Mustang Industrial (5460) - Total Liabilities

Latest as of March 2026: NT$78.91 Million TWD ≈ $2.49 Million USD

Based on the latest financial reports, Mustang Industrial (5460) has total liabilities worth NT$78.91 Million TWD (≈ $2.49 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 Mustang Industrial liquid asset ratio to evaluate the company's liquid asset resilience ratio.

Mustang Industrial - Total Liabilities Trend (2017–2025)

This chart illustrates how Mustang Industrial's total liabilities have evolved over time, based on quarterly financial data. For the complete balance sheet picture, see Mustang Industrial asset portfolio.

Mustang Industrial Competitors by Total Liabilities

The table below lists competitors of Mustang Industrial ranked by their total liabilities.

Company	Country	Total Liabilities
Winix Inc KQ:044340	Korea	₩395.44 Billion
WebCash Corporation KQ:053580	Korea	₩20.23 Billion
Mepet Metro Petrol ve Tesisleri Sanayi Ticaret AS IS:MEPET	Turkey	TL529.31 Million
Kalamazoo Resources Ltd AU:KZR	Australia	AU$823.70K
Unifin Financiera S. A. B. de C. V MX:UNIFINA	Mexico	MX$83.80 Billion
Battalion Oil Corp NYSE MKT:BATL	USA	$511.94 Million
Shaftesbury Capital PLC LSE:SHC	UK	GBX1.04 Billion
Genoway PA:ALGEN	France	€20.43 Million

Liability Composition Analysis (2017–2025)

This chart breaks down Mustang Industrial'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 Mustang Industrial (5460) net asset quality to measure how much of total assets are equity-financed.

Liquidity & Leverage Metrics

Key Metrics Explained

Metric	Value	Description
Current Ratio	11.37	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	0.11	Measures financial leverage (Total Liabilities ÷ Shareholder Equity)
Debt to Assets	0.10	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 Mustang Industrial's debt structure has evolved. The comparison includes total liabilities, long-term debt, and current liabilities.

Annual Total Liabilities for Mustang Industrial (2017–2025)

The table below shows the annual total liabilities of Mustang Industrial from 2017 to 2025.

Year	Total Liabilities	Change
2025-12-31	NT$84.79 Million ≈ $2.67 Million	-8.35%
2024-12-31	NT$92.52 Million ≈ $2.91 Million	-7.36%
2023-12-31	NT$99.87 Million ≈ $3.15 Million	-15.86%
2022-12-31	NT$118.69 Million ≈ $3.74 Million	-15.94%
2021-12-31	NT$141.20 Million ≈ $4.45 Million	-18.44%
2020-12-31	NT$173.12 Million ≈ $5.45 Million	-25.56%
2019-12-31	NT$232.56 Million ≈ $7.33 Million	-23.24%
2018-12-31	NT$302.97 Million ≈ $9.55 Million	+12.81%
2017-12-31	NT$268.57 Million ≈ $8.46 Million	--

About Mustang Industrial

TWO:5460 Taiwan Metal Fabrication

Market Cap

$31.11 Million

NT$987.47 Million TWD

Market Cap Rank

#23718 Global

#1480 in Taiwan

Share Price

NT$16.80

Change (1 day)

+0.60%

52-Week Range

NT$13.65 - NT$19.30

All Time High

NT$22.70