Galileo Tech Ltd Total Liabilities
Galileo Tech Ltd total liabilities. Based on the latest financial reports, Galileo Tech Ltd (GLTC) has total liabilities worth ILA3.71 Million ILA (≈ $9.96K USD) as of December 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. See GLTC defensive asset coverage days to measure how many days the company can operate on defensive assets alone.
Total Liabilities of Galileo Tech Ltd (2015–2023)
Total liabilities of Galileo Tech Ltd from 2015 to 2023. This chart illustrates how Galileo Tech Ltd's total liabilities have evolved over time, based on quarterly financial data.
Galileo Tech Ltd Competitors by Total Liabilities
The table below lists competitors of Galileo Tech Ltd ranked by their total liabilities.
| Company | Country | Total Liabilities |
|---|---|---|
|
Staffline Group Plc
LSE:STAF
|
UK | GBX199.80 Million |
|
Awareness Group
NASDAQ:TAAG
|
USA | $30.92 Million |
|
Sacks Parente Golf, Inc. Common Stock
NASDAQ:SPGC
|
USA | $2.03 Million |
|
Smalto SA
PA:MLSML
|
France | €26.84 Million |
|
Keramika Indonesia Assosiasi
JK:KIAS
|
Indonesia | Rp180.50 Billion |
|
DCI Advisors Limited
LSE:DCI
|
UK | GBX75.35 Million |
|
Vivakor Inc
NASDAQ:VIVK
|
USA | $77.78 Million |
|
Wonpung Mulsan Co.Ltd
KQ:008290
|
Korea | ₩5.29 Billion |
Liability Composition Analysis (2015–2023)
This chart breaks down Galileo Tech 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 Galileo Tech Ltd total assets.
Liquidity & Leverage Metrics
Galileo Tech Ltd Total Liabilities Ratios Explained
Galileo Tech Ltd total liabilities ratios compare its liabilities with its current assets, cash and shareholder equity.
| Metric | Value | Description |
|---|---|---|
| Current Ratio | 0.06 | 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 | -1.06 | Measures financial leverage (Total Liabilities ÷ Shareholder Equity) |
| Debt to Assets | 17.20 | 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 Galileo Tech Ltd's debt structure has evolved. The comparison includes total liabilities, long-term debt, and current liabilities.
Annual Total Liabilities for Galileo Tech Ltd (2015–2023)
The table below shows the annual total liabilities of Galileo Tech Ltd from 2015 to 2023.
| Year | Total Liabilities | Change |
|---|---|---|
| 2023-12-31 | ILA3.71 Million ≈ $9.96K |
+41.69% |
| 2022-12-31 | ILA2.62 Million ≈ $7.03K |
-25.00% |
| 2021-12-31 | ILA3.50 Million ≈ $9.37K |
+25.53% |
| 2020-12-31 | ILA2.79 Million ≈ $7.47K |
-34.84% |
| 2019-12-31 | ILA4.27 Million ≈ $11.46K |
+779.42% |
| 2018-12-31 | ILA486.00K ≈ $1.30K |
-97.82% |
| 2017-12-31 | ILA22.32 Million ≈ $59.84K |
+2.28% |
| 2016-12-31 | ILA21.82 Million ≈ $58.50K |
+5.04% |
| 2015-12-31 | ILA20.77 Million ≈ $55.69K |
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About Galileo Tech Ltd
Galileo Tech Ltd engages in the development of products for smart cities management and fintech in Israel and internationally. The company provides information and communication technologies, and IoT solutions for the purpose of managing the city's assets, including local information systems, schools, libraries, transportation systems, hospitals, power plants, water supply infrastructure, garbage… Read more