Tantalus Systems Holding Inc Total Liabilities

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

Tantalus Systems Holding Inc total liabilities. 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. See GRID defensive asset coverage days to measure how many days the company can operate on defensive assets alone.

Total Liabilities of Tantalus Systems Holding Inc (2018–2024)

Total liabilities of Tantalus Systems Holding Inc from 2018 to 2024. This chart illustrates how Tantalus Systems Holding Inc's total liabilities have evolved over time, based on quarterly financial data.

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
Q Capital Partners Co. Ltd KQ:016600	Korea	₩42.56 Billion
Hwacom Systems TWO:6163	Taiwan	NT$4.06 Billion
Ready Capital Corp NYSE:RC	USA	$6.46 Billion
Shenzhen Weiye Decoration Group Co Ltd SHE:300621	China	CN¥13.51 Billion
Greenpanel Industries Limited NSE:GREENPANEL	India	Rs-13.56 Billion
Singer Thailand Public Company Limited BK:SINGER-R	Thailand	฿1.01 Billion
Exacompta Clairefontaine PA:ALEXA	France	€367.69 Million

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 complete balance sheet picture, see Tantalus Systems Holding Inc balance sheet assets.

Liquidity & Leverage Metrics

Tantalus Systems Holding Inc Total Liabilities Ratios Explained

Tantalus Systems Holding Inc total liabilities ratios compare its liabilities with its current assets, cash and shareholder equity.

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

$176.65 Million

CA$244.19 Million CAD

Market Cap Rank

#16811 Global

#521 in Canada

Share Price

CA$4.36

Change (1 day)

+4.56%

52-Week Range

CA$3.59 - CA$6.48

All Time High

CA$6.48