Midas Minerals Ltd Total Liabilities
Midas Minerals Ltd total liabilities. Based on the latest financial reports, Midas Minerals Ltd (MM1) has total liabilities worth AU$287.49K AUD (≈ $203.41K USD) as of June 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. Check Midas Minerals Ltd (MM1) liquid assets ratio to evaluate the company's liquid asset resilience ratio.
Total Liabilities of Midas Minerals Ltd (2018–2024)
Total liabilities of Midas Minerals Ltd from 2018 to 2024. This chart illustrates how Midas Minerals Ltd's total liabilities have evolved over time, based on quarterly financial data.
Midas Minerals Ltd Competitors by Total Liabilities
The table below lists competitors of Midas Minerals Ltd ranked by their total liabilities.
| Company | Country | Total Liabilities |
|---|---|---|
|
Tah Kong Chemical Industrial
TWO:4706
|
Taiwan | NT$132.58 Million |
|
Atakey Patates Gida Sanayi ve Ticaret A.S.
IS:ATAKP
|
Turkey | TL1.03 Billion |
|
Atlas Salt Inc
V:SALT
|
Canada | CA$2.57 Million |
|
Sula Vineyards Limited
NSE:SULA
|
India | Rs5.08 Billion |
|
Pioneer Floating Rate Trust
NYSE:PHD
|
USA | $66.83 Million |
|
DAEA TI Co. Ltd
KQ:045390
|
Korea | ₩145.62 Billion |
|
OM Holdings Ltd
KLSE:5298
|
Malaysia | RM413.13 Million |
|
Eagle Nuclear Energy Corp. Common stock
NASDAQ:NUCL
|
USA | $24.34 Million |
Liability Composition Analysis (2018–2024)
This chart breaks down Midas Minerals 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 complete balance sheet picture, see MM1 current and non-current assets.
Liquidity & Leverage Metrics
Midas Minerals Ltd Total Liabilities Ratios Explained
Midas Minerals Ltd total liabilities ratios compare its liabilities with its current assets, cash and shareholder equity.
| Metric | Value | Description |
|---|---|---|
| Current Ratio | 14.24 | 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 | N/A | Most conservative liquidity measure (Cash & Equivalents ÷ Current Liabilities) |
| Debt to Equity | 0.03 | Measures financial leverage (Total Liabilities ÷ Shareholder Equity) |
| Debt to Assets | 0.03 | 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 Midas Minerals Ltd's debt structure has evolved. The comparison includes total liabilities, long-term debt, and current liabilities.
Annual Total Liabilities for Midas Minerals Ltd (2018–2024)
The table below shows the annual total liabilities of Midas Minerals Ltd from 2018 to 2024.
| Year | Total Liabilities | Change |
|---|---|---|
| 2024-12-31 | AU$225.74K ≈ $159.72K |
-13.59% |
| 2023-12-31 | AU$261.23K ≈ $184.84K |
-18.51% |
| 2022-12-31 | AU$320.57K ≈ $226.82K |
+93.87% |
| 2021-12-31 | AU$165.36K ≈ $117.00K |
+655.05% |
| 2020-12-31 | AU$21.90K ≈ $15.50K |
-70.12% |
| 2019-12-31 | AU$73.30K ≈ $51.86K |
-37.87% |
| 2018-12-31 | AU$117.97K ≈ $83.47K |
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About Midas Minerals Ltd
Midas Minerals Limited engages in exploration and evaluation of mineral resources in Western Australia and Canada. It explores for gold, lithium, copper, nickel, platinoids, and base metals as well as platinum group elements. The company was incorporated in 2018 is based in West Perth, Australia.