Fortune Bay Corp (FOR) - Total Liabilities

Latest as of September 2025: CA$1.89 Million CAD ≈ $1.37 Million USD

Based on the latest financial reports, Fortune Bay Corp (FOR) has total liabilities worth CA$1.89 Million CAD (≈ $1.37 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. Also explore net asset growth rate of Fortune Bay Corp to track the company's year-over-year net asset growth rate.

Fortune Bay Corp - Total Liabilities Trend (2014–2024)

This chart illustrates how Fortune Bay Corp's total liabilities have evolved over time, based on quarterly financial data. See Fortune Bay Corp (FOR) free cash flow to measure how efficiently the company converts operating cash flow to free cash.

Fortune Bay Corp Competitors by Total Liabilities

The table below lists competitors of Fortune Bay Corp ranked by their total liabilities.

Company Country Total Liabilities
TRC Synergy Bhd
KLSE:5054
Malaysia RM298.89 Million
Innovative Solutions Ecosystem SA
MC:ISE
Spain €7.39 Million
AtlasClear Holdings, Inc.
NYSE MKT:ATCH
USA $55.94 Million
Impresa - Sociedade Gestora de Participações Sociais S.A
LS:IPR
Portugal €250.78 Million
Rekah Pharmaceutical Industry Ltd
TA:REKA
Israel ILA279.47 Million
Shengfeng Development Limited Class A Ordinary Shares
NASDAQ:SFWL
USA $166.27 Million
DNA Biomed Solns
TA:DNA
Israel ILA1.77 Million
Denge Yatirim Holding AS
IS:DENGE
Turkey TL576.37 Million

Liability Composition Analysis (2014–2024)

This chart breaks down Fortune Bay 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. For the full company profile including market capitalisation, see market value of Fortune Bay Corp.

Liquidity & Leverage Metrics

Key Metrics Explained

Metric Value Description
Current Ratio 2.23 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 0.08 Measures financial leverage (Total Liabilities ÷ Shareholder Equity)
Debt to Assets 0.07 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 Bay Corp's debt structure has evolved. The comparison includes total liabilities, long-term debt, and current liabilities.

Annual Total Liabilities for Fortune Bay Corp (2014–2024)

The table below shows the annual total liabilities of Fortune Bay Corp from 2014 to 2024.

Year Total Liabilities Change
2024-12-31 CA$2.21 Million
≈ $1.60 Million
+1.16%
2023-12-31 CA$2.19 Million
≈ $1.58 Million
+157.26%
2022-12-31 CA$849.55K
≈ $614.55K
-19.24%
2021-12-31 CA$1.05 Million
≈ $760.98K
+4.51%
2020-12-31 CA$1.01 Million
≈ $728.14K
-8.26%
2019-12-31 CA$1.10 Million
≈ $793.71K
+158.04%
2018-12-31 CA$425.21K
≈ $307.59K
+23.92%
2017-12-31 CA$343.14K
≈ $248.22K
+78.82%
2016-12-31 CA$191.89K
≈ $138.81K
+1.74%
2015-12-31 CA$188.60K
≈ $136.43K
+319.49%
2014-12-31 CA$44.96K
≈ $32.52K
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About Fortune Bay Corp

V:FOR Canada Gold
Market Cap
$32.50 Million
CA$44.93 Million CAD
Market Cap Rank
#23455 Global
#854 in Canada
Share Price
CA$0.66
Change (1 day)
+3.13%
52-Week Range
CA$0.52 - CA$1.17
All Time High
CA$1.54
About

Fortune Bay Corp. engages in the acquisition, exploration, and development of mineral properties in Canada and Mexico. It primarily explores for gold and uranium deposits. The company has an option agreement to acquire The Woods Uranium Projects located on the northern margin of the Athabasca Basin, Saskatchewan. Fortune Bay Corp. is headquartered in Halifax, Canada.