Summit Minerals Ltd (SUM) - Total Liabilities

Latest as of June 2025: AU$133.07K AUD ≈ $94.16K USD

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.

Summit Minerals Ltd - Total Liabilities Trend (2006–2024)

This chart illustrates how Summit Minerals Ltd's total liabilities have evolved over time, based on quarterly financial data. See Summit Minerals Ltd current assets vs equity to evaluate short-term liquidity relative to the company's equity base.

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
ICZOOM Group Inc. Class A Ordinary Shares NASDAQ:IZM	USA	$25.82 Million
HITIQ Ltd AU:HIQ	Australia	AU$7.30 Million
Mynaric AG XETRA:M0YN	Germany	€168.37 Million
Libas Consumer Products Limited NSE:LIBAS	India	Rs231.48 Million
CleanCore Solutions Inc. NYSE MKT:ZONE	USA	$7.29 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 full company profile including market capitalisation, see Summit Minerals Ltd (SUM) market capitalisation.

Liquidity & Leverage Metrics

Key Metrics Explained

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	--

About Summit Minerals Ltd

AU:SUM Australia Other Industrial Metals & Mining

Market Cap

$3.36 Million

AU$4.75 Million AUD

Market Cap Rank

#29274 Global

#1663 in Australia

Share Price

AU$0.03

Change (1 day)

+0.00%

52-Week Range

AU$0.03 - AU$0.06

All Time High

AU$0.50