Quorum Information Technologies Inc Total Liabilities
Quorum Information Technologies Inc total liabilities. Based on the latest financial reports, Quorum Information Technologies Inc (QIS) has total liabilities worth CA$10.48 Million CAD (≈ $7.58 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. See Quorum Information Technologies Inc (QIS) defensive interval to measure how many days the company can operate on defensive assets alone.
Total Liabilities of Quorum Information Technologies Inc (2001–2024)
Total liabilities of Quorum Information Technologies Inc from 2001 to 2024. This chart illustrates how Quorum Information Technologies Inc's total liabilities have evolved over time, based on quarterly financial data.
Quorum Information Technologies Inc Competitors by Total Liabilities
The table below lists competitors of Quorum Information Technologies Inc ranked by their total liabilities.
| Company | Country | Total Liabilities |
|---|---|---|
|
Cryosite Ltd
AU:CTE
|
Australia | AU$22.94 Million |
|
SMS Lifesciences India Limited
NSE:SMSLIFE
|
India | Rs1.71 Billion |
|
Exel Composites Oyj
HE:EXL1V
|
Finland | €61.14 Million |
|
Granprade
JSE:GPL
|
South Africa | ZAC14.87 Million |
|
International Distributions Services PLC
LSE:IDS
|
UK | GBX4.84 Billion |
|
Surapon Foods Public Company Limited
BK:SSF
|
Thailand | ฿1.38 Billion |
|
E& Corporation CO. LTD
KQ:066980
|
Korea | ₩110.22 Billion |
|
Cyan AG
XETRA:CYR
|
Germany | €3.27 Million |
Liability Composition Analysis (2001–2024)
This chart breaks down Quorum Information Technologies 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 complete balance sheet picture, see QIS total assets.
Liquidity & Leverage Metrics
Quorum Information Technologies Inc Total Liabilities Ratios Explained
Quorum Information Technologies Inc total liabilities ratios compare its liabilities with its current assets, cash and shareholder equity.
| Metric | Value | Description |
|---|---|---|
| Current Ratio | 2.50 | 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 | 0.35 | Measures financial leverage (Total Liabilities ÷ Shareholder Equity) |
| Debt to Assets | 0.26 | 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 Quorum Information Technologies Inc's debt structure has evolved. The comparison includes total liabilities, long-term debt, and current liabilities.
Annual Total Liabilities for Quorum Information Technologies Inc (2001–2024)
The table below shows the annual total liabilities of Quorum Information Technologies Inc from 2001 to 2024.
| Year | Total Liabilities | Change |
|---|---|---|
| 2024-12-31 | CA$12.90 Million ≈ $9.33 Million |
-31.29% |
| 2023-12-31 | CA$18.77 Million ≈ $13.58 Million |
-8.68% |
| 2022-12-31 | CA$20.55 Million ≈ $14.87 Million |
+18.07% |
| 2021-12-31 | CA$17.41 Million ≈ $12.59 Million |
-10.74% |
| 2020-12-31 | CA$19.50 Million ≈ $14.11 Million |
+3.59% |
| 2019-12-31 | CA$18.83 Million ≈ $13.62 Million |
+38.67% |
| 2018-12-31 | CA$13.58 Million ≈ $9.82 Million |
+606.48% |
| 2017-12-31 | CA$1.92 Million ≈ $1.39 Million |
+23.33% |
| 2016-12-31 | CA$1.56 Million ≈ $1.13 Million |
+8.72% |
| 2015-12-31 | CA$1.43 Million ≈ $1.04 Million |
+5.17% |
| 2014-12-31 | CA$1.36 Million ≈ $985.83K |
+33.26% |
| 2013-12-31 | CA$1.02 Million ≈ $739.78K |
+10.08% |
| 2012-12-31 | CA$929.01K ≈ $672.03K |
-6.18% |
| 2011-12-31 | CA$990.21K ≈ $716.30K |
-0.38% |
| 2010-12-31 | CA$994.03K ≈ $719.07K |
-59.09% |
| 2009-12-31 | CA$2.43 Million ≈ $1.76 Million |
-9.69% |
| 2008-12-31 | CA$2.69 Million ≈ $1.95 Million |
+91.45% |
| 2007-12-31 | CA$1.41 Million ≈ $1.02 Million |
-14.53% |
| 2006-12-31 | CA$1.64 Million ≈ $1.19 Million |
+81.69% |
| 2005-12-31 | CA$905.06K ≈ $654.71K |
+50.10% |
| 2004-12-31 | CA$602.99K ≈ $436.19K |
-13.48% |
| 2003-12-31 | CA$696.91K ≈ $504.13K |
-32.31% |
| 2002-12-31 | CA$1.03 Million ≈ $744.78K |
-3.88% |
| 2001-12-31 | CA$1.07 Million ≈ $774.81K |
-- |
About Quorum Information Technologies Inc
Quorum Information Technologies Inc., an information technology company, focuses on the automotive retail business in Canada and the United States. The company operates through three segments: Software as a Service, Business Development Centre, and Services and one-time. It develops, markets, implements, and supports software products for the automotive market, including Quorum DMS, a dealership … Read more