Grit Metals Corp
Grit Metals Corp. operates as a junior mining exploration company. It primarily focuses on the Lithium-Cesium-Tantalum Finnish Pegmatite Project located in central Finland. The company was formerly known as European Energy Metals Corp. and changed its name to Grit Metals Corp. in October 2024. The company was incorporated in 2021 and is based in Vancouver, Canada. Grit Metals Corp. is a subsidiar… Read more
Grit Metals Corp (FIN) - Total Liabilities
Latest total liabilities as of February 2024: CA$189.18K CAD
Based on the latest financial reports, Grit Metals Corp (FIN) has total liabilities worth CA$189.18K CAD as of February 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.
Grit Metals Corp - Total Liabilities Trend (2021–2023)
This chart illustrates how Grit Metals Corp's total liabilities have evolved over time, based on quarterly financial data. Explore and compare other companies by total liabilities.
Grit Metals Corp Competitors by Total Liabilities
The table below lists competitors of Grit Metals Corp ranked by their total liabilities.
| Company | Country | Total Liabilities |
|---|---|---|
|
Frontier IP Group Plc
LSE:FIPP
|
UK | GBX12.40 Million |
|
capAI Plc
LSE:CPAI
|
UK | GBX236.55K |
|
GOODBABY INTL
BE:GBH
|
Germany | €5.75 Billion |
|
CRBAF
PINK:CRBAF
|
USA | $6.94 Million |
|
musicMagpie PLC
LSE:MMAG
|
UK | GBX28.30 Million |
|
Eagle Royalties Ltd.
OTCGREY:ERYTF
|
USA | $107.74K |
Liability Composition Analysis (2021–2023)
This chart breaks down Grit Metals Corp'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 | 13.47 | 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 | 0.04 | 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 Grit Metals Corp's debt structure has evolved. The comparison includes total liabilities, long-term debt, and current liabilities.
Annual Total Liabilities for Grit Metals Corp (2021–2023)
The table below shows the annual total liabilities of Grit Metals Corp from 2021 to 2023.
| Year | Total Liabilities | Change |
|---|---|---|
| 2023-05-31 | CA$158.90K | +101.99% |
| 2022-05-31 | CA$78.67K | -- |
| 2021-05-31 | CA$0.00 | -- |