Nortec Minerals Corp (NVT) - Total Liabilities
Based on the latest financial reports, Nortec Minerals Corp (NVT) has total liabilities worth CA$355.71K CAD (≈ $257.32K USD) as of June 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.
Nortec Minerals Corp - Total Liabilities Trend (2013–2024)
This chart illustrates how Nortec Minerals Corp's total liabilities have evolved over time, based on quarterly financial data. See how liquid is Nortec Minerals Corp's working capital to evaluate short-term liquidity relative to the company's equity base.
Nortec Minerals Corp Competitors by Total Liabilities
The table below lists competitors of Nortec Minerals Corp ranked by their total liabilities.
| Company | Country | Total Liabilities |
|---|---|---|
|
Ridgestone Mining Inc
V:RMI
|
Canada | CA$733.02K |
|
Chinhung International Inc
KO:002785
|
Korea | ₩253.44 Billion |
|
Lambo Group Bhd
KLSE:0018
|
Malaysia | RM17.52 Million |
|
Biodexa Pharmaceticals
NASDAQ:BDRX
|
USA | $6.76 Million |
|
Leapfrog Acquisition Corporation Warrants
NASDAQ:LFACW
|
USA | $75.00 Million |
|
Knights Group Holdings plc
LSE:KGH
|
UK | GBX174.08 Million |
|
Anatara Lifesciences Ltd
AU:ANR
|
Australia | AU$612.42K |
|
Reinhold Europe AB
WAR:RHD
|
Poland | zł2.15 Million |
Liability Composition Analysis (2013–2024)
This chart breaks down Nortec Minerals 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 market cap of Nortec Minerals Corp.
Liquidity & Leverage Metrics
Key Metrics Explained
| Metric | Value | Description |
|---|---|---|
| Current Ratio | 0.82 | 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 | -6.94 | Measures financial leverage (Total Liabilities ÷ Shareholder Equity) |
| Debt to Assets | 1.17 | 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 Nortec Minerals Corp's debt structure has evolved. The comparison includes total liabilities, long-term debt, and current liabilities.
Annual Total Liabilities for Nortec Minerals Corp (2013–2024)
The table below shows the annual total liabilities of Nortec Minerals Corp from 2013 to 2024.
| Year | Total Liabilities | Change |
|---|---|---|
| 2024-12-31 | CA$392.27K ≈ $283.76K |
+1.30% |
| 2023-12-31 | CA$387.23K ≈ $280.12K |
-38.38% |
| 2022-12-31 | CA$628.41K ≈ $454.59K |
-1.33% |
| 2021-12-31 | CA$636.87K ≈ $460.70K |
-25.37% |
| 2020-12-31 | CA$853.39K ≈ $617.33K |
-19.15% |
| 2019-12-31 | CA$1.06 Million ≈ $763.57K |
+192.53% |
| 2018-12-31 | CA$360.84K ≈ $261.03K |
+260.32% |
| 2017-12-31 | CA$100.14K ≈ $72.44K |
-65.97% |
| 2016-12-31 | CA$294.32K ≈ $212.91K |
+4.06% |
| 2015-12-31 | CA$282.83K ≈ $204.60K |
-48.65% |
| 2014-12-31 | CA$550.76K ≈ $398.41K |
+149.01% |
| 2013-12-31 | CA$221.18K ≈ $160.00K |
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About Nortec Minerals Corp
Nortec Minerals Corp., together with its subsidiaries, engages in the acquisition, exploration, and development of mineral properties in Canada, Ecuador, and Finland. The company explores for gold, zinc, copper, lead, silver, base metal, and lithium deposits. Nortec Minerals Corp. is headquartered in Vancouver, Canada.