Solution Financial Inc
Solution Financial Inc., together with its subsidiary, engages in leasing, financing, and retail sale of luxury and exotic vehicles, yachts, and other assets in Canada. It serves new immigrants, business owners, and international students. Solution Financial Inc. is headquartered in Richmond, Canada.
Solution Financial Inc (SLNFF) - Total Liabilities
Latest total liabilities as of October 2025: $25.33 Million USD
Based on the latest financial reports, Solution Financial Inc (SLNFF) has total liabilities worth $25.33 Million USD as of October 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.
Solution Financial Inc - Total Liabilities Trend (2007–2025)
This chart illustrates how Solution Financial Inc's total liabilities have evolved over time, based on quarterly financial data. Explore and compare other companies by total liabilities.
Solution Financial Inc Competitors by Total Liabilities
The table below lists competitors of Solution Financial Inc ranked by their total liabilities.
| Company | Country | Total Liabilities |
|---|---|---|
|
Aarvi Encon Limited
NSE:AARVI
|
India | ₹892.62 Million |
|
Big Rock Brewery Inc
PINK:BRBMF
|
USA | $15.67 Million |
|
Tae Won Mulsan
KO:001420
|
Korea | ₩3.90 Billion |
|
Fineqia International Inc
PINK:FNQQF
|
USA | $55.02 Million |
|
Campina Ice Cream Industry Tbk PT
JK:CAMP
|
Indonesia | Rp149.81 Billion |
|
Kamdhenu Ventures Limited
NSE:KAMOPAINTS
|
India | ₹1.11 Billion |
Liability Composition Analysis (2007–2025)
This chart breaks down Solution Financial 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 | 1.07 | 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 | 2.06 | Measures financial leverage (Total Liabilities ÷ Shareholder Equity) |
| Debt to Assets | 0.67 | 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 Solution Financial Inc's debt structure has evolved. The comparison includes total liabilities, long-term debt, and current liabilities.
Annual Total Liabilities for Solution Financial Inc (2007–2025)
The table below shows the annual total liabilities of Solution Financial Inc from 2007 to 2025.
| Year | Total Liabilities | Change |
|---|---|---|
| 2025-10-31 | $25.33 Million | +35.81% |
| 2024-10-31 | $18.65 Million | +10.93% |
| 2023-10-31 | $16.81 Million | +2.86% |
| 2022-10-31 | $16.34 Million | -17.70% |
| 2021-10-31 | $19.86 Million | +6.56% |
| 2020-10-31 | $18.64 Million | +24.19% |
| 2019-10-31 | $15.01 Million | +149.92% |
| 2018-10-31 | $6.00 Million | +45.67% |
| 2017-10-31 | $4.12 Million | +2917.77% |
| 2016-10-31 | $136.58K | -2.35% |
| 2015-10-31 | $139.87K | +38.44% |
| 2014-10-31 | $101.03K | -42.37% |
| 2013-10-31 | $175.30K | -12.02% |
| 2012-10-31 | $199.24K | +75.30% |
| 2011-10-31 | $113.65K | -56.42% |
| 2010-10-31 | $260.77K | +53.39% |
| 2009-10-31 | $170.01K | +69.74% |
| 2008-10-31 | $100.16K | +290.44% |
| 2007-10-31 | $25.65K | -- |