Visible Gold Mines Inc Total Liabilities
Visible Gold Mines Inc total liabilities. Based on the latest financial reports, Visible Gold Mines Inc (VGD) has total liabilities worth CA$101.69K CAD (≈ $73.56K USD) as of January 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. Check financial resilience of Visible Gold Mines Inc to evaluate the company's liquid asset resilience ratio.
Total Liabilities of Visible Gold Mines Inc (2007–2025)
Total liabilities of Visible Gold Mines Inc from 2007 to 2025. This chart illustrates how Visible Gold Mines Inc's total liabilities have evolved over time, based on quarterly financial data. Explore Visible Gold Mines Inc (VGD) long-term investment share to see how much of total assets are deployed in long-term investments.
Visible Gold Mines Inc Competitors by Total Liabilities
The table below lists competitors of Visible Gold Mines Inc ranked by their total liabilities.
| Company | Country | Total Liabilities |
|---|---|---|
|
Sequa Petroleum NV
PA:MLSEQ
|
France | €603.00K |
|
Boutique Newcity Public Company Limited
BK:BTNC
|
Thailand | ฿45.58 Million |
|
LDC Dental Public Company Limited
BK:LDC
|
Thailand | ฿269.31 Million |
|
Searchlight Resources Inc
V:SCLT
|
Canada | CA$440.99K |
|
Henderson High Income Trust
LSE:HHI
|
UK | GBX67.03 Million |
|
Project Planning Service Public Company Limited
BK:PPS
|
Thailand | ฿302.93 Million |
|
Flash Sports & Media Holdings, Inc.
NASDAQ:FLZH
|
USA | $74.08 Million |
Liability Composition Analysis (2007–2025)
This chart breaks down Visible Gold Mines 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 complete balance sheet picture, see Visible Gold Mines Inc total assets.
Liquidity & Leverage Metrics
Visible Gold Mines Inc Total Liabilities Ratios Explained
Visible Gold Mines Inc total liabilities ratios compare its liabilities with its current assets, cash and shareholder equity.
| Metric | Value | Description |
|---|---|---|
| Current Ratio | 10.43 | 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 | 0.04 | Measures financial leverage (Total Liabilities ÷ Shareholder Equity) |
| Debt to Assets | 0.04 | 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 Visible Gold Mines Inc's debt structure has evolved. The comparison includes total liabilities, long-term debt, and current liabilities.
Annual Total Liabilities for Visible Gold Mines Inc (2007–2025)
The table below shows the annual total liabilities of Visible Gold Mines Inc from 2007 to 2025.
| Year | Total Liabilities | Change |
|---|---|---|
| 2025-07-31 | CA$678.04K ≈ $490.48K |
+58.87% |
| 2024-07-31 | CA$426.78K ≈ $308.72K |
+67.09% |
| 2023-07-31 | CA$255.41K ≈ $184.76K |
+115.37% |
| 2022-07-31 | CA$118.59K ≈ $85.79K |
+165.82% |
| 2021-07-31 | CA$44.61K ≈ $32.27K |
-88.89% |
| 2020-07-31 | CA$401.41K ≈ $290.38K |
-8.72% |
| 2019-07-31 | CA$439.78K ≈ $318.13K |
+16.59% |
| 2018-07-31 | CA$377.19K ≈ $272.85K |
+336.77% |
| 2017-07-31 | CA$86.36K ≈ $62.47K |
-57.83% |
| 2016-07-31 | CA$204.76K ≈ $148.12K |
-33.59% |
| 2015-07-31 | CA$308.35K ≈ $223.05K |
+95.02% |
| 2014-07-31 | CA$158.11K ≈ $114.38K |
-43.35% |
| 2013-07-31 | CA$279.11K ≈ $201.90K |
-71.43% |
| 2012-07-31 | CA$977.08K ≈ $706.81K |
-28.80% |
| 2011-07-31 | CA$1.37 Million ≈ $992.70K |
+1514.04% |
| 2010-07-31 | CA$85.02K ≈ $61.50K |
-30.26% |
| 2009-07-31 | CA$121.91K ≈ $88.19K |
-83.97% |
| 2008-07-31 | CA$760.59K ≈ $550.20K |
+229.25% |
| 2007-07-31 | CA$231.01K ≈ $167.11K |
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About Visible Gold Mines Inc
Visible Gold Mines Inc. engages in the acquisition and exploration of mineral properties in Canada. Its flagship property includes Horsefly property that comprises 392 mining claims located in the Eeyou Istchee James Bay region of Québec. The company primarily explores for gold and lithium deposits. Visible Gold Mines Inc. was incorporated in 2007 and is headquartered in Rouyn-Noranda, Canada.