Carlsberg AS (WAR:CARL) Total Liabilities: zł73,560 Mil (As of Dec. 2025)

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WAR:CARL Carlsberg AS WAR:CARL
78 GF Score
Price zł539.80
GF Value zł641.68
! 9 Warning Signs
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What is Carlsberg AS Total Liabilities?

Carlsberg AS WAR:CARL 78 Total Liabilities is zł73,560 Mil as of Dec. 2025. GuruFocus rates WAR:CARL with a GF Score™ of 78/100 and a GF Value™ of zł641.68. The stock has 9 warning signs investors should review.

Carlsberg AS's Total Liabilities for the quarter that ended in Dec. 2025 was zł73,560 Mil.

Carlsberg AS's quarterly Total Liabilities increased from Dec. 2024 (zł44,557.09 Mil) to Jun. 2025 (zł74,643.20 Mil) but then declined from Jun. 2025 (zł74,643.20 Mil) to Dec. 2025 (zł73,559.76 Mil).

Carlsberg AS's annual Total Liabilities declined from Dec. 2023 (zł47,934.64 Mil) to Dec. 2024 (zł44,557.09 Mil) but then increased from Dec. 2024 (zł44,557.09 Mil) to Dec. 2025 (zł73,559.76 Mil).


Carlsberg AS Total Liabilities Historical Data

* Premium members only.

The historical data trend for Carlsberg AS'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.

Carlsberg AS Total Liabilities Chart

Carlsberg AS 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 44,893.54 43,690.19 47,934.64 44,557.09 73,559.76

Carlsberg AS 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 47,934.64 48,453.72 44,557.09 74,643.20 73,559.76
WAR:CARL
78GF Score
Carlsberg AS WAR:CARL
Total Liabilities is just one metric. See GF Score™, valuation, warning signs, and more.
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Carlsberg AS 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.

Carlsberg AS'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
=28967.076+(36668.001+7150.774
+NonCurrent Deferred Liabilities+PensionAndRetirementBenefit+NonCurrent Deferred Income Tax)
+0+773.911+0)
=73,560

Total Liabilities=Total Assets (A: Dec. 2025 )-Total Equity (A: Dec. 2025 )
=91863.928-18304.166
=73,560

Carlsberg AS'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
=28967.076+(36668.001+7150.774
+NonCurrent Deferred Liabilities+PensionAndRetirementBenefit+NonCurrent Deferred Income Tax)
+0+773.911+0)
=73,560

Total Liabilities=Total Assets (Q: Dec. 2025 )-Total Equity (Q: Dec. 2025 )
=91863.928-18304.166
=73,560

* 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 zł73,560 Mil mean?
Carlsberg AS (WAR:CARL) has a Total Liabilities of zł73,560 Mil as of Dec. 2025. The total amount of liabilities as recorded on a company's balance sheet. View historical data for Carlsberg AS and its competitors.
Is Carlsberg AS's Total Liabilities too high?
Carlsberg AS's current Total Liabilities is zł73,560 Mil. Overall, Carlsberg AS has a GF Score™ of 78/100, reflecting its overall financial health beyond just this single metric.
How does Carlsberg AS's Total Liabilities compare to BUD and STZ?
Carlsberg AS's Total Liabilities of zł73,560 Mil can be compared against companies in the Beverages - Alcoholic 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 Beverages - Alcoholic company?
A good Total Liabilities depends on the Beverages - Alcoholic 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 Carlsberg AS and its competitors. Carlsberg AS's current Total Liabilities is zł73,560 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Carlsberg AS stock overvalued right now?
Carlsberg AS (WAR:CARL) has a current Total Liabilities of zł73,560 Mil. The stock's GF Value™ is zł641.68, compared to a current price of zł539.80 — trading 15.9% below its estimated fair value. The current Total Liabilities is zł73,560 Mil. Carlsberg AS's overall GF Score™ is 78/100 with 9 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 Carlsberg AS (WAR:CARL), the current Total Liabilities is zł73,560 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 Carlsberg AS (WAR:CARL) Overvalued in 2026?

Based on GuruFocus' analysis, Carlsberg AS stock appears to be undervalued. The current stock price of zł539.80 is trading 15.9% below its estimated GF Value™ of zł641.68.

Key valuation signals for WAR:CARL:

  • Total Liabilities: zł73,560 Mil
  • GF Value™: zł641.68 vs. price of zł539.80 (15.9% below fair value)
  • GF Score™: 78/100 with 9 warning signs

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


Carlsberg AS Business Description

Address J.C. Jacobsens Gade 1, Copenhagen, DNK, 1799
Carlsberg is the third-largest brewer in the world after Anheuser-Busch InBev and Heineken. It holds leading share in Scandinavia, western China, and several other markets in Asia. Its key brands include Carlsberg, 1664, Tuborg, Holsten, and Somersby. The company's 2025 beverage volume was split among Western Europe (42%), Eastern Europe and India (28%), and Asia (30%).
78GF Score

Get the complete analysis for WAR:CARL

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

zł539.80
Price
zł641.68
GF Value