Visible Gold Mines Inc (VGD) - 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. Also explore VGD shareholders equity momentum to track the company's year-over-year net asset growth rate.
Visible Gold Mines Inc - Total Liabilities Trend (2007–2025)
This chart illustrates how Visible Gold Mines Inc's total liabilities have evolved over time, based on quarterly financial data. See Visible Gold Mines Inc free cash flow ratio to measure how efficiently the company converts operating cash flow to free cash.
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 |
|---|---|---|
|
REY Resources Ltd
AU:REY
|
Australia | AU$21.69 Million |
|
Route1 Inc
V:ROI
|
Canada | CA$8.59 Million |
|
Galmed Pharmaceuticals Ltd
NASDAQ:GLMD
|
USA | $2.85 Million |
|
Mountview Estates PLC
LSE:MTVW
|
UK | GBX74.79 Million |
|
Avricore Health Inc
V:AVCR
|
Canada | CA$173.56K |
|
Fragbite Group AB
ST:FRAG
|
Sweden | Skr128.22 Million |
|
Fancy Wood Industries Public Company Limited
BK:FANCY
|
Thailand | ฿33.48 Million |
|
Hubify Ltd
AU:HFY
|
Australia | AU$3.73 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 full company profile including market capitalisation, see Visible Gold Mines Inc stock valuation.
Liquidity & Leverage Metrics
Key Metrics Explained
| 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.