Fortune Bay Corp (FOR) - Total Liabilities
Based on the latest financial reports, Fortune Bay Corp (FOR) has total liabilities worth CA$2.97 Million CAD (≈ $2.15 Million USD) as of March 2026. 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 FOR long-term investment intensity to see how much of total assets are deployed in long-term investments.
Fortune Bay Corp - Total Liabilities Trend (2014–2025)
This chart illustrates how Fortune Bay Corp's total liabilities have evolved over time, based on quarterly financial data. For the complete balance sheet picture, see FOR current and non-current assets.
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 |
|---|---|---|
|
RIT Capital Partners
LSE:RCP
|
UK | GBX438.60 Million |
|
Hyundai HT CoLtd
KQ:039010
|
Korea | ₩31.05 Billion |
|
MODULIGHT OY EO 1
F:78W
|
Germany | €4.01 Million |
|
Sterling Metals Corp
V:SAG
|
Canada | CA$1.49 Million |
|
Australian Unity Office Fund
AU:AOF
|
Australia | AU$815.00K |
|
Taihan Precision Technology Co Ltd
TWO:1336
|
Taiwan | NT$1.32 Billion |
|
Anadolu Isuzu Otomotiv Sanayi ve Ticaret AS
IS:ASUZU
|
Turkey | TL28.11 Billion |
|
UBIVELOX Inc
KQ:089850
|
Korea | ₩289.69 Billion |
Liability Composition Analysis (2014–2025)
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. See Fortune Bay Corp balance sheet independence to measure how much of total assets are equity-financed.
Liquidity & Leverage Metrics
Key Metrics Explained
| Metric | Value | Description |
|---|---|---|
| Current Ratio | 4.90 | 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 | 0.10 | Measures financial leverage (Total Liabilities ÷ Shareholder Equity) |
| Debt to Assets | 0.09 | 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 (2014–2025)
The table below shows the annual total liabilities of Fortune Bay Corp from 2014 to 2025.
| Year | Total Liabilities | Change |
|---|---|---|
| 2025-12-31 | CA$2.12 Million ≈ $1.54 Million |
-3.98% |
| 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 |
-- |
About Fortune Bay Corp
Fortune Bay Corp. engages in the acquisition, exploration, and development of mineral properties in Canada and Mexico. The company's flagship asset is the Goldfields Gold Project located approximately 13 kilometres south of Uranium City, Saskatchewan. Fortune Bay Corp. is headquartered in Halifax, Canada.