Velocity Minerals Ltd Total Liabilities
Velocity Minerals Ltd total liabilities. Based on the latest financial reports, Velocity Minerals Ltd (VLC) has total liabilities worth CA$26.61 Million CAD (≈ $19.25 Million USD) as of September 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. See VLC cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.
Total Liabilities of Velocity Minerals Ltd (2013–2024)
Total liabilities of Velocity Minerals Ltd from 2013 to 2024. This chart illustrates how Velocity Minerals Ltd's total liabilities have evolved over time, based on quarterly financial data.
Velocity Minerals Ltd Competitors by Total Liabilities
The table below lists competitors of Velocity Minerals Ltd ranked by their total liabilities.
| Company | Country | Total Liabilities |
|---|---|---|
|
Myomo Inc
NYSE MKT:MYO
|
USA | $27.75 Million |
|
Rockhaven Resources Ltd
V:RK
|
Canada | CA$3.60 Million |
|
NUREXONE BIOLOGIC INC.
F:J90
|
Germany | €1.32 Million |
|
GeneOne Life Science Inc
KO:011000
|
Korea | ₩80.13 Billion |
|
Azimut Exploration Inc.
V:AZM
|
Canada | CA$6.74 Million |
|
Monalisa
KO:012690
|
Korea | ₩15.67 Billion |
|
Panstar Enterprise Co.Ltd
KQ:054300
|
Korea | ₩58.94 Billion |
|
Thirdeye Systems Ltd
TA:THES
|
Israel | ILA31.28 Million |
Liability Composition Analysis (2013–2024)
This chart breaks down Velocity Minerals Ltd'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 Velocity Minerals Ltd balance sheet assets.
Liquidity & Leverage Metrics
Velocity Minerals Ltd Total Liabilities Ratios Explained
Velocity Minerals Ltd total liabilities ratios compare its liabilities with its current assets, cash and shareholder equity.
| Metric | Value | Description |
|---|---|---|
| Current Ratio | 0.94 | 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 | 1.25 | Measures financial leverage (Total Liabilities ÷ Shareholder Equity) |
| Debt to Assets | 0.50 | 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 Velocity Minerals Ltd's debt structure has evolved. The comparison includes total liabilities, long-term debt, and current liabilities.
Annual Total Liabilities for Velocity Minerals Ltd (2013–2024)
The table below shows the annual total liabilities of Velocity Minerals Ltd from 2013 to 2024.
| Year | Total Liabilities | Change |
|---|---|---|
| 2024-12-31 | CA$892.69K ≈ $645.76K |
-8.58% |
| 2023-12-31 | CA$976.49K ≈ $706.38K |
+57.88% |
| 2022-12-31 | CA$618.49K ≈ $447.40K |
+30.37% |
| 2021-12-31 | CA$474.40K ≈ $343.18K |
-90.85% |
| 2020-12-31 | CA$5.18 Million ≈ $3.75 Million |
+6.54% |
| 2019-12-31 | CA$4.86 Million ≈ $3.52 Million |
+1476.82% |
| 2018-12-31 | CA$308.48K ≈ $223.15K |
+122.34% |
| 2017-12-31 | CA$138.74K ≈ $100.36K |
+42.80% |
| 2016-12-31 | CA$97.16K ≈ $70.28K |
-87.90% |
| 2015-12-31 | CA$802.83K ≈ $580.75K |
-8.57% |
| 2014-12-31 | CA$878.08K ≈ $635.19K |
+11.37% |
| 2013-12-31 | CA$788.43K ≈ $570.34K |
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About Velocity Minerals Ltd
Velocity Minerals Ltd. engages in the acquiring, exploring, and evaluating mineral resource properties in Bulgaria and Greece. It explores for gold, silver, and copper deposits. Velocity Minerals Ltd. is headquartered in Vancouver, Canada.