GGL Resources Corp (GGL) - Total Liabilities
Based on the latest financial reports, GGL Resources Corp (GGL) has total liabilities worth CA$35.30K CAD (≈ $25.54K USD) as of May 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.
GGL Resources Corp - Total Liabilities Trend (2013–2024)
This chart illustrates how GGL Resources Corp's total liabilities have evolved over time, based on quarterly financial data. See GGL working capital ratio to evaluate short-term liquidity relative to the company's equity base.
GGL Resources Corp Competitors by Total Liabilities
The table below lists competitors of GGL Resources Corp ranked by their total liabilities.
| Company | Country | Total Liabilities |
|---|---|---|
|
Vintage Energy Ltd
AU:VEN
|
Australia | AU$22.98 Million |
|
Poddar Housing and Development Limited
NSE:PODDARHOUS
|
India | Rs6.38 Billion |
|
Techfast Holdings Bhd
KLSE:0084
|
Malaysia | RM4.63 Million |
|
Krida Jaringan Nusantara Tbk PT
JK:KJEN
|
Indonesia | Rp3.63 Billion |
|
Gooch & Housego Plc
LSE:GHH
|
UK | GBX89.42 Million |
|
Group 107 Ltd
TA:G107
|
Israel | ILA9.01 Million |
|
Siti Networks Limited
NSE:SITINET
|
India | Rs24.61 Billion |
|
Libas Consumer Products Limited
NSE:LIBAS
|
India | Rs231.48 Million |
Liability Composition Analysis (2013–2024)
This chart breaks down GGL Resources 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 GGL stock market capitalisation.
Liquidity & Leverage Metrics
Key Metrics Explained
| Metric | Value | Description |
|---|---|---|
| Current Ratio | 3.58 | 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 | 0.01 | Measures financial leverage (Total Liabilities ÷ Shareholder Equity) |
| Debt to Assets | 0.01 | 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 GGL Resources Corp's debt structure has evolved. The comparison includes total liabilities, long-term debt, and current liabilities.
Annual Total Liabilities for GGL Resources Corp (2013–2024)
The table below shows the annual total liabilities of GGL Resources Corp from 2013 to 2024.
| Year | Total Liabilities | Change |
|---|---|---|
| 2024-11-30 | CA$70.96K ≈ $51.33K |
-59.37% |
| 2023-11-30 | CA$174.66K ≈ $126.35K |
-72.80% |
| 2022-11-30 | CA$642.25K ≈ $464.59K |
+210.09% |
| 2021-11-30 | CA$207.12K ≈ $149.83K |
-4.84% |
| 2020-11-30 | CA$217.64K ≈ $157.44K |
+182.04% |
| 2019-11-30 | CA$77.17K ≈ $55.82K |
-16.44% |
| 2018-11-30 | CA$92.35K ≈ $66.81K |
-52.59% |
| 2017-11-30 | CA$194.77K ≈ $140.90K |
-46.97% |
| 2016-11-30 | CA$367.30K ≈ $265.70K |
+0.03% |
| 2015-11-30 | CA$367.19K ≈ $265.62K |
-62.17% |
| 2014-11-30 | CA$970.54K ≈ $702.08K |
+28.61% |
| 2013-11-30 | CA$754.64K ≈ $545.89K |
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About GGL Resources Corp
GGL Resources Corp. engages in the acquisition, exploration, and evaluation of mineral properties. It explores for gold, copper, and silver deposits, as well as diamonds. The company holds interests in the McConnell Creek project located in the Omineca mining division of British Columbia. It also holds an option to acquire interests in Gold Point project located in Nevada; and the Stein diamond p… Read more