Lovitt Resources Inc (LRC-H) - Total Liabilities
Based on the latest financial reports, Lovitt Resources Inc (LRC-H) has total liabilities worth CA$2.07 Million CAD as of March 2023. 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.
Lovitt Resources Inc - Total Liabilities Trend (2017–2022)
This chart illustrates how Lovitt Resources Inc's total liabilities have evolved over time, based on quarterly financial data. Explore and compare other companies by total liabilities.
Lovitt Resources Inc Competitors by Total Liabilities
The table below lists competitors of Lovitt Resources Inc ranked by their total liabilities.
| Company | Country | Total Liabilities |
|---|---|---|
|
Ten Lifestyle Group PLC
LSE:TENG
|
UK | GBX28.15 Million |
|
OSX Brasil S.A
SA:OSXB3
|
Brazil | R$10.41 Billion |
|
ExpreS2ion Biotech Holding AB
ST:EXPRS2
|
Sweden | Skr29.42 Million |
|
Hertz Energy Inc.
F:A340
|
Germany | €1.36 Million |
|
Sirius Media
PA:ALSRS
|
France | €52.88 Million |
|
Michelmersh Brick Holdings Plc
LSE:MBH
|
UK | GBX36.10 Million |
Liability Composition Analysis (2017–2022)
This chart breaks down Lovitt 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.
Liquidity & Leverage Metrics
Key Metrics Explained
| Metric | Value | Description |
|---|---|---|
| Current Ratio | 0.03 | 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 | -2.05 | Measures financial leverage (Total Liabilities ÷ Shareholder Equity) |
| Debt to Assets | 1.95 | 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 Lovitt Resources Inc's debt structure has evolved. The comparison includes total liabilities, long-term debt, and current liabilities.
Annual Total Liabilities for Lovitt Resources Inc (2017–2022)
The table below shows the annual total liabilities of Lovitt Resources Inc from 2017 to 2022.
| Year | Total Liabilities | Change |
|---|---|---|
| 2022-03-31 | CA$1.97 Million | +8.44% |
| 2021-03-31 | CA$1.81 Million | +14.68% |
| 2019-03-31 | CA$1.58 Million | +19.68% |
| 2018-03-31 | CA$1.32 Million | +20.56% |
| 2017-03-31 | CA$1.10 Million | -- |
About Lovitt Resources Inc
Lovitt Resources Inc., through its subsidiary, Lovitt Mining Company, Inc., engages in the acquisition, exploration, and development of mineral properties in the United States and Canada. The company primarily explores for gold and silver deposits. It holds interests in the Lovitt gold mine; and other mining assets consisting of approximately 285 acres of land adjoining of Wenatchee, Washington. … Read more