Tantalus Systems Holding Inc (GRID) - 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 working capital position of Tantalus Systems Holding Inc to evaluate short-term liquidity relative to the company's equity base.
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. For the complete balance sheet picture, see GRID total asset value.
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 |
|---|---|---|
|
BICO Group AB
ST:BICO
|
Sweden | Skr1.93 Billion |
|
Korea Air Svc
KO:005430
|
Korea | ₩149.24 Billion |
|
JINSUNG T.E.C. Inc
KQ:036890
|
Korea | ₩216.64 Billion |
|
Hanyang Securities Co Ltd
KO:001755
|
Korea | ₩6.76 Trillion |
|
American Eagle Gold Corp
V:AE
|
Canada | CA$4.38 Million |
|
Bikurey Hasade Holdings Ltd
TA:BKRY
|
Israel | ILA979.37 Million |
|
D-Link (India) Limited
NSE:DLINKINDIA
|
India | Rs2.97 Billion |
|
KT Hitel Corporation. Limited
KQ:036030
|
Korea | ₩170.01 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. See GRID net asset quality score to measure how much of total assets are equity-financed.
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
Tantalus Systems Holding Inc., a technology company, provides smart grid solutions in Canada and the United States. It operates in two segments, Connected Devices and Infrastructure, and Utility Software Applications and Services. The Connected Devices and Infrastructure segment sells computing modules used into multiple devices, including meters, sensors, and street lighting fixtures, as well as… Read more