Highcon Systems Ltd
Highcon Systems Ltd. engages in the provision of a proprietary technology for digital cutting and creasing solutions for post print processes in the folding carton and corrugated carton industry. Its products include Highcon Beam 2C for the digital cutting and creasing for corrugated board; Highcon Beam 2 for the digital cutting and creasing for mainstream production; Highcon Euclid 5, a digital … Read more
Highcon Systems Ltd (HICN) - Total Liabilities
Latest total liabilities as of December 2024: ILA36.31 Million ILA
Based on the latest financial reports, Highcon Systems Ltd (HICN) has total liabilities worth ILA36.31 Million ILA as of December 2024.
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.
Highcon Systems Ltd - Total Liabilities Trend (2019–2024)
This chart illustrates how Highcon Systems Ltd's total liabilities have evolved over time, based on quarterly financial data. Explore and compare other companies by total liabilities.
Highcon Systems Ltd Competitors by Total Liabilities
The table below lists competitors of Highcon Systems Ltd ranked by their total liabilities.
| Company | Country | Total Liabilities |
|---|---|---|
|
DIGITAL CHINA
MU:DIN
|
Germany | €12.43 Billion |
|
Plantable Health Inc
PINK:PLBLF
|
USA | $220.76K |
|
SKILW
PINK:SKILW
|
USA | $893.59 Million |
|
ONGRF
OTCQB:ONGRF
|
USA | $2.48 Million |
|
ORIENTAL WATCH
BE:OWT
|
Germany | €591.51 Million |
|
Cirata plc
LSE:CRTA
|
UK | GBX4.94 Million |
Liability Composition Analysis (2019–2024)
This chart breaks down Highcon Systems 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.
Liquidity & Leverage Metrics
Key Metrics Explained
| Metric | Value | Description |
|---|---|---|
| Current Ratio | 0.41 | 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 | -2.28 | Measures financial leverage (Total Liabilities ÷ Shareholder Equity) |
| Debt to Assets | 1.78 | 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 Highcon Systems Ltd's debt structure has evolved. The comparison includes total liabilities, long-term debt, and current liabilities.
Annual Total Liabilities for Highcon Systems Ltd (2019–2024)
The table below shows the annual total liabilities of Highcon Systems Ltd from 2019 to 2024.
| Year | Total Liabilities | Change |
|---|---|---|
| 2024-12-31 | ILA36.31 Million | -2.75% |
| 2023-12-31 | ILA37.33 Million | +3.88% |
| 2022-12-31 | ILA35.94 Million | +64.14% |
| 2021-12-31 | ILA21.90 Million | +9.24% |
| 2020-12-31 | ILA20.04 Million | +24.48% |
| 2019-12-31 | ILA16.10 Million | -- |