Kits Eyecare Ltd (KITS) - Total Liabilities

Latest as of March 2026: CA$37.62 Million CAD ≈ $27.22 Million USD

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

TO:KITS Canada Specialty Retail
Market Cap
$375.46 Million
CA$519.03 Million CAD
Market Cap Rank
#13787 Global
#410 in Canada
Share Price
CA$15.27
Change (1 day)
-1.10%
52-Week Range
CA$10.84 - CA$21.93
All Time High
CA$21.93
About

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