Tantalus Systems Holding Inc (GRID) - Total Liabilities

Latest as of September 2025: CA$29.24 Million CAD ≈ $21.15 Million USD

Based on the latest financial reports, Tantalus Systems Holding Inc (GRID) has total liabilities worth CA$29.24 Million CAD (≈ $21.15 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 cash efficiency ratio of Tantalus Systems Holding Inc to assess how effectively this company generates cash.

Tantalus Systems Holding Inc - Total Liabilities Trend (2018–2024)

This chart illustrates how Tantalus Systems Holding Inc's total liabilities have evolved over time, based on quarterly financial data. See Tantalus Systems Holding Inc book value and equity for net asset value and shareholders' equity analysis.

Tantalus Systems Holding Inc Competitors by Total Liabilities

The table below lists competitors of Tantalus Systems Holding Inc ranked by their total liabilities.

Company	Country	Total Liabilities
NEOBO FASTIGHETER ST:NEOBO	Sweden	Skr7.80 Billion
Mitra Pinasthika Mustika Tbk JK:MPMX	Indonesia	Rp2.94 Trillion
Bank of Zhengzhou Co. Ltd F:3BZ	Germany	€662.36 Billion
Jackson Acquisition Company II NYSE:JACS	USA	$240.60 Million
Bombay Dyeing & Mfg Company Limited NSE:BOMDYEING	India	Rs6.01 Billion
Saha-Union Public Company Limited BK:SUC	Thailand	฿2.41 Billion
VNV Global AB ST:VNV	Sweden	Skr91.18 Million
AK Sigorta AS IS:AKGRT	Turkey	TL22.70 Billion

Liability Composition Analysis (2018–2024)

This chart breaks down Tantalus Systems Holding Inc'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 market value of Tantalus Systems Holding Inc.

Liquidity & Leverage Metrics

Key Metrics Explained

Metric	Value	Description
Current Ratio	1.11	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	4.30	Measures financial leverage (Total Liabilities ÷ Shareholder Equity)
Debt to Assets	0.81	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 Tantalus Systems Holding Inc's debt structure has evolved. The comparison includes total liabilities, long-term debt, and current liabilities.

Annual Total Liabilities for Tantalus Systems Holding Inc (2018–2024)

The table below shows the annual total liabilities of Tantalus Systems Holding Inc from 2018 to 2024.

Year	Total Liabilities	Change
2024-12-31	CA$34.61 Million ≈ $25.03 Million	+6.55%
2023-12-31	CA$32.48 Million ≈ $23.50 Million	-3.85%
2022-12-31	CA$33.78 Million ≈ $24.44 Million	+39.39%
2021-12-31	CA$24.24 Million ≈ $17.53 Million	-6.20%
2020-12-31	CA$25.84 Million ≈ $18.69 Million	+12.34%
2019-12-31	CA$23.00 Million ≈ $16.64 Million	-2.38%
2018-12-31	CA$23.56 Million ≈ $17.04 Million	--

About Tantalus Systems Holding Inc

TO:GRID Canada Electrical Equipment & Parts

Market Cap

$257.27 Million

CA$355.65 Million CAD

Market Cap Rank

#15652 Global

#471 in Canada

Share Price

CA$6.35

Change (1 day)

+0.00%

52-Week Range

CA$2.16 - CA$6.35

All Time High

CA$6.35