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. Also explore GRID net assets growth trend to track the company's year-over-year net asset growth rate.
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 free cash flow ratio to measure how efficiently the company converts operating cash flow to free cash.
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 |
|---|---|---|
|
E-Lead Electronic Co Ltd
TW:2497
|
Taiwan | NT$2.95 Billion |
|
Inversora Juramento SA
BA:INVJ
|
Argentina | AR$215.50 Billion |
|
Lexinfintech Holdings Ltd
NASDAQ:LX
|
USA | $10.62 Billion |
|
Schaffer Corporation Ltd
AU:SFC
|
Australia | AU$184.44 Million |
|
LX Hausys Ltd
KO:108670
|
Korea | ₩1.35 Trillion |
|
Gulf Island Fabrication Inc
NASDAQ:GIFI
|
USA | $52.42 Million |
|
Copley Acquisition Corp
NYSE:COPL
|
USA | $721.22K |
|
Acme Electronics
TWO:8121
|
Taiwan | NT$2.98 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 how much is Tantalus Systems Holding Inc worth.
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