Independence Gold Corp (IGO) - Total Liabilities

Latest as of March 2026: CA$1.43 Million CAD ≈ $1.03 Million USD

Based on the latest financial reports, Independence Gold Corp (IGO) has total liabilities worth CA$1.43 Million CAD (≈ $1.03 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. Check Independence Gold Corp asset resilience ratio to evaluate the company's liquid asset resilience ratio.

Independence Gold Corp - Total Liabilities Trend (2011–2025)

This chart illustrates how Independence Gold Corp's total liabilities have evolved over time, based on quarterly financial data. For the complete balance sheet picture, see total assets of Independence Gold Corp.

Independence Gold Corp Competitors by Total Liabilities

The table below lists competitors of Independence Gold Corp ranked by their total liabilities.

Company	Country	Total Liabilities
Woowon Development Co. Ltd KQ:046940	Korea	₩118.27 Billion
3S KOREA Co. Ltd KQ:060310	Korea	₩14.25 Billion
Dimension Computer Technology Co Ltd TWO:6140	Taiwan	NT$940.09 Million
Pyung Hwa Hldg KO:010770	Korea	₩443.86 Billion
Impact Coatings publ AB ST:IMPC	Sweden	Skr37.50 Million
Nureca Limited NSE:NURECA	India	Rs259.46 Million
Drax Group PLC LSE:DRX	UK	GBX3.02 Billion
AQUA SA ZY 16 F:9S0	Germany	€147.33 Million

Liability Composition Analysis (2011–2025)

This chart breaks down Independence Gold 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. See debt-free asset ratio of Independence Gold Corp to measure how much of total assets are equity-financed.

Liquidity & Leverage Metrics

Key Metrics Explained

Metric	Value	Description
Current Ratio	4.62	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	0.15	Measures financial leverage (Total Liabilities ÷ Shareholder Equity)
Debt to Assets	0.13	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 Independence Gold Corp's debt structure has evolved. The comparison includes total liabilities, long-term debt, and current liabilities.

Annual Total Liabilities for Independence Gold Corp (2011–2025)

The table below shows the annual total liabilities of Independence Gold Corp from 2011 to 2025.

Year	Total Liabilities	Change
2025-12-31	CA$1.04 Million ≈ $752.03K	-31.87%
2024-12-31	CA$1.53 Million ≈ $1.10 Million	+76.15%
2023-12-31	CA$866.29K ≈ $626.66K	+15.60%
2022-12-31	CA$749.39K ≈ $542.10K	-4.87%
2021-12-31	CA$787.76K ≈ $569.85K	-26.29%
2020-12-31	CA$1.07 Million ≈ $773.06K	+1.71%
2019-12-31	CA$1.05 Million ≈ $760.10K	+454.53%
2018-12-31	CA$189.48K ≈ $137.07K	-38.75%
2017-12-31	CA$309.36K ≈ $223.78K	+27.13%
2016-12-31	CA$243.34K ≈ $176.03K	+136.10%
2015-12-31	CA$103.07K ≈ $74.56K	+198.70%
2014-12-31	CA$34.51K ≈ $24.96K	+6.43%
2013-12-31	CA$32.42K ≈ $23.45K	-97.80%
2012-12-31	CA$1.48 Million ≈ $1.07 Million	+47.58%
2011-12-31	CA$1.00 Million ≈ $723.38K	--

About Independence Gold Corp

V:IGO Canada Gold

Market Cap

$35.32 Million

CA$48.83 Million CAD

Market Cap Rank

#23398 Global

#854 in Canada

Share Price

CA$0.19

Change (1 day)

+5.71%

52-Week Range

CA$0.08 - CA$0.21

All Time High

CA$0.49