Golden Matrix Group Inc (GMGI) - Total Liabilities
Based on the latest financial reports, Golden Matrix Group Inc (GMGI) has total liabilities worth $82.68 Million USD as of July 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 efficiently does Golden Matrix Group Inc generate cash to assess how effectively this company generates cash.
Golden Matrix Group Inc - Total Liabilities Trend (2008–2024)
This chart illustrates how Golden Matrix Group Inc's total liabilities have evolved over time, based on quarterly financial data. Check Golden Matrix Group Inc liquid asset ratio to evaluate the company's liquid asset resilience ratio.
Golden Matrix Group Inc Competitors by Total Liabilities
The table below lists competitors of Golden Matrix Group Inc ranked by their total liabilities.
| Company | Country | Total Liabilities |
|---|---|---|
|
Talga Group Ltd
AU:TLG
|
Australia | AU$17.10 Million |
|
OncoCyte Corp
NASDAQ:OCX
|
USA | $50.14 Million |
|
Micropolis Holding Company
NYSE MKT:MCRP
|
USA | $40.58 Million |
|
Bioxyne Ltd
AU:BXN
|
Australia | AU$14.45 Million |
|
Stem Inc
NYSE:STEM
|
USA | $557.95 Million |
|
Barington/Hilco Acquisition
NASDAQ:BHAC
|
USA | $9.74 Million |
|
DHI Group Inc
NYSE:DHX
|
USA | $95.20 Million |
|
Resource Alam Indonesia Tbk
JK:KKGI
|
Indonesia | Rp33.58 Million |
Liability Composition Analysis (2008–2024)
This chart breaks down Golden Matrix Group Inc'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 Golden Matrix Group Inc market capitalisation.
Liquidity & Leverage Metrics
Key Metrics Explained
| Metric | Value | Description |
|---|---|---|
| Current Ratio | 0.61 | 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 | N/A | Most conservative liquidity measure (Cash & Equivalents ÷ Current Liabilities) |
| Debt to Equity | 0.67 | Measures financial leverage (Total Liabilities ÷ Shareholder Equity) |
| Debt to Assets | 0.39 | 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 Golden Matrix Group Inc's debt structure has evolved. The comparison includes total liabilities, long-term debt, and current liabilities.
Annual Total Liabilities for Golden Matrix Group Inc (2008–2024)
The table below shows the annual total liabilities of Golden Matrix Group Inc from 2008 to 2024.
| Year | Total Liabilities | Change |
|---|---|---|
| 2024-10-31 | $104.77 Million | +2238.85% |
| 2023-10-31 | $4.48 Million | +61.42% |
| 2022-10-31 | $2.77 Million | +81.27% |
| 2021-10-31 | $1.53 Million | +177.02% |
| 2020-10-31 | $552.61K | -71.97% |
| 2019-10-31 | $1.97 Million | -8.77% |
| 2018-10-31 | $2.16 Million | +33.09% |
| 2017-10-31 | $1.62 Million | -59.34% |
| 2016-10-31 | $3.99 Million | +34.41% |
| 2015-10-31 | $2.97 Million | +171.48% |
| 2014-10-31 | $1.09 Million | +222.14% |
| 2013-10-31 | $339.76K | +16.70% |
| 2012-10-31 | $291.13K | +124.38% |
| 2011-10-31 | $129.75K | +28.40% |
| 2010-10-31 | $101.05K | +654.46% |
| 2009-10-31 | $13.39K | +393.70% |
| 2008-10-31 | $2.71K | -- |
About Golden Matrix Group Inc
Golden Matrix Group, Inc. operates as an B2B and B2C gaming technology company in Central and South America, Europe, and Africa. It develops and licenses gaming platforms; and provides online sports betting and casino, and gaming services. The company is based in Las Vegas, Nevada.