Fortune Minerals Limited (FT) - Total Liabilities
Based on the latest financial reports, Fortune Minerals Limited (FT) has total liabilities worth CA$17.76 Million CAD (≈ $12.85 Million USD) as of September 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.
Fortune Minerals Limited - Total Liabilities Trend (1996–2024)
This chart illustrates how Fortune Minerals Limited's total liabilities have evolved over time, based on quarterly financial data. See working capital to net assets of Fortune Minerals Limited to evaluate short-term liquidity relative to the company's equity base.
Fortune Minerals Limited Competitors by Total Liabilities
The table below lists competitors of Fortune Minerals Limited ranked by their total liabilities.
| Company | Country | Total Liabilities |
|---|---|---|
|
Kindly MD, Inc. Common Stock
NASDAQ:KDLY
|
USA | $923.39K |
|
GS Holdings Corp
KO:078935
|
Korea | ₩17.00 Trillion |
|
LTR Pharma Ltd
AU:LTP
|
Australia | AU$457.81K |
|
Coxon Precise Industrial Co Ltd
TW:3607
|
Taiwan | NT$1.36 Billion |
|
Intrepid Metals Corp
V:INTR
|
Canada | CA$1.48 Million |
|
DMS Propertindo Tbk PT
JK:KOTA
|
Indonesia | Rp471.84 Billion |
|
FarmStory Co. Ltd
KQ:027710
|
Korea | ₩618.55 Billion |
Liability Composition Analysis (1996–2024)
This chart breaks down Fortune Minerals Limited'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 Fortune Minerals Limited market cap and net worth.
Liquidity & Leverage Metrics
Key Metrics Explained
| Metric | Value | Description |
|---|---|---|
| Current Ratio | 0.22 | 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 | 0.16 | Most conservative liquidity measure (Cash & Equivalents ÷ Current Liabilities) |
| Debt to Equity | -1.65 | Measures financial leverage (Total Liabilities ÷ Shareholder Equity) |
| Debt to Assets | 2.55 | 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 Fortune Minerals Limited's debt structure has evolved. The comparison includes total liabilities, long-term debt, and current liabilities.
Annual Total Liabilities for Fortune Minerals Limited (1996–2024)
The table below shows the annual total liabilities of Fortune Minerals Limited from 1996 to 2024.
| Year | Total Liabilities | Change |
|---|---|---|
| 2024-12-31 | CA$16.22 Million ≈ $11.73 Million |
+61.75% |
| 2023-12-31 | CA$10.02 Million ≈ $7.25 Million |
+16.93% |
| 2022-12-31 | CA$8.57 Million ≈ $6.20 Million |
-41.87% |
| 2021-12-31 | CA$14.75 Million ≈ $10.67 Million |
+21.28% |
| 2020-12-31 | CA$12.16 Million ≈ $8.80 Million |
+10.08% |
| 2019-12-31 | CA$11.05 Million ≈ $7.99 Million |
-0.42% |
| 2018-12-31 | CA$11.09 Million ≈ $8.02 Million |
-49.22% |
| 2017-12-31 | CA$21.85 Million ≈ $15.80 Million |
+91.13% |
| 2016-12-31 | CA$11.43 Million ≈ $8.27 Million |
+131.50% |
| 2015-12-31 | CA$4.94 Million ≈ $3.57 Million |
-93.64% |
| 2014-12-31 | CA$77.58 Million ≈ $56.12 Million |
+277.89% |
| 2013-12-31 | CA$20.53 Million ≈ $14.85 Million |
-12.27% |
| 2012-12-31 | CA$23.40 Million ≈ $16.93 Million |
-6.51% |
| 2011-12-31 | CA$25.03 Million ≈ $18.11 Million |
+120.06% |
| 2010-12-31 | CA$11.37 Million ≈ $8.23 Million |
-21.26% |
| 2009-12-31 | CA$14.44 Million ≈ $10.45 Million |
+29.52% |
| 2008-12-31 | CA$11.15 Million ≈ $8.07 Million |
+35.69% |
| 2007-12-31 | CA$8.22 Million ≈ $5.95 Million |
-1.50% |
| 2006-12-31 | CA$8.34 Million ≈ $6.04 Million |
+49.11% |
| 2005-12-31 | CA$5.60 Million ≈ $4.05 Million |
+17.57% |
| 2004-12-31 | CA$4.76 Million ≈ $3.44 Million |
+67.90% |
| 2003-12-31 | CA$2.83 Million ≈ $2.05 Million |
+13.04% |
| 2002-12-31 | CA$2.51 Million ≈ $1.81 Million |
+0.83% |
| 2001-12-31 | CA$2.49 Million ≈ $1.80 Million |
-6.15% |
| 2000-12-31 | CA$2.65 Million ≈ $1.92 Million |
+562.51% |
| 1999-12-31 | CA$400.00K ≈ $289.35K |
+300.00% |
| 1998-12-31 | CA$100.00K ≈ $72.34K |
-50.00% |
| 1997-12-31 | CA$200.00K ≈ $144.68K |
+100.00% |
| 1996-12-31 | CA$100.00K ≈ $72.34K |
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About Fortune Minerals Limited
Fortune Minerals Limited engages in the exploration and development of specialty metals, base metals, and precious metals in Canada. The company explores for gold, cobalt, bismuth, copper, silver, lead, and zinc deposits. Its primary asset is the NICO gold-cobalt-bismuth-copper project covering an area of 5,140 hectares located in the Northwest Territories and Lamont County consists of 76.78 acre… Read more