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.
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. See Galileo Mining Ltd current assets vs equity to evaluate short-term liquidity relative to the company's equity base.
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 |
|---|---|---|
|
Volitionrx Ltd
NYSE MKT:VNRX
|
USA | $42.49 Million |
|
Asia Economy Daily Co Ltd
KQ:127710
|
Korea | ₩218.75 Billion |
|
GLORY HEALTH IND. HD-001
F:84R
|
Germany | €43.59 Billion |
|
Blackwall Ltd
AU:BWF
|
Australia | AU$1.27 Million |
|
M VEST WATER NK-00227652
F:7YA
|
Germany | €9.97 Million |
|
Ming Shing Group Holdings Limited Ordinary Shares
NASDAQ:MSW
|
USA | $10.40 Million |
|
Kodi-S Co Ltd
KQ:080530
|
Korea | ₩24.56 Billion |
|
Medalist Diversified Reit Inc
NASDAQ:MDRR
|
USA | $53.63 Million |
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. For the full company profile including market capitalisation, see Galileo Mining Ltd (GAL) market capitalisation.
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