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. Also explore Nortec Minerals Corp annual equity growth to track the company's year-over-year net asset growth rate.
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 much free cash does Nortec Minerals Corp generate to measure how efficiently the company converts operating cash flow to free cash.
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 |
|---|---|---|
|
Golden Cross Resources Ltd
AU:GCR
|
Australia | AU$10.33 Million |
|
Castings PLC
LSE:CGS
|
UK | GBX40.76 Million |
|
Hynion AS
OL:HYN
|
Norway | Nkr29.09 Million |
|
CMC Metals Ltd
V:CMB
|
Canada | CA$774.52K |
|
Digjam Limited
NSE:DIGJAMLTD
|
India | Rs765.44 Million |
|
22nd Century Group Inc
NASDAQ:XXII
|
USA | $11.27 Million |
|
Tanah Laut Tbk
JK:INDX
|
Indonesia | Rp21.99 Billion |
|
Rubico Inc. Common Stock
NASDAQ:RUBI
|
USA | $88.27 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 Nortec Minerals Corp (NVT) market capitalisation.
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.