Converge Information & Communications Technology Solutions Inc
Converge Information & Communications Technology Solutions Inc operates in Integrated Telecommunication Services.
Converge Information & Communications Technology Solutions Inc (CNVRG) - Total Liabilities
Latest total liabilities as of September 2023: ₱60.49 Billion PHP
Based on the latest financial reports, Converge Information & Communications Technology Solutions Inc (CNVRG) has total liabilities worth ₱60.49 Billion PHP as of September 2023.
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.
Converge Information & Communications Technology Solutions Inc - Total Liabilities Trend (2018–2022)
This chart illustrates how Converge Information & Communications Technology Solutions Inc's total liabilities have evolved over time, based on quarterly financial data. Explore and compare other companies by total liabilities.
Converge Information & Communications Technology Solutions Inc Competitors by Total Liabilities
The table below lists competitors of Converge Information & Communications Technology Solutions Inc ranked by their total liabilities.
| Company | Country | Total Liabilities |
|---|---|---|
|
ELEMENTOS (9EM.SG)
STU:9EM
|
Germany | €1.98 Million |
|
CANFOR PULP (8CP.SG)
STU:8CP
|
Germany | €297.20 Million |
|
PaxMedica, Inc. Common Stock
PINK:PXMD
|
USA | $2.75 Million |
|
PEAK RES
BE:M3U
|
Germany | €2.60 Million |
|
GOAT Industries Ltd.
F:26B
|
Germany | €675.96K |
|
POCML 7 Inc.
V:POC-P
|
Canada | CA$40.88K |
Liability Composition Analysis (2018–2022)
This chart breaks down Converge Information & Communications Technology Solutions 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 | 0.84 | 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 | 0.48 | Most conservative liquidity measure (Cash & Equivalents ÷ Current Liabilities) |
| Debt to Equity | 1.42 | Measures financial leverage (Total Liabilities ÷ Shareholder Equity) |
| Debt to Assets | 0.59 | 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 Converge Information & Communications Technology Solutions Inc's debt structure has evolved. The comparison includes total liabilities, long-term debt, and current liabilities.
Annual Total Liabilities for Converge Information & Communications Technology Solutions Inc (2018–2022)
The table below shows the annual total liabilities of Converge Information & Communications Technology Solutions Inc from 2018 to 2022.
| Year | Total Liabilities | Change |
|---|---|---|
| 2022-12-31 | ₱61.99 Billion | +32.58% |
| 2021-12-31 | ₱46.75 Billion | +61.57% |
| 2020-12-31 | ₱28.94 Billion | +52.37% |
| 2019-12-31 | ₱18.99 Billion | +134.91% |
| 2018-12-31 | ₱8.08 Billion | -- |