Northern Shield Resources Inc. (NRN) - Total Liabilities
Based on the latest financial reports, Northern Shield Resources Inc. (NRN) has total liabilities worth CA$451.66K CAD (≈ $326.73K 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. Also explore NRN shareholders equity momentum to track the company's year-over-year net asset growth rate.
Northern Shield Resources Inc. - Total Liabilities Trend (2002–2025)
This chart illustrates how Northern Shield Resources Inc.'s total liabilities have evolved over time, based on quarterly financial data. See cash generation quality of Northern Shield Resources Inc. to measure how efficiently the company converts operating cash flow to free cash.
Northern Shield Resources Inc. Competitors by Total Liabilities
The table below lists competitors of Northern Shield Resources Inc. ranked by their total liabilities.
| Company | Country | Total Liabilities |
|---|---|---|
|
Advent Wireless Inc
V:AWI
|
Canada | CA$2.65 Million |
|
Plato Gold Corp.
V:PGC
|
Canada | CA$3.33 Million |
|
Ronin Resources Ltd
AU:RON
|
Australia | AU$121.73K |
|
ARK Resources Bhd
KLSE:7007
|
Malaysia | RM59.30 Million |
|
Austchina Holdings Ltd
AU:AUH
|
Australia | AU$1.64 Million |
|
Solteq PLC
HE:SOLTEQ
|
Finland | €35.22 Million |
|
Xenetic Biosciences Inc
NASDAQ:XBIO
|
USA | $1.11 Million |
|
ESE Entertainment Inc
V:ESE
|
Canada | CA$9.18 Million |
Liability Composition Analysis (2002–2025)
This chart breaks down Northern Shield 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. For the full company profile including market capitalisation, see Northern Shield Resources Inc. (NRN) total market value.
Liquidity & Leverage Metrics
Key Metrics Explained
| Metric | Value | Description |
|---|---|---|
| Current Ratio | 3.63 | 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 | 0.10 | Measures financial leverage (Total Liabilities ÷ Shareholder Equity) |
| Debt to Assets | 0.09 | 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 Northern Shield Resources Inc.'s debt structure has evolved. The comparison includes total liabilities, long-term debt, and current liabilities.
Annual Total Liabilities for Northern Shield Resources Inc. (2002–2025)
The table below shows the annual total liabilities of Northern Shield Resources Inc. from 2002 to 2025.
| Year | Total Liabilities | Change |
|---|---|---|
| 2025-12-31 | CA$511.27K ≈ $369.84K |
-23.87% |
| 2024-12-31 | CA$671.58K ≈ $485.81K |
-17.76% |
| 2023-12-31 | CA$816.62K ≈ $590.73K |
+45.43% |
| 2022-12-31 | CA$561.51K ≈ $406.19K |
+68.11% |
| 2021-12-31 | CA$334.01K ≈ $241.62K |
-31.01% |
| 2020-12-31 | CA$484.16K ≈ $350.24K |
+15.89% |
| 2019-12-31 | CA$417.76K ≈ $302.20K |
+104.23% |
| 2018-12-31 | CA$204.56K ≈ $147.97K |
+45.24% |
| 2017-12-31 | CA$140.84K ≈ $101.88K |
-63.70% |
| 2016-12-31 | CA$388.00K ≈ $280.68K |
+34.23% |
| 2015-12-31 | CA$289.07K ≈ $209.11K |
-11.68% |
| 2014-12-31 | CA$327.31K ≈ $236.77K |
-59.59% |
| 2013-12-31 | CA$809.98K ≈ $585.93K |
+54.25% |
| 2012-12-31 | CA$525.10K ≈ $379.85K |
-39.49% |
| 2011-12-31 | CA$867.83K ≈ $627.77K |
+201.30% |
| 2010-12-31 | CA$288.02K ≈ $208.35K |
+53.33% |
| 2009-12-31 | CA$187.84K ≈ $135.88K |
-49.19% |
| 2008-12-31 | CA$369.74K ≈ $267.46K |
+90.56% |
| 2007-12-31 | CA$194.03K ≈ $140.36K |
+32.28% |
| 2006-12-31 | CA$146.68K ≈ $106.10K |
+3.87% |
| 2005-12-31 | CA$141.21K ≈ $102.15K |
-17.49% |
| 2004-12-31 | CA$171.15K ≈ $123.81K |
-14.68% |
| 2003-12-31 | CA$200.61K ≈ $145.12K |
+4976.19% |
| 2002-12-31 | CA$3.95K ≈ $2.86K |
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About Northern Shield Resources Inc.
Northern Shield Resources Inc., a natural resource company, engages in identifying, acquiring, and exploring mineral properties primarily in Eastern Canada. The company explores for nickel, copper, gold, silver, and tellurium deposits, as well as platinum group metals. Its flagship property is the Root & Cellar Au-Ag-Te-(Cu) property that consists of 16 mineral licenses covering an area of approx… Read more