EDM Resources Inc (EDM) - Total Liabilities
Based on the latest financial reports, EDM Resources Inc (EDM) has total liabilities worth CA$16.27 Million CAD (≈ $11.77 Million USD) as of June 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. Explore EDM Resources Inc (EDM) cash flow conversion to assess how effectively this company generates cash.
EDM Resources Inc - Total Liabilities Trend (2018–2024)
This chart illustrates how EDM Resources Inc's total liabilities have evolved over time, based on quarterly financial data. See net assets of EDM Resources Inc for net asset value and shareholders' equity analysis.
EDM Resources Inc Competitors by Total Liabilities
The table below lists competitors of EDM Resources Inc ranked by their total liabilities.
| Company | Country | Total Liabilities |
|---|---|---|
|
Sonetel AB
ST:SONE
|
Sweden | Skr12.75 Million |
|
Lottery.com Inc.
NASDAQ:SEGG
|
USA | $29.95 Million |
|
Salarius Pharmaceuticals Inc
NASDAQ:SLRX
|
USA | $1.85 Million |
|
Amesite Operating Co
NASDAQ:AMST
|
USA | $489.79K |
|
Harvest Gold Corp
V:HVG
|
Canada | CA$334.27K |
|
Neolife SA
PA:ALNLF
|
France | €3.91 Million |
Liability Composition Analysis (2018–2024)
This chart breaks down EDM 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. For the full company profile including market capitalisation, see EDM Resources Inc market capitalisation.
Liquidity & Leverage Metrics
Key Metrics Explained
| Metric | Value | Description |
|---|---|---|
| Current Ratio | 0.53 | 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 | 1.52 | Measures financial leverage (Total Liabilities ÷ Shareholder Equity) |
| Debt to Assets | 0.60 | 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 EDM Resources Inc's debt structure has evolved. The comparison includes total liabilities, long-term debt, and current liabilities.
Annual Total Liabilities for EDM Resources Inc (2018–2024)
The table below shows the annual total liabilities of EDM Resources Inc from 2018 to 2024.
| Year | Total Liabilities | Change |
|---|---|---|
| 2024-12-31 | CA$15.62 Million ≈ $11.30 Million |
+5.87% |
| 2023-12-31 | CA$14.75 Million ≈ $10.67 Million |
+8.53% |
| 2022-12-31 | CA$13.59 Million ≈ $9.83 Million |
+52.30% |
| 2021-12-31 | CA$8.92 Million ≈ $6.46 Million |
+198.26% |
| 2020-12-31 | CA$2.99 Million ≈ $2.16 Million |
-2.67% |
| 2019-12-31 | CA$3.07 Million ≈ $2.22 Million |
-7.67% |
| 2018-12-31 | CA$3.33 Million ≈ $2.41 Million |
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About EDM Resources Inc
EDM Resources Inc. engages in the exploration and evaluation of mineral properties. The company explores for zinc, lead, and gypsum deposits. It owns 100% interest in the Scotia Mine and various other mineral resource prospects in Nova Scotia, Canada. The company was formerly known as ScoZinc Mining Ltd. and changed its name to EDM Resources Inc. in January 2022. EDM Resources Inc. was incorporat… Read more