Visible Gold Mines Inc
Visible Gold Mines Inc. engages in the acquisition and exploration of mineral properties in Canada. The company primarily explores for gold and lithium deposits. Visible Gold Mines Inc. was incorporated in 2007 and is headquartered in Rouyn-Noranda, Canada.
Visible Gold Mines Inc (VGMIF) - Total Liabilities
Latest total liabilities as of October 2025: $110.87K USD
Based on the latest financial reports, Visible Gold Mines Inc (VGMIF) has total liabilities worth $110.87K USD as of October 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.
Visible Gold Mines Inc - Total Liabilities Trend (2007–2025)
This chart illustrates how Visible Gold Mines Inc's total liabilities have evolved over time, based on quarterly financial data. Explore and compare other companies by total liabilities.
Visible Gold Mines Inc Competitors by Total Liabilities
The table below lists competitors of Visible Gold Mines Inc ranked by their total liabilities.
| Company | Country | Total Liabilities |
|---|---|---|
|
Buligo Capital Ltd
TA:BLGO
|
Israel | ILA8.75 Million |
|
Avira Resources Ltd
AU:AVW
|
Australia | AU$114.47K |
|
Ironveld Plc
PINK:IRVDF
|
USA | $12.16 Million |
|
Gabriel Resources Ltd
PINK:GBRRF
|
USA | $23.73 Million |
|
Alliance Mining Corp
V:ALM
|
Canada | CA$3.73 Million |
|
Innovative Payment Solutions Inc
OTCQB:IPSI
|
USA | $55.46 Million |
|
Golden Goliath Resources Ltd
PINK:GGTHF
|
USA | $519.35K |
Liability Composition Analysis (2007–2025)
This chart breaks down Visible Gold Mines 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 | 1.69 | 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 | 0.06 | Measures financial leverage (Total Liabilities ÷ Shareholder Equity) |
| Debt to Assets | 0.05 | 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 Visible Gold Mines Inc's debt structure has evolved. The comparison includes total liabilities, long-term debt, and current liabilities.
Annual Total Liabilities for Visible Gold Mines Inc (2007–2025)
The table below shows the annual total liabilities of Visible Gold Mines Inc from 2007 to 2025.
| Year | Total Liabilities | Change |
|---|---|---|
| 2025-07-31 | $674.29K | +58.00% |
| 2024-07-31 | $426.78K | +67.09% |
| 2023-07-31 | $255.41K | +115.37% |
| 2022-07-31 | $118.59K | +165.82% |
| 2021-07-31 | $44.61K | -88.89% |
| 2020-07-31 | $401.41K | -8.72% |
| 2019-07-31 | $439.78K | +16.59% |
| 2018-07-31 | $377.19K | +336.77% |
| 2017-07-31 | $86.36K | -57.83% |
| 2016-07-31 | $204.76K | -33.59% |
| 2015-07-31 | $308.35K | +95.02% |
| 2014-07-31 | $158.11K | -43.35% |
| 2013-07-31 | $279.11K | -71.43% |
| 2012-07-31 | $977.08K | -28.80% |
| 2011-07-31 | $1.37 Million | +1514.04% |
| 2010-07-31 | $85.02K | -30.26% |
| 2009-07-31 | $121.91K | -83.97% |
| 2008-07-31 | $760.59K | +229.25% |
| 2007-07-31 | $231.01K | -- |