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. Also explore Goldflare Exploration Inc equity growth rate to track the company's year-over-year net asset growth rate.
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. See GOFL free cash flow generation to measure how efficiently the company converts operating cash flow to free cash.
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 |
|---|---|---|
|
Bitcoin Fund Unit
TO:QBTC
|
Canada | CA$1.09 Million |
|
R.E.A. Holdings plc
LSE:RE
|
UK | GBX277.65 Million |
|
Ecoclime Group AB Series B
ST:ECC-B
|
Sweden | Skr12.46 Million |
|
IMMERSION G. S.A. ZY 10
F:73W
|
Germany | €337.16K |
|
GAMES BOX S.A. ZY-10
F:ZN6
|
Germany | €294.72K |
|
Volvere PLC
LSE:VLE
|
UK | GBX11.95 Million |
|
Splash Beverage Group Inc
NYSE MKT:SBEV
|
USA | $15.71 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 capitalisation.
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 |
-- |
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. It holds interests in the Aiguebelle-Goldfields property consists of 6 mining claims that covers approximately 253.85 hectares located in the Rouyn-Noranda, Abitibi-Temiscamingue region; and Syenite Condor Property consists of 15 mining claims… Read more