Rare Earth Magnesium Technology Group Holdings Limited (GPS) - Total Liabilities
Based on the latest financial reports, Rare Earth Magnesium Technology Group Holdings Limited (GPS) has total liabilities worth €895.62 Million EUR (≈ $1.05 Billion USD) as of June 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 cash efficiency ratio of Rare Earth Magnesium Technology Group Ho to assess how effectively this company generates cash.
Rare Earth Magnesium Technology Group Holdings Limited - Total Liabilities Trend (2013–2024)
This chart illustrates how Rare Earth Magnesium Technology Group Holdings Limited's total liabilities have evolved over time, based on quarterly financial data. Check Rare Earth Magnesium Technology Group Ho asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Rare Earth Magnesium Technology Group Holdings Limited Competitors by Total Liabilities
The table below lists competitors of Rare Earth Magnesium Technology Group Holdings Limited ranked by their total liabilities.
| Company | Country | Total Liabilities |
|---|---|---|
|
Xpon Technologies Group Ltd
AU:XPN
|
Australia | AU$14.59 Million |
|
Winshear Gold Corp
V:WINS
|
Canada | CA$191.41K |
|
Vectus Biosystems Ltd
AU:VBS
|
Australia | AU$1.04 Million |
|
Xamble Group Ltd
AU:XGL
|
Australia | AU$2.12 Million |
|
Spenda Ltd
AU:SPX
|
Australia | AU$13.22 Million |
|
FRNT Financial Inc
V:FRNT
|
Canada | CA$546.42K |
|
21st Century Management Services Limited
NSE:21STCENMGM
|
India | Rs60.98 Million |
|
Conico Ltd
AU:CNJ
|
Australia | AU$293.96K |
Liability Composition Analysis (2013–2024)
This chart breaks down Rare Earth Magnesium Technology Group Holdings Limited'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 GPS company net worth.
Liquidity & Leverage Metrics
Key Metrics Explained
| Metric | Value | Description |
|---|---|---|
| Current Ratio | 1.41 | 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 | 6.56 | Measures financial leverage (Total Liabilities ÷ Shareholder Equity) |
| Debt to Assets | 0.87 | 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 Rare Earth Magnesium Technology Group Holdings Limited's debt structure has evolved. The comparison includes total liabilities, long-term debt, and current liabilities.
Annual Total Liabilities for Rare Earth Magnesium Technology Group Holdings Limited (2013–2024)
The table below shows the annual total liabilities of Rare Earth Magnesium Technology Group Holdings Limited from 2013 to 2024.
| Year | Total Liabilities | Change |
|---|---|---|
| 2024-12-31 | €869.68 Million ≈ $1.02 Billion |
+4.83% |
| 2023-12-31 | €829.57 Million ≈ $969.85 Million |
+6.74% |
| 2022-12-31 | €777.22 Million ≈ $908.65 Million |
-33.67% |
| 2021-12-31 | €1.17 Billion ≈ $1.37 Billion |
+6.04% |
| 2020-12-31 | €1.10 Billion ≈ $1.29 Billion |
-5.27% |
| 2019-12-31 | €1.17 Billion ≈ $1.36 Billion |
+5.94% |
| 2018-12-31 | €1.10 Billion ≈ $1.29 Billion |
-23.30% |
| 2017-12-31 | €1.44 Billion ≈ $1.68 Billion |
+447.81% |
| 2016-12-31 | €262.06 Million ≈ $306.37 Million |
-28.64% |
| 2015-12-31 | €367.24 Million ≈ $429.34 Million |
+183.02% |
| 2014-12-31 | €129.76 Million ≈ $151.70 Million |
+26.15% |
| 2013-12-31 | €102.86 Million ≈ $120.26 Million |
-- |
About Rare Earth Magnesium Technology Group Holdings Limited
Rare Earth Magnesium Technology Group Holdings Limited, an investment holding company, develops, manufactures, sells, and trades magnesium alloy new material products in Mainland China and Hong Kong. It also operates a dolomite mine in Baishan City, Jilin Province. The company was formerly known as Group Sense (International) Limited and changed its name to Rare Earth Magnesium Technology Group H… Read more