New Found Gold Corp (NFG) - 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. Also explore how fast is New Found Gold Corp growing its equity to track the company's year-over-year net asset growth rate.
New Found Gold Corp - Total Liabilities Trend (2019–2024)
This chart illustrates how New Found Gold Corp's total liabilities have evolved over time, based on quarterly financial data.
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 |
|---|---|---|
|
IEI Integration Corp
TW:3022
|
Taiwan | NT$3.95 Billion |
|
Guizhou Taiyong Changzheng Technology Co Ltd Class A
SHE:002927
|
China | CN¥603.03 Million |
|
Bewi Asa
OL:BEWI
|
Norway | Nkr696.50 Million |
|
Stenhus Fastigheter I Norden AB
ST:SFAST
|
Sweden | Skr8.96 Billion |
|
Liaoning Shenhua Holdings Co Ltd
SHG:600653
|
China | CN¥2.03 Billion |
|
Shanghai General Healthy Information and Technology Co. Ltd.
SHG:605186
|
China | CN¥420.46 Million |
|
Aberdeen Standard Global Infrastructure Income Fund
NYSE:ASGI
|
USA | $4.35 Million |
|
GS P&L CO LTD
KO:499790
|
Korea | ₩1.17 Trillion |
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 full company profile including market capitalisation, see NFG company net worth.
Liquidity & Leverage Metrics
Key Metrics Explained
| 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