Pyramid AG (HAM:M3B0) Total Liabilities: €23.86 Mil (As of Dec. 2025)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

HAM:M3B0 Pyramid AG HAM:M3B0
38 GF Score
Price €1.30
GF Value €4.23
Valuation Possible Value Trap
! 3 Warning Signs
View Full Analysis

What is Pyramid AG Total Liabilities?

Pyramid AG HAM:M3B0 38 Total Liabilities is €23.86 Mil as of Dec. 2025. GuruFocus rates HAM:M3B0 with a GF Score™ of 38/100 and a GF Value™ of €4.23 (Possible Value Trap). The stock has 3 warning signs investors should review.

Pyramid AG's Total Liabilities for the quarter that ended in Dec. 2025 was €23.86 Mil.

Pyramid AG's quarterly Total Liabilities declined from Dec. 2024 (€36.76 Mil) to Jun. 2025 (€32.68 Mil) and declined from Jun. 2025 (€32.68 Mil) to Dec. 2025 (€23.86 Mil).

Pyramid AG's annual Total Liabilities increased from Dec. 2023 (€28.69 Mil) to Dec. 2024 (€36.76 Mil) but then declined from Dec. 2024 (€36.76 Mil) to Dec. 2025 (€23.86 Mil).

Pyramid AG Total Liabilities Historical Data

* Premium members only.

The historical data trend for Pyramid AG's Total Liabilities can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Pyramid AG Total Liabilities Chart

Pyramid AG Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Total Liabilities
Get a 7-Day Free Trial Premium Member Only Premium Member Only 17.67 49.40 28.69 36.76 23.86

Pyramid AG Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Total Liabilities Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 28.69 26.61 36.76 32.68 23.86
HAM:M3B0
38GF Score
Pyramid AG HAM:M3B0
Total Liabilities is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Pyramid AG Total Liabilities Calculation

Total Liabilities are the liabilities that the company has to pay others. It is a part of the balance sheet of a company that shareholders do not own, and would be obligated to pay back if the company liquidated.

Pyramid AG's Total Liabilities for the fiscal year that ended in Dec. 2025 is calculated as

Total Liabilities=Total Current Liabilities+Total Noncurrent Liabilities
=Total Current Liabilities+(Long-Term Debt & Capital Lease Obligation+Other Long-Term Liabilities
=16.293+(4.907+2.66
+NonCurrent Deferred Liabilities+PensionAndRetirementBenefit+NonCurrent Deferred Income Tax)
+0+0+0)
=23.86

Total Liabilities=Total Assets (A: Dec. 2025 )-Total Equity (A: Dec. 2025 )
=51.426-27.566
=23.86

Pyramid AG's Total Liabilities for the quarter that ended in Dec. 2025 is calculated as

Total Liabilities=Total Current Liabilities+Total Noncurrent Liabilities
=Total Current Liabilities+(Long-Term Debt & Capital Lease Obligation+Other Long-Term Liabilities
=16.293+(4.907+2.66
+NonCurrent Deferred Liabilities+PensionAndRetirementBenefit+NonCurrent Deferred Income Tax)
+0+0+0)
=23.86

Total Liabilities=Total Assets (Q: Dec. 2025 )-Total Equity (Q: Dec. 2025 )
=51.426-27.566
=23.86

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Total Liabilities →
What does a Total Liabilities of €23.86 Mil mean?
Pyramid AG (HAM:M3B0) has a Total Liabilities of €23.86 Mil as of Dec. 2025. The total amount of liabilities as recorded on a company's balance sheet. View historical data for Pyramid AG and its competitors.
Is Pyramid AG's Total Liabilities too high?
Pyramid AG's current Total Liabilities is €23.86 Mil. Overall, Pyramid AG has a GF Score™ of 38/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Pyramid AG's Total Liabilities compare to BLK and BX?
Pyramid AG's Total Liabilities of €23.86 Mil can be compared against companies in the Asset Management industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Liabilities for an Asset Management company?
A good Total Liabilities depends on the Asset Management industry context. However, Total Liabilities should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Total Liabilities mean?
A high Total Liabilities can signal that a stock is expensive relative to its fundamentals. The total amount of liabilities as recorded on a company's balance sheet. View historical data for Pyramid AG and its competitors. Pyramid AG's current Total Liabilities is €23.86 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pyramid AG stock overvalued right now?
Based on GuruFocus' analysis, Pyramid AG (HAM:M3B0) is currently considered Possible Value Trap. The stock's GF Value™ is €4.23, compared to a current price of €1.30 — trading 69.3% below its estimated fair value. The current Total Liabilities is €23.86 Mil. Pyramid AG's overall GF Score™ is 38/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Liabilities calculated?
Total Liabilities is calculated from a company's financial statements. For Pyramid AG (HAM:M3B0), the current Total Liabilities is €23.86 Mil as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Pyramid AG (HAM:M3B0) Overvalued in 2026?

Based on GuruFocus' analysis, Pyramid AG stock appears to be undervalued. The current stock price of €1.30 is trading 69.3% below its estimated GF Value™ of €4.23. GuruFocus considers Pyramid AG to be Possible Value Trap.

Key valuation signals for HAM:M3B0:

  • Total Liabilities: €23.86 Mil
  • GF Value™: €4.23 vs. price of €1.30 (69.3% below fair value)
  • GF Score™: 38/100 with 3 warning signs

No single metric tells the full story. See the HAM:M3B0 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Pyramid AG Business Description

Other Exchanges M3B0:Germany
Address Sendlinger-Tor-Platz 8, Munich, DEU, 80336
Pyramid AG Formerly mic AG is an investment company. It invests in young technology companies in the field of fiber optics, clean tech, software, microsystems and IT among others. The portfolio comprises of Aifotec AG, 3-Edge Gmbh, and FiSec Gmbh and among others. Its portfolio comprises of u-GPS Optics GmbH, a developer of a technology for three-dimensional (3D) optical measurements, Flores Solar Water GmbH, which develops a low-cost water treatment plant that uses solar thermal energy.
38GF Score

Get the complete analysis for HAM:M3B0

Total Liabilities is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€1.30
Price
€4.23
GF Value