Ningbo Tip Rubber Technology Co Ltd Total Liabilities
Ningbo Tip Rubber Technology Co Ltd total liabilities. Based on the latest financial reports, Ningbo Tip Rubber Technology Co Ltd (605255) has total liabilities worth CN¥58.51 Million CNY (≈ $8.56 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. Check Ningbo Tip Rubber Technology Co Ltd liquidity resilience to evaluate the company's liquid asset resilience ratio.
Total Liabilities of Ningbo Tip Rubber Technology Co Ltd (2016–2024)
Total liabilities of Ningbo Tip Rubber Technology Co Ltd from 2016 to 2024. This chart illustrates how Ningbo Tip Rubber Technology Co Ltd's total liabilities have evolved over time, based on quarterly financial data.
Ningbo Tip Rubber Technology Co Ltd Competitors by Total Liabilities
The table below lists competitors of Ningbo Tip Rubber Technology Co Ltd ranked by their total liabilities.
| Company | Country | Total Liabilities |
|---|---|---|
|
Shenzhen SEG Co Ltd
SHE:000058
|
China | CN¥2.44 Billion |
|
Ningbo Changhong Polymer Scientific & Technical Inc
SHG:605008
|
China | CN¥4.57 Billion |
|
Topsec Technologies Group Inc
SHE:002212
|
China | CN¥1.72 Billion |
|
Elders Ltd
AU:ELD
|
Australia | AU$2.34 Billion |
|
Keystone Reit Ltd
TA:KSTN
|
Israel | ILA1.91 Billion |
|
Polyrocks Chemical Co Ltd
SHG:688669
|
China | CN¥3.88 Billion |
|
Shanghai AJ Group Co Ltd
SHG:600643
|
China | CN¥11.78 Billion |
|
Juewei Food Co Ltd
SHG:603517
|
China | CN¥2.23 Billion |
Liability Composition Analysis (2016–2024)
This chart breaks down Ningbo Tip Rubber Technology Co Ltd'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. For the complete balance sheet picture, see Ningbo Tip Rubber Technology Co Ltd asset portfolio.
Liquidity & Leverage Metrics
Ningbo Tip Rubber Technology Co Ltd Total Liabilities Ratios Explained
Ningbo Tip Rubber Technology Co Ltd total liabilities ratios compare its liabilities with its current assets, cash and shareholder equity.
| Metric | Value | Description |
|---|---|---|
| Current Ratio | 6.25 | 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 | 0.07 | Measures financial leverage (Total Liabilities ÷ Shareholder Equity) |
| Debt to Assets | 0.07 | 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 Ningbo Tip Rubber Technology Co Ltd's debt structure has evolved. The comparison includes total liabilities, long-term debt, and current liabilities.
Annual Total Liabilities for Ningbo Tip Rubber Technology Co Ltd (2016–2024)
The table below shows the annual total liabilities of Ningbo Tip Rubber Technology Co Ltd from 2016 to 2024.
| Year | Total Liabilities | Change |
|---|---|---|
| 2024-12-31 | CN¥56.21 Million ≈ $8.22 Million |
-7.35% |
| 2023-12-31 | CN¥60.67 Million ≈ $8.88 Million |
-12.14% |
| 2022-12-31 | CN¥69.05 Million ≈ $10.10 Million |
-51.88% |
| 2021-12-31 | CN¥143.49 Million ≈ $21.00 Million |
+45.92% |
| 2020-12-31 | CN¥98.33 Million ≈ $14.39 Million |
+24.66% |
| 2019-12-31 | CN¥78.88 Million ≈ $11.54 Million |
+82.98% |
| 2018-12-31 | CN¥43.11 Million ≈ $6.31 Million |
-66.74% |
| 2017-12-31 | CN¥129.63 Million ≈ $18.97 Million |
+93.86% |
| 2016-12-31 | CN¥66.87 Million ≈ $9.78 Million |
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About Ningbo Tip Rubber Technology Co Ltd
Ningbo TIP Rubber Technology Co.,Ltd engages in the research and development, production, and sale of polymer material fluid piping systems, and sealing system parts and assemblies for automobiles in China and internationally. It offers engine accessory system hoses and assemblies; automobile air conditioning systems; power steering systems; body accessory system hoses and assemblies; fuel system… Read more