Thinkific Labs Inc
Thinkific Labs Inc. engages in the development, marketing, and support management of cloud-based platform in Canada, the United States, and internationally. Its platform enables entrepreneurs and established businesses to create, market, sell, and deliver online courses and other learning products. The company was incorporated in 2012 and is headquartered in Vancouver, Canada.
Thinkific Labs Inc (THNCF) - Total Liabilities
Latest total liabilities as of September 2025: $19.66 Million USD
Based on the latest financial reports, Thinkific Labs Inc (THNCF) has total liabilities worth $19.66 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.
Thinkific Labs Inc - Total Liabilities Trend (2019–2024)
This chart illustrates how Thinkific Labs Inc's total liabilities have evolved over time, based on quarterly financial data. Explore and compare other companies by total liabilities.
Thinkific Labs Inc Competitors by Total Liabilities
The table below lists competitors of Thinkific Labs Inc ranked by their total liabilities.
| Company | Country | Total Liabilities |
|---|---|---|
|
eWork Group AB
ST:EWRK
|
Sweden | Skr2.84 Billion |
|
Shin Heung Energy & Electronics Co.Ltd
KQ:243840
|
Korea | ₩529.30 Billion |
|
CO2 Energy Transition Corp. Common Stock
NASDAQ:NOEM
|
USA | $2.69 Million |
|
American Crystal Sugar Company PFD REST NON DIV
PINK:ASCS
|
USA | $533.78 Million |
|
Menderes Tekstil Sanayi ve Ticaret AS
IS:MNDRS
|
Turkey | TL6.62 Billion |
|
DOF Group ASA
OL:DOFG
|
Norway | Nkr1.90 Billion |
|
Facephi Biometria SA
MC:FACE
|
Spain | €30.52 Million |
Liability Composition Analysis (2019–2024)
This chart breaks down Thinkific Labs 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 | 3.21 | 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 Thinkific Labs Inc's debt structure has evolved. The comparison includes total liabilities, long-term debt, and current liabilities.
Annual Total Liabilities for Thinkific Labs Inc (2019–2024)
The table below shows the annual total liabilities of Thinkific Labs Inc from 2019 to 2024.
| Year | Total Liabilities | Change |
|---|---|---|
| 2024-12-31 | $19.77 Million | +24.72% |
| 2023-12-31 | $15.85 Million | +4.84% |
| 2022-12-31 | $15.12 Million | +40.14% |
| 2021-12-31 | $10.79 Million | +41.48% |
| 2020-12-31 | $7.63 Million | +86.83% |
| 2019-12-31 | $4.08 Million | -- |