Military Insurance Corp (MIG) - Total Liabilities
Based on the latest financial reports, Military Insurance Corp (MIG) has total liabilities worth ₫8.65 Trillion VND (≈ $328.52 Million USD) as of December 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.
Military Insurance Corp - Total Liabilities Trend (2020–2025)
This chart illustrates how Military Insurance Corp's total liabilities have evolved over time, based on quarterly financial data. Check Military Insurance Corp (MIG) asset resilience to evaluate the company's liquid asset resilience ratio.
Military Insurance Corp Competitors by Total Liabilities
The table below lists competitors of Military Insurance Corp ranked by their total liabilities.
| Company | Country | Total Liabilities |
|---|---|---|
|
LOT VACUUM Co. Ltd
KQ:083310
|
Korea | ₩74.58 Billion |
|
Southern Palladium Ltd
AU:SPD
|
Australia | AU$283.29K |
|
Mahkota Group Tbk PT
JK:MGRO
|
Indonesia | Rp2.60 Trillion |
|
Warehouses Estates Belgium SCA
BR:WEB
|
Belgium | €170.73 Million |
|
Sanghi Industries Limited
NSE:SANGHIIND
|
India | Rs33.42 Billion |
|
AAPICO Hitech Public Company Limited
BK:AH
|
Thailand | ฿12.04 Billion |
|
Carnarvon Energy Ltd
AU:CVN
|
Australia | AU$4.79 Million |
Liability Composition Analysis (2020–2025)
This chart breaks down Military Insurance 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 Military Insurance Corp (MIG) market capitalisation.
Liquidity & Leverage Metrics
Key Metrics Explained
| Metric | Value | Description |
|---|---|---|
| Current Ratio | N/A | 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 | 3.29 | Measures financial leverage (Total Liabilities ÷ Shareholder Equity) |
| Debt to Assets | 0.77 | 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 Military Insurance Corp's debt structure has evolved. The comparison includes total liabilities, long-term debt, and current liabilities.
Annual Total Liabilities for Military Insurance Corp (2020–2025)
The table below shows the annual total liabilities of Military Insurance Corp from 2020 to 2025.
| Year | Total Liabilities | Change |
|---|---|---|
| 2025-12-31 | ₫8.65 Trillion ≈ $328.52 Million |
+12.22% |
| 2024-12-31 | ₫7.70 Trillion ≈ $292.73 Million |
+14.35% |
| 2023-12-31 | ₫6.74 Trillion ≈ $256.00 Million |
+1.28% |
| 2022-12-31 | ₫6.65 Trillion ≈ $252.77 Million |
+38.02% |
| 2021-12-31 | ₫4.82 Trillion ≈ $183.14 Million |
+20.03% |
| 2020-12-31 | ₫4.02 Trillion ≈ $152.57 Million |
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About Military Insurance Corp
Military Insurance Corporation provides various insurance products and services in Vietnam. The company provides human, property, cargo, marine, liability, aviation, motor, technical, mixed, and energy insurances. It is also involved in reinsurance; risk and loss prevention, and limitation activities; loss assessment; compensation settlement; third party claim for reimbursement; investment; and c… Read more