Thinkific Labs Inc (THNC) - Total Liabilities
Based on the latest financial reports, Thinkific Labs Inc (THNC) has total liabilities worth CA$19.80 Million CAD (≈ $14.32 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. Also explore net asset momentum of Thinkific Labs Inc to track the company's year-over-year net asset growth rate.
Thinkific Labs Inc - Total Liabilities Trend (2019–2025)
This chart illustrates how Thinkific Labs Inc's total liabilities have evolved over time, based on quarterly financial data. See Thinkific Labs Inc (THNC) free cash flow to measure how efficiently the company converts operating cash flow to free cash.
Thinkific Labs Inc Competitors by Total Liabilities
The table below lists competitors of Thinkific Labs Inc ranked by their total liabilities.
| Company | Country | Total Liabilities |
|---|---|---|
|
NRX Pharmaceuticals Inc
NASDAQ:NRXP
|
USA | $40.75 Million |
|
Li-S Energy Ltd
AU:LIS
|
Australia | AU$2.36 Million |
|
Quantum X Labs Inc.
NASDAQ:QXL
|
USA | $6.02 Million |
|
Pearl Diver Credit Company Inc.
NYSE:PDCC
|
USA | $42.79 Million |
|
Cardiff Oncology Inc
NASDAQ:CRDF
|
USA | $16.50 Million |
|
Ilyda SA
AT:ILYDA
|
Greece | €1.78 Million |
|
Mcleod Russel India Limited
NSE:MCLEODRUSS
|
India | Rs24.04 Billion |
|
Smart Digital Group Limited Ordinary Shares
NASDAQ:SDM
|
USA | $5.60 Million |
Liability Composition Analysis (2019–2025)
This chart breaks down Thinkific Labs 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 Thinkific Labs Inc (THNC) market capitalisation.
Liquidity & Leverage Metrics
Key Metrics Explained
| Metric | Value | Description |
|---|---|---|
| Current Ratio | 3.12 | 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 | 0.47 | Measures financial leverage (Total Liabilities ÷ Shareholder Equity) |
| Debt to Assets | 0.32 | 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 Thinkific Labs Inc's debt structure has evolved. The comparison includes total liabilities, long-term debt, and current liabilities.
Annual Total Liabilities for Thinkific Labs Inc (2019–2025)
The table below shows the annual total liabilities of Thinkific Labs Inc from 2019 to 2025.
| Year | Total Liabilities | Change |
|---|---|---|
| 2025-12-31 | CA$19.49 Million ≈ $14.10 Million |
-1.45% |
| 2024-12-31 | CA$19.77 Million ≈ $14.30 Million |
+24.72% |
| 2023-12-31 | CA$15.85 Million ≈ $11.47 Million |
+4.84% |
| 2022-12-31 | CA$15.12 Million ≈ $10.94 Million |
+40.14% |
| 2021-12-31 | CA$10.79 Million ≈ $7.81 Million |
+41.48% |
| 2020-12-31 | CA$7.63 Million ≈ $5.52 Million |
+86.83% |
| 2019-12-31 | CA$4.08 Million ≈ $2.95 Million |
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About Thinkific Labs Inc
Thinkific Labs Inc. engages in the development, marketing, and support management of cloud-based platform in Canada, the United States, and internationally. It provides a learning commerce platform that provides courses, communities, AI and commerce. The company was incorporated in 2012 and is headquartered in Vancouver, Canada.