Highbank Resources Ltd. (HBK) - Total Liabilities
Based on the latest financial reports, Highbank Resources Ltd. (HBK) has total liabilities worth CA$12.99 Million CAD (≈ $9.40 Million USD) as of September 2024. 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 HBK net asset momentum to track the company's year-over-year net asset growth rate.
Highbank Resources Ltd. - Total Liabilities Trend (2013–2023)
This chart illustrates how Highbank Resources Ltd.'s total liabilities have evolved over time, based on quarterly financial data. See free cash flow generation of Highbank Resources Ltd. to measure how efficiently the company converts operating cash flow to free cash.
Highbank Resources Ltd. Competitors by Total Liabilities
The table below lists competitors of Highbank Resources Ltd. ranked by their total liabilities.
| Company | Country | Total Liabilities |
|---|---|---|
|
ORUM
KQ:475830
|
Korea | ₩29.73 Billion |
|
Amigo Holdings PLC
LSE:AMGO
|
UK | GBX39.20 Million |
|
Tan Delta Systems PLC
LSE:TAND
|
UK | GBX335.02K |
|
KINGMAN MINERALS LTD.
F:47A
|
Germany | €438.83K |
|
Portmeirion Group
LSE:PMGR
|
UK | GBX17.52 Million |
|
VEOM Group S.A.
PA:ALVG
|
France | €24.27 Million |
|
HARVEST MINERALS LTD
F:7HM
|
Germany | €4.56 Million |
Liability Composition Analysis (2013–2023)
This chart breaks down Highbank Resources Ltd.'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 market cap of Highbank Resources Ltd..
Liquidity & Leverage Metrics
Key Metrics Explained
| Metric | Value | Description |
|---|---|---|
| Current Ratio | 0.00 | 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 | -1.03 | Measures financial leverage (Total Liabilities ÷ Shareholder Equity) |
| Debt to Assets | 34.90 | 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 Highbank Resources Ltd.'s debt structure has evolved. The comparison includes total liabilities, long-term debt, and current liabilities.
Annual Total Liabilities for Highbank Resources Ltd. (2013–2023)
The table below shows the annual total liabilities of Highbank Resources Ltd. from 2013 to 2023.
| Year | Total Liabilities | Change |
|---|---|---|
| 2023-12-31 | CA$12.54 Million ≈ $9.07 Million |
+13.93% |
| 2022-12-31 | CA$11.01 Million ≈ $7.96 Million |
+13.97% |
| 2021-12-31 | CA$9.66 Million ≈ $6.99 Million |
-6.23% |
| 2020-12-31 | CA$10.30 Million ≈ $7.45 Million |
+8.00% |
| 2019-12-31 | CA$9.54 Million ≈ $6.90 Million |
+15.63% |
| 2018-12-31 | CA$8.25 Million ≈ $5.97 Million |
+19.51% |
| 2017-12-31 | CA$6.90 Million ≈ $4.99 Million |
+3.08% |
| 2016-12-31 | CA$6.70 Million ≈ $4.84 Million |
+1.38% |
| 2015-12-31 | CA$6.61 Million ≈ $4.78 Million |
+42.89% |
| 2014-12-31 | CA$4.62 Million ≈ $3.34 Million |
+2343.72% |
| 2013-12-31 | CA$189.17K ≈ $136.84K |
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About Highbank Resources Ltd.
Highbank Resources Ltd. engages in the acquisition, exploration, and development of mineral properties in Canada. It primarily mines for sand and gravel resources. The company holds interest in the Swamp Point North sand and gravel quarry located in Portland Canal, British Columbia. It also holds an option agreement to acquire Terra Nova property located in Newfoundland and Labrador. Highbank Res… Read more