Global Gold Corporation
Global Gold Corporation engages in the exploration, development, and mining of gold, silver, and other minerals in Armenia and Chile. The company holds an interest in The Toukhmanuk Property, located in the north central Armenian belt, covering an area of 53.76 square kilometers, as well as 100% interest in the Marjan property located in southwestern Armenia, covering an area of 19.6 square kilom… Read more
Global Gold Corporation (GBGD) - Total Liabilities
Latest total liabilities as of June 2017: $20.92 Million USD
Based on the latest financial reports, Global Gold Corporation (GBGD) has total liabilities worth $20.92 Million USD as of June 2017.
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.
Global Gold Corporation - Total Liabilities Trend (2001–2023)
This chart illustrates how Global Gold Corporation's total liabilities have evolved over time, based on quarterly financial data. Explore and compare other companies by total liabilities.
Global Gold Corporation Competitors by Total Liabilities
The table below lists competitors of Global Gold Corporation ranked by their total liabilities.
| Company | Country | Total Liabilities |
|---|---|---|
|
MediaZest plc
LSE:MDZ
|
UK | GBX3.11 Million |
|
First Priority Tax Solutions Inc
PINK:FRFR
|
USA | $264.03K |
|
Seraphim Space Investment Trust PLC
LSE:SSIT
|
UK | GBX16.86 Million |
|
DDMP REIT Inc
PSE:DDMPR
|
Philippines | ₱2.24 Billion |
|
Middlefield Canadian Income PCC - Middlefield Canadian Income - GBP PC
LSE:MCT
|
UK | GBX28.28 Million |
Liability Composition Analysis (2001–2023)
This chart breaks down Global Gold Corporation'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 | 0.04 | 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 | -1.58 | Measures financial leverage (Total Liabilities ÷ Shareholder Equity) |
| Debt to Assets | 8.19 | 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 Global Gold Corporation's debt structure has evolved. The comparison includes total liabilities, long-term debt, and current liabilities.
Annual Total Liabilities for Global Gold Corporation (2001–2023)
The table below shows the annual total liabilities of Global Gold Corporation from 2001 to 2023.
| Year | Total Liabilities | Change |
|---|---|---|
| 2023-12-31 | $25.67 Million | +7.60% |
| 2022-12-31 | $23.86 Million | +6.58% |
| 2021-12-31 | $22.39 Million | +13.06% |
| 2016-12-31 | $19.80 Million | +13.28% |
| 2015-12-31 | $17.48 Million | +20.76% |
| 2014-12-31 | $14.48 Million | +47.67% |
| 2013-12-31 | $9.80 Million | +17.82% |
| 2012-12-31 | $8.32 Million | -23.43% |
| 2011-12-31 | $10.87 Million | +58.69% |
| 2010-12-31 | $6.85 Million | -21.44% |
| 2009-12-31 | $8.72 Million | +38.89% |
| 2008-12-31 | $6.28 Million | +295.38% |
| 2007-12-31 | $1.59 Million | -3.86% |
| 2006-12-31 | $1.65 Million | -12.81% |
| 2005-12-31 | $1.89 Million | +29294.60% |
| 2004-12-31 | $6.44K | -97.96% |
| 2003-12-31 | $315.33K | +167.39% |
| 2001-12-31 | $117.93K | -- |