Fortune Bay Corp (FOR) - Total Liabilities
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
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.