Lovitt Resources Inc
Lovitt Resources Inc., through its subsidiary, Lovitt Mining Company, Inc., engages in the acquisition, exploration, and development of mineral properties in the United States and Canada. The company primarily explores for gold and silver deposits. It holds interests in the Lovitt gold mine; and other mining assets consisting of approximately 285 acres of land adjoining of Wenatchee, Washington. … Read more
Lovitt Resources Inc (LRCFF) - Total Liabilities
Latest total liabilities as of March 2023: $2.07 Million USD
Based on the latest financial reports, Lovitt Resources Inc (LRCFF) has total liabilities worth $2.07 Million USD as of March 2023.
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.
Lovitt Resources Inc - Total Liabilities Trend (2015–2022)
This chart illustrates how Lovitt Resources Inc's total liabilities have evolved over time, based on quarterly financial data. Explore and compare other companies by total liabilities.
Lovitt Resources Inc Competitors by Total Liabilities
The table below lists competitors of Lovitt Resources Inc ranked by their total liabilities.
| Company | Country | Total Liabilities |
|---|---|---|
|
Jacquet Metals
STU:I43
|
Germany | €1.11 Billion |
|
Alpha Group International plc
LSE:ALPH
|
UK | GBX294.65 Million |
|
TOKUYAMA
BE:TBT
|
Germany | €251.00 Billion |
|
Beta Systems Software AG
F:BSS
|
Germany | €42.16 Million |
|
ECWDF
PINK:ECWDF
|
USA | $770.16 Million |
|
ALKERMES (8AK.SG)
STU:8AK
|
Germany | €863.18 Million |
Liability Composition Analysis (2015–2022)
This chart breaks down Lovitt Resources 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.
Liquidity & Leverage Metrics
Key Metrics Explained
| Metric | Value | Description |
|---|---|---|
| Current Ratio | 0.03 | 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 | -2.05 | Measures financial leverage (Total Liabilities ÷ Shareholder Equity) |
| Debt to Assets | 1.95 | 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 Lovitt Resources Inc's debt structure has evolved. The comparison includes total liabilities, long-term debt, and current liabilities.
Annual Total Liabilities for Lovitt Resources Inc (2015–2022)
The table below shows the annual total liabilities of Lovitt Resources Inc from 2015 to 2022.
| Year | Total Liabilities | Change |
|---|---|---|
| 2022-06-30 | $1.97 Million | +8.44% |
| 2021-06-30 | $1.81 Million | +14.68% |
| 2019-06-30 | $1.58 Million | +44.29% |
| 2017-06-30 | $1.10 Million | -4.06% |
| 2016-06-30 | $1.14 Million | -2.55% |
| 2016-03-31 | $1.17 Million | +7.69% |
| 2015-06-30 | $1.09 Million | -- |