Galore Resources Inc (GRI) - Total Liabilities
Based on the latest financial reports, Galore Resources Inc (GRI) has total liabilities worth CA$12.54 Million CAD (≈ $9.07 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. See how liquid is Galore Resources Inc's working capital to evaluate short-term liquidity relative to the company's equity base.
Galore Resources Inc - Total Liabilities Trend (2014–2026)
This chart illustrates how Galore Resources Inc's total liabilities have evolved over time, based on quarterly financial data. For the complete balance sheet picture, see balance sheet size of Galore Resources Inc.
Galore Resources Inc Competitors by Total Liabilities
The table below lists competitors of Galore Resources Inc ranked by their total liabilities.
| Company | Country | Total Liabilities |
|---|---|---|
|
Propanc Biopharma, Inc. Common Stock
NASDAQ:PPCB
|
USA | $4.51 Million |
|
Lambo Group Bhd
KLSE:0018
|
Malaysia | RM17.52 Million |
|
Erayak Power Solution Group Inc. Class A Ordinary Shares
NASDAQ:RAYA
|
USA | $24.18 Million |
|
Leapfrog Acquisition Corporation Warrants
NASDAQ:LFACW
|
USA | $75.00 Million |
|
Metronic Global Bhd
KLSE:0043
|
Malaysia | RM41.66 Million |
|
Shrenik Limited
NSE:SHRENIK
|
India | Rs1.82 Billion |
|
Kwesst Micro Systems Inc
V:KWE
|
Canada | CA$5.52 Million |
|
Visual International Holdings Ltd
JSE:VIS
|
South Africa | ZAC25.30 Million |
Liability Composition Analysis (2014–2026)
This chart breaks down Galore Resources 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. See Galore Resources Inc balance sheet independence to measure how much of total assets are equity-financed.
Liquidity & Leverage Metrics
Key Metrics Explained
| Metric | Value | Description |
|---|---|---|
| Current Ratio | 0.01 | 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 | 9.88 | Measures financial leverage (Total Liabilities ÷ Shareholder Equity) |
| Debt to Assets | 0.91 | 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 Galore Resources Inc's debt structure has evolved. The comparison includes total liabilities, long-term debt, and current liabilities.
Annual Total Liabilities for Galore Resources Inc (2014–2026)
The table below shows the annual total liabilities of Galore Resources Inc from 2014 to 2026.
| Year | Total Liabilities | Change |
|---|---|---|
| 2026-03-31 | CA$12.54 Million ≈ $9.07 Million |
+23.14% |
| 2025-03-31 | CA$10.18 Million ≈ $7.36 Million |
+9.52% |
| 2024-03-31 | CA$9.30 Million ≈ $6.73 Million |
+35.17% |
| 2023-03-31 | CA$6.88 Million ≈ $4.98 Million |
+49.60% |
| 2022-03-31 | CA$4.60 Million ≈ $3.33 Million |
+20.49% |
| 2021-03-31 | CA$3.82 Million ≈ $2.76 Million |
+20.69% |
| 2020-03-31 | CA$3.16 Million ≈ $2.29 Million |
+87.48% |
| 2019-03-31 | CA$1.69 Million ≈ $1.22 Million |
+35.15% |
| 2018-03-31 | CA$1.25 Million ≈ $902.55K |
+12.94% |
| 2017-03-31 | CA$1.10 Million ≈ $799.16K |
+62.87% |
| 2016-03-31 | CA$678.31K ≈ $490.68K |
+39.86% |
| 2015-03-31 | CA$484.99K ≈ $350.83K |
+125.63% |
| 2014-03-31 | CA$214.95K ≈ $155.49K |
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About Galore Resources Inc
Galore Resources Inc., through its subsidiary, Minerales Galore, S.A de C.V., engages in the acquisition and exploration of mineral properties in North America. The company explores for gold deposit. Its flagship project is the Dos Santos gold and base-metal property covering an area of 15,000 hectares of mineral claims located in northern Zacatecas State, Mexico. Galore Resources Inc. was incorp… Read more