Galileo Mining Ltd (GAL) - Total Liabilities
Based on the latest financial reports, Galileo Mining Ltd (GAL) has total liabilities worth AU$540.25K AUD (≈ $382.26K USD) as of December 2025. Total liabilities represent everything the company owes to external parties, combining both current liabilities—like accounts payable, short-term debt, and accrued expenses—and non-current liabilities such as long-term debt, pension obligations, lease liabilities, and deferred tax liabilities. Explore how much of Galileo Mining Ltd's assets are long-term investments to see how much of total assets are deployed in long-term investments.
Galileo Mining Ltd - Total Liabilities Trend (2015–2025)
This chart illustrates how Galileo Mining Ltd's total liabilities have evolved over time, based on quarterly financial data. For the complete balance sheet picture, see balance sheet size of Galileo Mining Ltd.
Galileo Mining Ltd Competitors by Total Liabilities
The table below lists competitors of Galileo Mining Ltd ranked by their total liabilities.
| Company | Country | Total Liabilities |
|---|---|---|
|
Olympia Industries Bhd
KLSE:3018
|
Malaysia | RM251.57 Million |
|
CSLM Acquisition Corp.
NASDAQ:CSLMF
|
USA | $11.70 Million |
|
Cerenome, Inc.
NASDAQ:CNSY
|
USA | $8.57 Million |
|
Locksley Resources Ltd
AU:LKY
|
Australia | AU$1.07 Million |
|
StarFlex Co. Ltd
KQ:115570
|
Korea | ₩29.18 Billion |
|
Digicontent Limited
NSE:DGCONTENT
|
India | Rs2.16 Billion |
|
Greenbriar Capital Corp
V:GRB
|
Canada | CA$17.41 Million |
|
Chorokbaem Healthcare Co Ltd
KO:118000
|
Korea | ₩106.27 Billion |
Liability Composition Analysis (2015–2025)
This chart breaks down Galileo Mining Ltd's total liabilities into key components over time: long-term debt, short-term debt, other current liabilities, and other non-current liabilities. Toggle between absolute values and percentage view to see how the composition has shifted. See Galileo Mining Ltd balance sheet independence to measure how much of total assets are equity-financed.
Liquidity & Leverage Metrics
Key Metrics Explained
| Metric | Value | Description |
|---|---|---|
| Current Ratio | 18.61 | Measures ability to pay short-term obligations (Current Assets ÷ Current Liabilities) |
| Quick Ratio | N/A | More stringent measure of short-term liquidity ((Current Assets - Inventory) ÷ Current Liabilities) |
| Cash Ratio | 18.50 | Most conservative liquidity measure (Cash & Equivalents ÷ Current Liabilities) |
| Debt to Equity | 0.01 | Measures financial leverage (Total Liabilities ÷ Shareholder Equity) |
| Debt to Assets | 0.01 | Portion of assets financed with debt (Total Liabilities ÷ Total Assets) |
Liability Trends Comparison
This chart compares key liability metrics across different time periods, showing how Galileo Mining Ltd's debt structure has evolved. The comparison includes total liabilities, long-term debt, and current liabilities.
Annual Total Liabilities for Galileo Mining Ltd (2015–2025)
The table below shows the annual total liabilities of Galileo Mining Ltd from 2015 to 2025.
| Year | Total Liabilities | Change |
|---|---|---|
| 2025-06-30 | AU$653.15K ≈ $462.14K |
-25.03% |
| 2024-06-30 | AU$871.22K ≈ $616.44K |
-39.39% |
| 2023-06-30 | AU$1.44 Million ≈ $1.02 Million |
+119.29% |
| 2022-06-30 | AU$655.49K ≈ $463.80K |
+144.71% |
| 2021-06-30 | AU$267.86K ≈ $189.53K |
-32.44% |
| 2020-06-30 | AU$396.45K ≈ $280.52K |
+34.90% |
| 2019-06-30 | AU$293.88K ≈ $207.94K |
+59.16% |
| 2018-06-30 | AU$184.65K ≈ $130.65K |
-- |
| 2017-12-31 | AU$0.00 ≈ $0.00 |
-- |
| 2017-06-30 | AU$4.25 Million ≈ $3.01 Million |
+18.36% |
| 2016-06-30 | AU$3.59 Million ≈ $2.54 Million |
+10.76% |
| 2015-06-30 | AU$3.25 Million ≈ $2.30 Million |
-- |
About Galileo Mining Ltd
Galileo Mining Ltd engages in the exploration of mineral deposits in Western Australia. The company explores for palladium, platinum, rhodium, cobalt, nickel, lithium, and copper deposits. It holds 100% interest in the Norseman project that covers an area of 278 square kilometers located to the town of Norseman; and 67% interest Fraser Range Project covering an area of 602 square kilometers locat… Read more