Summit Minerals Ltd Total Liabilities
Summit Minerals Ltd total liabilities. Based on the latest financial reports, Summit Minerals Ltd (SUM) has total liabilities worth AU$133.07K AUD (≈ $94.16K 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 SUM asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Total Liabilities of Summit Minerals Ltd (2006–2024)
Total liabilities of Summit Minerals Ltd from 2006 to 2024. This chart illustrates how Summit Minerals Ltd's total liabilities have evolved over time, based on quarterly financial data. Explore SUM long-term investments to assets to see how much of total assets are deployed in long-term investments.
Summit Minerals Ltd Competitors by Total Liabilities
The table below lists competitors of Summit Minerals Ltd ranked by their total liabilities.
| Company | Country | Total Liabilities |
|---|---|---|
|
Thrive Tribe Technologies Ltd
AU:1TT
|
Australia | AU$659.69K |
|
Mynaric AG
XETRA:M0YN
|
Germany | €168.37 Million |
|
Mittal Life Style Limited
NSE:MITTAL
|
India | Rs-643.07 Million |
|
CleanCore Solutions Inc.
NYSE MKT:ZONE
|
USA | $7.29 Million |
|
Remsense Technologies Ltd
AU:REM
|
Australia | AU$1.13 Million |
|
Copper Search Ltd
AU:CUS
|
Australia | AU$232.67K |
|
Gathid Ltd
AU:GTH
|
Australia | AU$4.09 Million |
Liability Composition Analysis (2006–2024)
This chart breaks down Summit 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 Summit Minerals Ltd balance sheet assets.
Liquidity & Leverage Metrics
Summit Minerals Ltd Total Liabilities Ratios Explained
Summit Minerals Ltd total liabilities ratios compare its liabilities with its current assets, cash and shareholder equity.
| Metric | Value | Description |
|---|---|---|
| Current Ratio | 10.89 | 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 | 10.56 | 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 Summit Minerals Ltd's debt structure has evolved. The comparison includes total liabilities, long-term debt, and current liabilities.
Annual Total Liabilities for Summit Minerals Ltd (2006–2024)
The table below shows the annual total liabilities of Summit Minerals Ltd from 2006 to 2024.
| Year | Total Liabilities | Change |
|---|---|---|
| 2024-12-31 | AU$133.07K ≈ $94.16K |
-35.38% |
| 2023-12-31 | AU$205.93K ≈ $145.71K |
-41.66% |
| 2022-12-31 | AU$352.97K ≈ $249.75K |
-65.00% |
| 2021-12-31 | AU$1.01 Million ≈ $713.49K |
-98.73% |
| 2017-12-31 | AU$79.27 Million ≈ $56.09 Million |
-8.89% |
| 2016-12-31 | AU$87.00 Million ≈ $61.56 Million |
+42.11% |
| 2015-12-31 | AU$61.22 Million ≈ $43.32 Million |
+27.56% |
| 2014-12-31 | AU$47.99 Million ≈ $33.96 Million |
+286.04% |
| 2013-12-31 | AU$12.43 Million ≈ $8.80 Million |
+56.71% |
| 2012-12-31 | AU$7.93 Million ≈ $5.61 Million |
+426.06% |
| 2011-12-31 | AU$1.51 Million ≈ $1.07 Million |
+51.25% |
| 2010-12-31 | AU$997.00K ≈ $705.44K |
+114.41% |
| 2009-12-31 | AU$465.00K ≈ $329.02K |
-71.89% |
| 2008-12-31 | AU$1.65 Million ≈ $1.17 Million |
+442.30% |
| 2007-12-31 | AU$305.00K ≈ $215.81K |
+129.32% |
| 2006-12-31 | AU$133.00K ≈ $94.11K |
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About Summit Minerals Ltd
Western Ridge Resources Limited, together with its subsidiaries, engages in the acquisition, exploration, and development of battery and critical mineral projects in Brazil, Canada, and Australia. The company explores for niobium, tantalum, rare earth elements, uranium, and lithium pegmatite deposits. Its flagship projects are the Equador Niobium Project and the Juazerinho Niobium Project, locate… Read more