HG Metal Manufacturing (SGX:BTG) Total Liabilities: S$20.8 Mil (As of Mar. 2026)

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.

SGX:BTG HG Metal Manufacturing Ltd SGX:BTG
48 GF Score
Price S$0.49
GF Value S$0.17
Valuation Significantly Overvalued
! 3 Warning Signs
View Full Analysis

What is HG Metal Manufacturing Total Liabilities?

HG Metal Manufacturing SGX:BTG 48 Total Liabilities is S$20.8 Mil as of Mar. 2026. GuruFocus rates SGX:BTG with a GF Score™ of 48/100 and a GF Value™ of S$0.17 (Significantly Overvalued). The stock has 3 warning signs investors should review.

HG Metal Manufacturing's Total Liabilities for the quarter that ended in Mar. 2026 was S$20.8 Mil.

HG Metal Manufacturing's quarterly Total Liabilities declined from Dec. 2024 (S$23.41 Mil) to Jun. 2025 (S$22.42 Mil) and declined from Jun. 2025 (S$22.42 Mil) to Mar. 2026 (S$20.79 Mil).

HG Metal Manufacturing's annual Total Liabilities declined from Dec. 2021 (S$57.85 Mil) to Dec. 2022 (S$55.21 Mil) and declined from Dec. 2022 (S$55.21 Mil) to Dec. 2023 (S$31.90 Mil).


HG Metal Manufacturing Total Liabilities Historical Data

* Premium members only.

The historical data trend for HG Metal Manufacturing'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.

HG Metal Manufacturing Total Liabilities Chart

HG Metal Manufacturing Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Liabilities
Get a 7-Day Free Trial Premium Member Only Premium Member Only 70.15 43.22 57.85 55.21 31.90

HG Metal Manufacturing Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Mar26
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 31.90 27.05 23.41 22.42 20.79
SGX:BTG
48GF Score
HG Metal Manufacturing Ltd SGX:BTG
Total Liabilities is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

HG Metal Manufacturing 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.

HG Metal Manufacturing's Total Liabilities for the fiscal year that ended in Dec. 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
=18.162+(11.533+2.203
+NonCurrent Deferred Liabilities+PensionAndRetirementBenefit+NonCurrent Deferred Income Tax)
+0+0+0)
=31.9

Total Liabilities=Total Assets (A: Dec. 2023 )-Total Equity (A: Dec. 2023 )
=137.058-105.16
=31.9

HG Metal Manufacturing's Total Liabilities for the quarter that ended in Mar. 2026 is calculated as

Total Liabilities=Total Current Liabilities+Total Noncurrent Liabilities
=Total Current Liabilities+(Long-Term Debt & Capital Lease Obligation+Other Long-Term Liabilities
=10.852+(7.743+2.195
+NonCurrent Deferred Liabilities+PensionAndRetirementBenefit+NonCurrent Deferred Income Tax)
+0+0+0)
=20.8

Total Liabilities=Total Assets (Q: Mar. 2026 )-Total Equity (Q: Mar. 2026 )
=176.21-155.42
=20.8

* 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 S$20.8 Mil mean?
HG Metal Manufacturing (SGX:BTG) has a Total Liabilities of S$20.8 Mil as of Mar. 2026. The total amount of liabilities as recorded on a company's balance sheet. View historical data for HG Metal Manufacturing and its competitors.
Is HG Metal Manufacturing's Total Liabilities too high?
HG Metal Manufacturing's current Total Liabilities is S$20.8 Mil. Overall, HG Metal Manufacturing has a GF Score™ of 48/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does HG Metal Manufacturing's Total Liabilities compare to NUE and STLD?
HG Metal Manufacturing's Total Liabilities of S$20.8 Mil can be compared against companies in the Steel 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 a Steel company?
A good Total Liabilities depends on the Steel 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 HG Metal Manufacturing and its competitors. HG Metal Manufacturing's current Total Liabilities is S$20.8 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is HG Metal Manufacturing stock overvalued right now?
Based on GuruFocus' analysis, HG Metal Manufacturing (SGX:BTG) is currently considered Significantly Overvalued. The stock's GF Value™ is S$0.17, compared to a current price of S$0.49 — trading 188.2% above its estimated fair value. The current Total Liabilities is S$20.8 Mil. HG Metal Manufacturing's overall GF Score™ is 48/100 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 HG Metal Manufacturing (SGX:BTG), the current Total Liabilities is S$20.8 Mil as of Mar. 2026. 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 HG Metal Manufacturing (SGX:BTG) Overvalued in 2026?

Based on GuruFocus' analysis, HG Metal Manufacturing stock appears to be overvalued. The current stock price of S$0.49 is trading 188.2% above its estimated GF Value™ of S$0.17. GuruFocus considers HG Metal Manufacturing to be Significantly Overvalued.

Key valuation signals for SGX:BTG:

  • Total Liabilities: S$20.8 Mil
  • GF Value™: S$0.17 vs. price of S$0.49 (188.2% above fair value)
  • GF Score™: 48/100 with 3 warning signs

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


HG Metal Manufacturing Business Description

Address 28 Jalan Buroh, Singapore, SGP, 619484
HG Metal Manufacturing Ltd is involved in the steel business. The Company operates through business units including HG Distribution, HG Construction Steel, HG Coupler, and Thread. Its operating segments comprise the Trading segment, the Manufacturing segment, and Others. The Trading segment supplies steel products and includes investments in subsidiaries engaged in steel distribution and the provision of industrial steel services. The Manufacturing segment produces construction steel products and provides related engineering services. The Others segment includes activities that do not fall under the Trading or Manufacturing segments. The majority of the Company's revenue is generated from the Manufacturing segment, with the maximum of its revenue derived from Singapore.
48GF Score

Get the complete analysis for SGX:BTG

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

S$0.49
Price
S$0.17
GF Value