Kits Eyecare Ltd (KITS) - Total Liabilities
Based on the latest financial reports, Kits Eyecare Ltd (KITS) has total liabilities worth CA$37.62 Million CAD (≈ $27.22 Million USD) as of March 2026. 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. Check Kits Eyecare Ltd asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Kits Eyecare Ltd - Total Liabilities Trend (2017–2025)
This chart illustrates how Kits Eyecare Ltd's total liabilities have evolved over time, based on quarterly financial data. For the complete balance sheet picture, see Kits Eyecare Ltd total assets.
Kits Eyecare Ltd Competitors by Total Liabilities
The table below lists competitors of Kits Eyecare Ltd ranked by their total liabilities.
| Company | Country | Total Liabilities |
|---|---|---|
|
Wenfeng Great World Chain Development Corp
SHG:601010
|
China | CN¥1.97 Billion |
|
Tsogo Sun
JSE:TSG
|
South Africa | ZAC9.74 Billion |
|
Beijing Capital International Airport Company Limited
F:BJ1
|
Germany | €17.16 Billion |
|
Vigil Neuroscience Inc
NASDAQ:VIGL
|
USA | $45.44 Million |
|
BioAge Labs, Inc
NASDAQ:BIOA
|
USA | $22.02 Million |
|
Hangzhou Zongheng Commun
SHG:603602
|
China | CN¥1.41 Billion |
|
Bleichroeder Acquisition Corp. II Class A Ordinary Shares
NASDAQ:BBCQ
|
USA | $18.48 Million |
|
Norwood Financial Corp
NASDAQ:NWFL
|
USA | $2.62 Billion |
Liability Composition Analysis (2017–2025)
This chart breaks down Kits Eyecare 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. See KITS equity financing ratio to measure how much of total assets are equity-financed.
Liquidity & Leverage Metrics
Key Metrics Explained
| Metric | Value | Description |
|---|---|---|
| Current Ratio | 1.71 | 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 | 0.54 | Measures financial leverage (Total Liabilities ÷ Shareholder Equity) |
| Debt to Assets | 0.35 | 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 Kits Eyecare Ltd's debt structure has evolved. The comparison includes total liabilities, long-term debt, and current liabilities.
Annual Total Liabilities for Kits Eyecare Ltd (2017–2025)
The table below shows the annual total liabilities of Kits Eyecare Ltd from 2017 to 2025.
| Year | Total Liabilities | Change |
|---|---|---|
| 2025-12-31 | CA$50.65 Million ≈ $36.64 Million |
+12.21% |
| 2024-12-31 | CA$45.13 Million ≈ $32.65 Million |
+24.70% |
| 2023-12-31 | CA$36.20 Million ≈ $26.18 Million |
-9.86% |
| 2022-12-31 | CA$40.16 Million ≈ $29.05 Million |
+11.05% |
| 2021-12-31 | CA$36.16 Million ≈ $26.16 Million |
-34.53% |
| 2020-12-31 | CA$55.23 Million ≈ $39.95 Million |
+17.07% |
| 2019-12-31 | CA$47.18 Million ≈ $34.13 Million |
+970.02% |
| 2018-12-31 | CA$4.41 Million ≈ $3.19 Million |
-14.14% |
| 2017-12-31 | CA$5.13 Million ≈ $3.71 Million |
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About Kits Eyecare Ltd
Kits Eyecare Ltd. operates a digital eyecare platform in the United States and Canada. It offers progressive, polarized, and contact lenses, eyeglasses, and frames under the KITS brand, as well as distributes eyewear products of various brands. The company operates a network of optical e-commerce websites, including KITS.com, KITS.ca, OptiContacts.com, and ContactsExpress.ca. Kits Eyecare Ltd. wa… Read more