Goldflare Exploration Inc (GOFL) - Total Liabilities
Based on the latest financial reports, Goldflare Exploration Inc (GOFL) has total liabilities worth CA$320.82K CAD (≈ $232.08K USD) as of November 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. Explore Goldflare Exploration Inc (GOFL) cash flow conversion to assess how effectively this company generates cash.
Goldflare Exploration Inc - Total Liabilities Trend (2018–2024)
This chart illustrates how Goldflare Exploration Inc's total liabilities have evolved over time, based on quarterly financial data. Check Goldflare Exploration Inc asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Goldflare Exploration Inc Competitors by Total Liabilities
The table below lists competitors of Goldflare Exploration Inc ranked by their total liabilities.
| Company | Country | Total Liabilities |
|---|---|---|
|
Maven Income And Growth Vct 3 Plc
LSE:MIG3
|
UK | GBX370.00K |
|
Omkar Speciality Chemicals Limited
NSE:OMKARCHEM
|
India | Rs2.43 Billion |
|
New Energy Metals Corp
V:ENRG
|
Canada | CA$291.23K |
|
Octopus Aim VCT 2 PLC
LSE:OSEC
|
UK | GBX367.00K |
|
Strikewell Energy Corp
V:SKK
|
Canada | CA$28.37 Million |
|
Chanson International Holding Class A Ordinary Shares
NASDAQ:CHSN
|
USA | $25.77 Million |
|
Hanstone Gold Corp
V:HANS
|
Canada | CA$3.36 Million |
Liability Composition Analysis (2018–2024)
This chart breaks down Goldflare Exploration Inc'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 Goldflare Exploration Inc market cap and net worth.
Liquidity & Leverage Metrics
Key Metrics Explained
| Metric | Value | Description |
|---|---|---|
| Current Ratio | 0.37 | 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 Goldflare Exploration Inc's debt structure has evolved. The comparison includes total liabilities, long-term debt, and current liabilities.
Annual Total Liabilities for Goldflare Exploration Inc (2018–2024)
The table below shows the annual total liabilities of Goldflare Exploration Inc from 2018 to 2024.
| Year | Total Liabilities | Change |
|---|---|---|
| 2024-02-29 | CA$199.23K ≈ $144.12K |
-56.02% |
| 2023-02-28 | CA$452.96K ≈ $327.66K |
+128.91% |
| 2022-02-28 | CA$197.88K ≈ $143.14K |
-0.18% |
| 2021-02-28 | CA$198.23K ≈ $143.40K |
+26.91% |
| 2020-02-29 | CA$156.19K ≈ $112.99K |
+106.52% |
| 2019-02-28 | CA$75.63K ≈ $54.71K |
-93.89% |
| 2018-02-28 | CA$1.24 Million ≈ $894.71K |
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About Goldflare Exploration Inc
Goldflare Exploration Inc. engages in the acquisition, exploration, and development of mining properties in Canada. The company explores for gold deposits. The company was formerly known as Typhoon Exploration Inc. and changed its name to Goldflare Exploration Inc. in September 2021. Goldflare Exploration Inc. was incorporated in 1998 and is headquartered in Piedmont, Canada.