Sinmag Equipment (1580) - Total Liabilities
Based on the latest financial reports, Sinmag Equipment (1580) has total liabilities worth NT$1.05 Billion TWD (≈ $32.95 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 1580 cash flow metrics to assess how effectively this company generates cash.
Sinmag Equipment - Total Liabilities Trend (2017–2024)
This chart illustrates how Sinmag Equipment's total liabilities have evolved over time, based on quarterly financial data. Check financial resilience of Sinmag Equipment to evaluate the company's liquid asset resilience ratio.
Sinmag Equipment Competitors by Total Liabilities
The table below lists competitors of Sinmag Equipment ranked by their total liabilities.
| Company | Country | Total Liabilities |
|---|---|---|
|
QuickLogic Corporation
NASDAQ:QUIK
|
USA | $22.34 Million |
|
Coca Cola HBC AG
LSE:CCH
|
UK | GBX7.67 Billion |
|
Acme Electronics
TWO:8121
|
Taiwan | NT$2.83 Billion |
|
Urbana Corporation
TO:URB-A
|
Canada | CA$69.29 Million |
|
Elme Communities
NYSE:ELME
|
USA | $777.68 Million |
|
Lippo Cikarang Tbk
JK:LPCK
|
Indonesia | Rp4.50 Trillion |
|
Mycenax Biotech
TWO:4726
|
Taiwan | NT$1.69 Billion |
|
Profarma Distribuidora de Produtos Farmacêuticos S.A
SA:PFRM3
|
Brazil | R$3.96 Billion |
Liability Composition Analysis (2017–2024)
This chart breaks down Sinmag Equipment'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 cap of Sinmag Equipment.
Liquidity & Leverage Metrics
Key Metrics Explained
| Metric | Value | Description |
|---|---|---|
| Current Ratio | 2.77 | 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 | 0.36 | Measures financial leverage (Total Liabilities ÷ Shareholder Equity) |
| Debt to Assets | 0.25 | 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 Sinmag Equipment's debt structure has evolved. The comparison includes total liabilities, long-term debt, and current liabilities.
Annual Total Liabilities for Sinmag Equipment (2017–2024)
The table below shows the annual total liabilities of Sinmag Equipment from 2017 to 2024.
| Year | Total Liabilities | Change |
|---|---|---|
| 2024-12-31 | NT$1.15 Billion ≈ $36.33 Million |
+15.17% |
| 2023-12-31 | NT$1.00 Billion ≈ $31.55 Million |
-1.28% |
| 2022-12-31 | NT$1.01 Billion ≈ $31.95 Million |
-21.56% |
| 2021-12-31 | NT$1.29 Billion ≈ $40.74 Million |
+15.99% |
| 2020-12-31 | NT$1.11 Billion ≈ $35.12 Million |
+18774.20% |
| 2019-12-31 | NT$5.91 Million ≈ $186.07K |
-99.47% |
| 2018-12-31 | NT$1.11 Billion ≈ $35.08 Million |
-11.65% |
| 2017-12-31 | NT$1.26 Billion ≈ $39.71 Million |
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About Sinmag Equipment
Sinmag Equipment Corporation engages in the manufacturing, research and development, sale, and after services in the bakery and kitchen equipment field in Taiwan, China, and the United States. The company offers bakery equipment, such as working table, deck oven and proofer, refrigerator, in-store equipment, planetary and spiral mixer, slicer, divider rounder, molder, sheeter, as well as convecti… Read more