QIND (Quality Industrial) Total Liabilities: $172.00 Mil (As of Jun. 2023)


What is Quality Industrial Total Liabilities?

Quality Industrial QIND +1.90% Total Liabilities is $172.00 Mil as of Jun. 2023.

Quality Industrial's Total Liabilities for the quarter that ended in Jun. 2023 was $172.00 Mil.

Quality Industrial's quarterly Total Liabilities declined from Dec. 2022 ($173.82 Mil) to Mar. 2023 ($171.11 Mil) but then increased from Mar. 2023 ($171.11 Mil) to Jun. 2023 ($172.00 Mil).

Quality Industrial's annual Total Liabilities increased from Dec. 2020 ($0.23 Mil) to Dec. 2021 ($0.60 Mil) and increased from Dec. 2021 ($0.60 Mil) to Dec. 2022 ($173.82 Mil).

Quality Industrial Total Liabilities Historical Data

* Premium members only.

The historical data trend for Quality Industrial'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.

Quality Industrial Total Liabilities Chart

Quality Industrial Annual Data
Trend Dec19 Dec20 Dec21 Dec22
Total Liabilities
0.06 0.23 0.60 173.82

Quality Industrial Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
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 0.12 34.33 173.82 171.11 172.00

Quality Industrial 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.

Quality Industrial's Total Liabilities for the fiscal year that ended in Dec. 2022 is calculated as

Total Liabilities=Total Current Liabilities+Total Noncurrent Liabilities
=Total Current Liabilities+(Long-Term Debt & Capital Lease Obligation+Other Long-Term Liabilities
=144.686+(27.175+-9.9920072216264E-15
+NonCurrent Deferred Liabilities+PensionAndRetirementBenefit+NonCurrent Deferred Income Tax)
+0+1.954+0)
=173.82

Total Liabilities=Total Assets (A: Dec. 2022 )-Total Equity (A: Dec. 2022 )
=200.692-26.877
=173.82

Quality Industrial's Total Liabilities for the quarter that ended in Jun. 2023 is calculated as

Total Liabilities=Total Current Liabilities+Total Noncurrent Liabilities
=Total Current Liabilities+(Long-Term Debt & Capital Lease Obligation+Other Long-Term Liabilities
=143.647+(26.413+0.0010000000000037
+NonCurrent Deferred Liabilities+PensionAndRetirementBenefit+NonCurrent Deferred Income Tax)
+0+1.938+0)
=172.00

Total Liabilities=Total Assets (Q: Jun. 2023 )-Total Equity (Q: Jun. 2023 )
=205.203-33.204
=172.00

* 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 $172.00 Mil mean?
Quality Industrial (QIND) has a Total Liabilities of $172.00 Mil as of Jun. 2023. The total amount of liabilities as recorded on a company's balance sheet. View historical data for Quality Industrial and its competitors.
Is Quality Industrial's Total Liabilities too high?
Quality Industrial's current Total Liabilities is $172.00 Mil.
How does Quality Industrial's Total Liabilities compare to OPTT and AUSI?
Quality Industrial's Total Liabilities of $172.00 Mil can be compared against companies in the Industrial Products 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 Industrial Products company?
A good Total Liabilities depends on the Industrial Products 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 Quality Industrial and its competitors. Quality Industrial's current Total Liabilities is $172.00 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Quality Industrial stock overvalued right now?
Quality Industrial (QIND) has a current Total Liabilities of $172.00 Mil. The current Total Liabilities is $172.00 Mil. 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 Quality Industrial (QIND), the current Total Liabilities is $172.00 Mil as of Jun. 2023. 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.

Quality Industrial Business Description

Address 505 Montgomery Street, San Francisco, CA, USA, 94104
Quality Industrial Corp is engaged in the manufacture and assembly of industrial equipment and precision-engineered technology for the Industrial, Oil & Gas, and Utility sectors. Its services include consulting, designing, supplying, installing, and maintaining LPG systems, as well as the transportation and supply of LPG in both bulk and cylinder formats. The firm cater to a diverse range of clients, including commercial buildings, mixed-use apartment complexes, shopping centers, food courts, heavy industries, labor accommodations, catering units, commercial kitchens, and dining establishments.