Nano Magic Inc
Nano Magic Inc. develops, commercializes, and markets consumer and industrial products using nanotechnology in the United States and Canada. The company offers liquid and towelette formulations for cleaning and protecting clear surfaces, such as electronic touchscreens, windshields, windows, mirrors, shower doors, eyeglasses, and sunglass lenses; liquid formulation packaged for retail and industr… Read more
Nano Magic Inc (NMGX) - Total Liabilities
Latest total liabilities as of September 2025: $4.63 Million USD
Based on the latest financial reports, Nano Magic Inc (NMGX) has total liabilities worth $4.63 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.
Nano Magic Inc - Total Liabilities Trend (1990–2024)
This chart illustrates how Nano Magic Inc's total liabilities have evolved over time, based on quarterly financial data. Explore and compare other companies by total liabilities.
Nano Magic Inc Competitors by Total Liabilities
The table below lists competitors of Nano Magic Inc ranked by their total liabilities.
| Company | Country | Total Liabilities |
|---|---|---|
|
GBL (EAI.SG)
STU:EAI
|
Germany | €11.51 Billion |
|
NewGenIvf Group Limited Class A Ordinary Shares
NASDAQ:NIVF
|
USA | $6.82 Million |
|
TORONTO-DOMINION BK
MU:TDB
|
Germany | €1.86 Trillion |
|
LiveHire Ltd
AU:LVH
|
Australia | AU$8.55 Million |
|
Payment Financial Technologies Ltd
TA:PMNT
|
Israel | ILA133.38 Million |
|
SNP SCHNEIDER-NEURE
MU:SHF
|
Germany | €163.07 Million |
|
American Biltrite Inc
PINK:ABLT
|
USA | $101.15 Million |
Liability Composition Analysis (1990–2024)
This chart breaks down Nano Magic 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 | 0.28 | 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 | -1.53 | Measures financial leverage (Total Liabilities ÷ Shareholder Equity) |
| Debt to Assets | 2.89 | 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 Nano Magic Inc's debt structure has evolved. The comparison includes total liabilities, long-term debt, and current liabilities.
Annual Total Liabilities for Nano Magic Inc (1990–2024)
The table below shows the annual total liabilities of Nano Magic Inc from 1990 to 2024.
| Year | Total Liabilities | Change |
|---|---|---|
| 2024-12-31 | $2.81 Million | +27.33% |
| 2023-12-31 | $2.21 Million | -10.83% |
| 2022-12-31 | $2.47 Million | +12.89% |
| 2021-12-31 | $2.19 Million | -35.45% |
| 2020-12-31 | $3.39 Million | +92.09% |
| 2019-12-31 | $1.77 Million | -33.00% |
| 2018-12-31 | $2.64 Million | -19.53% |
| 2017-12-31 | $3.28 Million | -2.80% |
| 2016-12-31 | $3.37 Million | -12.53% |
| 2015-12-31 | $3.85 Million | +20.22% |
| 2014-12-31 | $3.21 Million | -24.31% |
| 2013-12-31 | $4.24 Million | +0.24% |
| 2012-12-31 | $4.23 Million | +70.43% |
| 2011-12-31 | $2.48 Million | -18.28% |
| 2010-12-31 | $3.03 Million | +54.48% |
| 2009-12-31 | $1.96 Million | +110.25% |
| 2008-12-31 | $934.20K | +1.99% |
| 2007-12-31 | $915.96K | -55.34% |
| 2006-12-31 | $2.05 Million | +524.14% |
| 2005-12-31 | $328.64K | +10.32% |
| 2004-12-31 | $297.91K | +28.86% |
| 2003-12-31 | $231.19K | -91.69% |
| 2002-12-31 | $2.78 Million | -0.08% |
| 2001-12-31 | $2.78 Million | +76.72% |
| 2000-12-31 | $1.58 Million | -21.21% |
| 1999-12-31 | $2.00 Million | -37.00% |
| 1998-12-31 | $3.17 Million | -4.27% |
| 1997-12-31 | $3.32 Million | -32.74% |
| 1996-12-31 | $4.93 Million | +228.67% |
| 1994-12-31 | $1.50 Million | +114.29% |
| 1993-12-31 | $700.00K | -46.15% |
| 1992-12-31 | $1.30 Million | +550.00% |
| 1991-12-31 | $200.00K | 0.00% |
| 1990-12-31 | $200.00K | -- |