Rytvae Consulting · Think Right · Invest Right
Total Outside Liabilities Calculator
Result
Chart
Show formula & working
TOL = Balance-sheet total − (Share capital + Reserves & surplus)
Details
How this works
TOL covers all liabilities — borrowings, creditors, provisions and others. Compared with tangible net worth it gives TOL/TNW, a key leverage ratio for working capital lending.
If promoters' loans are subordinated, many lenders move them from TOL to net worth.
Frequently asked questions
Does TOL include deferred tax liability?
Yes — it is an outside liability in the balance sheet, although some analyses exclude it.
What is a typical TOL/TNW?
Lenders commonly look for 3x or less, some up to 4x — see the TOL/TNW calculator.
Getting accounts ready for a lender?
How figures are classified changes the ratios lenders read. Talk to Rytvae before you submit.