Sincere Navigation Corp (2605) - Total Liabilities
Based on the latest financial reports, Sincere Navigation Corp (2605) has total liabilities worth NT$4.54 Billion TWD (≈ $143.02 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 Sincere Navigation Corp annual equity growth to track the company's year-over-year net asset growth rate.
Sincere Navigation Corp - Total Liabilities Trend (2000–2024)
This chart illustrates how Sincere Navigation Corp's total liabilities have evolved over time, based on quarterly financial data. See cash generation quality of Sincere Navigation Corp to measure how efficiently the company converts operating cash flow to free cash.
Sincere Navigation Corp Competitors by Total Liabilities
The table below lists competitors of Sincere Navigation Corp ranked by their total liabilities.
| Company | Country | Total Liabilities |
|---|---|---|
|
Tibet Weixinkang Medicine Co Ltd
SHG:603676
|
China | CN¥406.29 Million |
|
Guangzhou Pearl River Industrial Development Co Ltd
SHG:600684
|
China | CN¥842.36 Million |
|
Farglory FTZ Investment Holding Co Ltd
TW:5607
|
Taiwan | NT$16.67 Billion |
|
TomTom NV
AS:TOM2
|
Netherlands | €565.10 Million |
|
Gloria Material Technology
TWO:5009
|
Taiwan | NT$15.66 Billion |
|
ION Exchange (India) Limited
NSE:IONEXCHANG
|
India | Rs20.40 Billion |
|
Noah Holdings Ltd
NYSE:NOAH
|
USA | $1.65 Billion |
|
Mega-info Media Co.Ltd.
SHE:301102
|
China | CN¥965.58 Million |
Liability Composition Analysis (2000–2024)
This chart breaks down Sincere Navigation Corp'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 market value of Sincere Navigation Corp.
Liquidity & Leverage Metrics
Key Metrics Explained
| Metric | Value | Description |
|---|---|---|
| Current Ratio | 1.68 | 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 | 0.28 | Measures financial leverage (Total Liabilities ÷ Shareholder Equity) |
| Debt to Assets | 0.22 | 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 Sincere Navigation Corp's debt structure has evolved. The comparison includes total liabilities, long-term debt, and current liabilities.
Annual Total Liabilities for Sincere Navigation Corp (2000–2024)
The table below shows the annual total liabilities of Sincere Navigation Corp from 2000 to 2024.
| Year | Total Liabilities | Change |
|---|---|---|
| 2024-12-31 | NT$4.11 Billion ≈ $129.41 Million |
-21.46% |
| 2023-12-31 | NT$5.23 Billion ≈ $164.77 Million |
+24.62% |
| 2022-12-31 | NT$4.20 Billion ≈ $132.22 Million |
-25.96% |
| 2021-12-31 | NT$5.67 Billion ≈ $178.57 Million |
+2.92% |
| 2020-12-31 | NT$5.51 Billion ≈ $173.51 Million |
-16.56% |
| 2019-12-31 | NT$6.60 Billion ≈ $207.94 Million |
-4.69% |
| 2018-12-31 | NT$6.93 Billion ≈ $218.18 Million |
+1.68% |
| 2017-12-31 | NT$6.81 Billion ≈ $214.57 Million |
-2.97% |
| 2016-12-31 | NT$7.02 Billion ≈ $221.13 Million |
-20.46% |
| 2015-12-31 | NT$8.82 Billion ≈ $278.01 Million |
-17.65% |
| 2014-12-31 | NT$10.72 Billion ≈ $337.60 Million |
-1.78% |
| 2013-12-31 | NT$10.91 Billion ≈ $343.72 Million |
-15.70% |
| 2012-12-31 | NT$12.94 Billion ≈ $407.72 Million |
-0.75% |
| 2011-12-31 | NT$13.04 Billion ≈ $410.80 Million |
+15.97% |
| 2010-12-31 | NT$11.24 Billion ≈ $354.24 Million |
-7.00% |
| 2009-12-31 | NT$12.09 Billion ≈ $380.92 Million |
-0.95% |
| 2008-12-31 | NT$12.21 Billion ≈ $384.57 Million |
+22.48% |
| 2007-12-31 | NT$9.97 Billion ≈ $313.99 Million |
-17.43% |
| 2006-12-31 | NT$12.07 Billion ≈ $380.26 Million |
+12.43% |
| 2005-12-31 | NT$10.74 Billion ≈ $338.23 Million |
+48.21% |
| 2004-12-31 | NT$7.24 Billion ≈ $228.21 Million |
-10.68% |
| 2003-12-31 | NT$8.11 Billion ≈ $255.51 Million |
+9.14% |
| 2002-12-31 | NT$7.43 Billion ≈ $234.12 Million |
+8.06% |
| 2001-12-31 | NT$6.88 Billion ≈ $216.66 Million |
-6.28% |
| 2000-12-31 | NT$7.34 Billion ≈ $231.19 Million |
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About Sincere Navigation Corp
Sincere Navigation Corporation, a shipping transportation company, owns and operates bulk cargo vessels in Taiwan. Its fleet includes dry bulk carriers, tankers, and woodchip carriers. Sincere Navigation Corporation serves coal and iron ore miner, steel, energy, and paper industries. The company was founded in 1960 and is headquartered in Taipei, Taiwan.