.57 Million | +96.89% |
| 2017-12-31 | $794.89K | +187.43% |
| 2016-12-31 | $276.55K | +56.11% |
| 2015-12-31 | $177.15K | -97.73% |
| 2014-12-31 | $7.79 Million | -- |