Mint Corp (MIT) - Total Liabilities
Based on the latest financial reports, Mint Corp (MIT) has total liabilities worth CA$888.36K CAD (≈ $642.62K USD) as of December 2023. 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 how efficiently does Mint Corp generate cash to assess how effectively this company generates cash.
Mint Corp - Total Liabilities Trend (2015–2023)
This chart illustrates how Mint Corp's total liabilities have evolved over time, based on quarterly financial data. Check asset resilience ratio of Mint Corp to evaluate the company's liquid asset resilience ratio.
Mint Corp Competitors by Total Liabilities
The table below lists competitors of Mint Corp ranked by their total liabilities.
| Company | Country | Total Liabilities |
|---|---|---|
|
Davis Commodities Limited Ordinary Shares
NASDAQ:DTCK
|
USA | $26.53 Million |
|
Nanologica AB
ST:NICA
|
Sweden | Skr65.47 Million |
|
Hubify Ltd
AU:HFY
|
Australia | AU$3.73 Million |
|
Maple Peak Investments Inc
V:MAP
|
Canada | CA$45.57K |
|
Auction Technology Group PLC
LSE:ATG
|
UK | GBX250.77 Million |
|
Mantle Minerals Ltd
AU:MTL
|
Australia | AU$320.88K |
|
BCM Alliance Bhd
KLSE:0187
|
Malaysia | RM36.45 Million |
Liability Composition Analysis (2015–2023)
This chart breaks down Mint 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 Mint Corp.
Liquidity & Leverage Metrics
Key Metrics Explained
| Metric | Value | Description |
|---|---|---|
| Current Ratio | 0.06 | 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 | -1.06 | Measures financial leverage (Total Liabilities ÷ Shareholder Equity) |
| Debt to Assets | 17.36 | 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 Mint Corp's debt structure has evolved. The comparison includes total liabilities, long-term debt, and current liabilities.
Annual Total Liabilities for Mint Corp (2015–2023)
The table below shows the annual total liabilities of Mint Corp from 2015 to 2023.
| Year | Total Liabilities | Change |
|---|---|---|
| 2023-12-31 | CA$888.36K ≈ $642.62K |
+70.60% |
| 2022-12-31 | CA$520.73K ≈ $376.68K |
-98.32% |
| 2021-12-31 | CA$31.03 Million ≈ $22.45 Million |
+18.33% |
| 2020-12-31 | CA$26.22 Million ≈ $18.97 Million |
+12.40% |
| 2019-12-31 | CA$23.33 Million ≈ $16.88 Million |
+21.29% |
| 2018-12-31 | CA$19.24 Million ≈ $13.91 Million |
-71.71% |
| 2017-12-31 | CA$67.99 Million ≈ $49.18 Million |
+3.76% |
| 2016-12-31 | CA$65.52 Million ≈ $47.40 Million |
+5.43% |
| 2015-12-31 | CA$62.15 Million ≈ $44.96 Million |
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About Mint Corp
The Mint Corporation, through its subsidiaries, provides vertically integrated prepaid card and payroll services primarily in the Middle East. It manages the issuance, administration, customer support, payment processing, set-up, sponsorship, and regulated reporting of cards and related activities to government authorities. It offers its solutions through a network of ATMs, payment processing pla… Read more