Velox Energy Materials Inc.
Velox Energy Materials Inc., an exploration stage company, explores for energy material properties. It focuses on North Queensland Vanadium Project located in Queensland, Australia. The company was formerly known as Currie Rose Resources Inc. and changed its name to Velox Energy Materials Inc. in October 2023. Velox Energy Materials Inc. was incorporated in 1973 and is headquartered in Vancouver,… Read more
Velox Energy Materials Inc. (CUIRD) - Total Liabilities
Latest total liabilities as of June 2024: $300.82K USD
Based on the latest financial reports, Velox Energy Materials Inc. (CUIRD) has total liabilities worth $300.82K USD as of June 2024.
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.
Velox Energy Materials Inc. - Total Liabilities Trend (2020–2023)
This chart illustrates how Velox Energy Materials Inc.'s total liabilities have evolved over time, based on quarterly financial data. Explore and compare other companies by total liabilities.
Velox Energy Materials Inc. Competitors by Total Liabilities
The table below lists competitors of Velox Energy Materials Inc. ranked by their total liabilities.
| Company | Country | Total Liabilities |
|---|---|---|
|
Trilogy AI Corp.
OTCQB:TRAID
|
USA | $138.11K |
|
Hydract AS
CO:HYDRCT
|
Denmark | Dkr17.30 Million |
|
Adia Nutrition Inc
PINK:ADIA
|
USA | $2.86 Million |
|
Lipari Mining Ltd
NEO:LML
|
Canada | CA$20.28 Million |
|
SUN CENTURY GRP
BE:ZYZN
|
Germany | €1.85 Billion |
Liability Composition Analysis (2020–2023)
This chart breaks down Velox Energy Materials 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 | 4.51 | 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 | 0.05 | Measures financial leverage (Total Liabilities ÷ Shareholder Equity) |
| Debt to Assets | 0.04 | 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 Velox Energy Materials Inc.'s debt structure has evolved. The comparison includes total liabilities, long-term debt, and current liabilities.
Annual Total Liabilities for Velox Energy Materials Inc. (2020–2023)
The table below shows the annual total liabilities of Velox Energy Materials Inc. from 2020 to 2023.
| Year | Total Liabilities | Change |
|---|---|---|
| 2023-12-31 | $196.88K | -37.62% |
| 2022-12-31 | $315.62K | -32.24% |
| 2021-12-31 | $465.82K | -37.46% |
| 2020-12-31 | $744.79K | -- |