Ningbo Tip Rubber Technology Co Ltd (605255) - 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. Explore Ningbo Tip Rubber Technology Co Ltd (605255) cash conversion ratio to assess how effectively this company generates cash.
Ningbo Tip Rubber Technology Co Ltd - Total Liabilities Trend (2016–2024)
This chart illustrates how Ningbo Tip Rubber Technology Co Ltd's total liabilities have evolved over time, based on quarterly financial data. Check financial resilience of Ningbo Tip Rubber Technology Co Ltd to evaluate the company's liquid asset resilience ratio.
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 |
|---|---|---|
|
Scientech Corp
TW:3583
|
Taiwan | NT$17.49 Billion |
|
Fujian Snowman Co Ltd
SHE:002639
|
China | CN¥2.40 Billion |
|
Shenzhen Bluetrum Technology Co. Ltd. A
SHG:688332
|
China | CN¥630.58 Million |
|
Dunelm Group plc
F:DFQ
|
Germany | €622.70 Million |
|
Sinosoft Co Ltd
SHG:603927
|
China | CN¥3.99 Billion |
|
Establishment Labs Holdings Inc
NASDAQ:ESTA
|
USA | $322.53 Million |
|
Zhejiang Expressway Co. Ltd
F:ZHJ
|
Germany | €176.76 Billion |
|
Shanghai Bright Power Semiconductor
SHG:688368
|
China | CN¥802.06 Million |
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 full company profile including market capitalisation, see 605255 market cap.
Liquidity & Leverage Metrics
Key Metrics Explained
| 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