New Found Gold Corp Total Liabilities
New Found Gold Corp total liabilities. Based on the latest financial reports, New Found Gold Corp (NFG) has total liabilities worth CA$18.61 Million CAD (≈ $13.47 Million USD) as of September 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. Check New Found Gold Corp (NFG) liquid assets ratio to evaluate the company's liquid asset resilience ratio.
Total Liabilities of New Found Gold Corp (2019–2024)
Total liabilities of New Found Gold Corp from 2019 to 2024. This chart illustrates how New Found Gold Corp's total liabilities have evolved over time, based on quarterly financial data. Explore New Found Gold Corp (NFG) investment intensity to see how much of total assets are deployed in long-term investments.
New Found Gold Corp Competitors by Total Liabilities
The table below lists competitors of New Found Gold Corp ranked by their total liabilities.
| Company | Country | Total Liabilities |
|---|---|---|
|
Banco da Amazônia S.A
SA:BAZA3
|
Brazil | R$53.12 Billion |
|
HIVE Digital Technologies Ltd.
V:HIVE
|
Canada | CA$64.72 Million |
|
Keystone Electrical (Zhejiang) Co. Ltd. A
SHE:301448
|
China | CN¥177.77 Million |
|
WAVE LIFE SCIENCES LTD.
F:1U5
|
Germany | €71.81 Million |
|
Zhejiang China Light & Textile Industrial City Group Co Ltd
SHG:600790
|
China | CN¥6.25 Billion |
|
Zhejiang Jiaao Enprotech
SHG:603822
|
China | CN¥6.08 Billion |
|
Shanghai Chuangli Group Co Ltd
SHG:603012
|
China | CN¥3.99 Billion |
|
KSL Holdings Bhd
KLSE:5038
|
Malaysia | RM1.53 Billion |
Liability Composition Analysis (2019–2024)
This chart breaks down New Found 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. For the complete balance sheet picture, see total assets of New Found Gold Corp.
Liquidity & Leverage Metrics
New Found Gold Corp Total Liabilities Ratios Explained
New Found Gold Corp total liabilities ratios compare its liabilities with its current assets, cash and shareholder equity.
| Metric | Value | Description |
|---|---|---|
| Current Ratio | 4.04 | 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 | 0.18 | Measures financial leverage (Total Liabilities ÷ Shareholder Equity) |
| Debt to Assets | 0.16 | 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 New Found Gold Corp's debt structure has evolved. The comparison includes total liabilities, long-term debt, and current liabilities.
Annual Total Liabilities for New Found Gold Corp (2019–2024)
The table below shows the annual total liabilities of New Found Gold Corp from 2019 to 2024.
| Year | Total Liabilities | Change |
|---|---|---|
| 2024-12-31 | CA$7.45 Million ≈ $5.39 Million |
-60.96% |
| 2023-12-31 | CA$19.08 Million ≈ $13.80 Million |
-29.90% |
| 2022-12-31 | CA$27.21 Million ≈ $19.69 Million |
+7.13% |
| 2021-12-31 | CA$25.40 Million ≈ $18.38 Million |
+3899.99% |
| 2020-12-31 | CA$635.08K ≈ $459.41K |
+61.66% |
| 2019-12-31 | CA$392.85K ≈ $284.18K |
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About New Found Gold Corp
New Found Gold Corp., a mineral exploration company, engages in the identification, evaluation, acquisition, and exploration of mineral properties in the Provinces of Newfoundland and Labrador, Canada. The company primarily explores for gold deposit. It holds 100% interests in the Queensway project that includes 103 mineral licenses and 7,024 claims covering an area of 175,600 hectares located ne… Read more