Kits Eyecare Ltd (KITS) - Total Liabilities
Based on the latest financial reports, Kits Eyecare Ltd (KITS) has total liabilities worth CA$36.85 Million CAD (≈ $26.66 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. Explore Kits Eyecare Ltd operating cash flow efficiency to assess how effectively this company generates cash.
Kits Eyecare Ltd - Total Liabilities Trend (2017–2024)
This chart illustrates how Kits Eyecare Ltd's total liabilities have evolved over time, based on quarterly financial data. Check how resilient are Kits Eyecare Ltd's assets to evaluate the company's liquid asset resilience ratio.
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 |
|---|---|---|
|
PharmaSGP Holding SE
F:PSG
|
Germany | €81.51 Million |
|
Fusion Micro Finance Limited
NSE:FUSION
|
India | Rs54.19 Billion |
|
Suzhou Shijing Environmental Technology Co.Ltd.
SHE:301030
|
China | CN¥8.76 Billion |
|
Chongqing Wanli New Energy Co Ltd
SHG:600847
|
China | CN¥49.92 Million |
|
Bijou Brigitte modische Accessoires Aktiengesellschaft
XETRA:BIJ
|
Germany | €169.97 Million |
|
Liaoning SG Automotive Group Co Ltd
SHG:600303
|
China | CN¥2.16 Billion |
|
Sprout Social Inc
NASDAQ:SPT
|
USA | $319.64 Million |
Liability Composition Analysis (2017–2024)
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. For the full company profile including market capitalisation, see Kits Eyecare Ltd market capitalisation.
Liquidity & Leverage Metrics
Key Metrics Explained
| Metric | Value | Description |
|---|---|---|
| Current Ratio | 1.41 | 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 | 0.61 | Most conservative liquidity measure (Cash & Equivalents ÷ Current Liabilities) |
| Debt to Equity | 0.59 | Measures financial leverage (Total Liabilities ÷ Shareholder Equity) |
| Debt to Assets | 0.37 | 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 (2017–2024)
The table below shows the annual total liabilities of Kits Eyecare Ltd from 2017 to 2024.
| Year | Total Liabilities | Change |
|---|---|---|
| 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 manufactures progressive 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. was foun… Read more