Micro Imaging Technology Inc
Micro Imaging Technology, Inc. engages in the development of fluid monitoring systems for food safety and clinical industries in the United States. The company is developing a laser-based rapid microbial identification system capable of identifying pathogenic bacteria. The company has a collaboration Northern Michigan University to investigate an alternative pathogen sample preparation method tha… Read more
Micro Imaging Technology Inc (MMTC) - Total Liabilities
Latest total liabilities as of July 2014: $1.57 Million USD
Based on the latest financial reports, Micro Imaging Technology Inc (MMTC) has total liabilities worth $1.57 Million USD as of July 2014.
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.
Micro Imaging Technology Inc - Total Liabilities Trend (1997–2013)
This chart illustrates how Micro Imaging Technology Inc's total liabilities have evolved over time, based on quarterly financial data. Explore and compare other companies by total liabilities.
Micro Imaging Technology Inc Competitors by Total Liabilities
The table below lists competitors of Micro Imaging Technology Inc ranked by their total liabilities.
| Company | Country | Total Liabilities |
|---|---|---|
|
Triumph Apparel Corporation
PINK:TRUA
|
USA | $65.41 Million |
|
New Oriental Energy
PINK:NOEC
|
USA | $51.39 Million |
|
Integrated Business Systems and Services Inc
PINK:IBSS
|
USA | $5.79 Million |
|
Mondial Ventures Inc
PINK:MNVN
|
USA | $3.35 Million |
|
Clean Energy Pathway
PINK:CPWY
|
USA | $3.97 Million |
|
Kaiser Group Holdings Inc
PINK:KGHI
|
USA | $2.24K |
|
Vg Life Sciences Inc
PINK:VGLS
|
USA | $4.56 Million |
|
Strategic Management and Opportunity Corporation
PINK:SMPP
|
USA | $24.80K |
Liability Composition Analysis (1997–2013)
This chart breaks down Micro Imaging Technology 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 | 0.05 | 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 | -1.10 | Measures financial leverage (Total Liabilities ÷ Shareholder Equity) |
| Debt to Assets | 10.70 | 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 Micro Imaging Technology Inc's debt structure has evolved. The comparison includes total liabilities, long-term debt, and current liabilities.
Annual Total Liabilities for Micro Imaging Technology Inc (1997–2013)
The table below shows the annual total liabilities of Micro Imaging Technology Inc from 1997 to 2013.
| Year | Total Liabilities | Change |
|---|---|---|
| 2013-10-31 | $1.21 Million | +58.37% |
| 2012-10-31 | $762.89K | -68.32% |
| 2011-10-31 | $2.41 Million | +138.58% |
| 2010-10-31 | $1.01 Million | +0.03% |
| 2009-10-31 | $1.01 Million | -17.17% |
| 2008-10-31 | $1.22 Million | +143.83% |
| 2007-10-31 | $499.58K | -81.22% |
| 2006-10-31 | $2.66 Million | +1.99% |
| 2005-10-31 | $2.61 Million | -37.26% |
| 2004-10-31 | $4.16 Million | +0.01% |
| 2003-10-31 | $4.16 Million | +15.29% |
| 2002-10-31 | $3.60 Million | +23.36% |
| 2001-10-31 | $2.92 Million | +889.10% |
| 2000-10-31 | $295.44K | -33.46% |
| 1999-10-31 | $443.99K | +14.52% |
| 1998-10-31 | $387.69K | +175.21% |
| 1997-10-31 | $140.87K | -- |