Velocity Minerals Ltd (VLC) - Total Liabilities
Based on the latest financial reports, Velocity Minerals Ltd (VLC) has total liabilities worth CA$26.61 Million CAD 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.
Velocity Minerals Ltd - Total Liabilities Trend (2013–2024)
This chart illustrates how Velocity Minerals Ltd's total liabilities have evolved over time, based on quarterly financial data. Explore and compare other companies by total liabilities.
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 |
|---|---|---|
|
Forge Resources Corp.
F:5YZ
|
Germany | €3.09 Million |
|
Jeongsan Aikang Co.Ltd
KQ:022220
|
Korea | ₩54.45 Billion |
|
Oil Country Tubular Limited
NSE:OILCOUNTUB
|
India | Rs1.26 Billion |
|
EG Corporation
KQ:037370
|
Korea | ₩128.43 Billion |
|
Chai Communication Co.,LTD.
KQ:351870
|
Korea | ₩111.92 Billion |
|
NANOBRICK Co. Ltd
KQ:286750
|
Korea | ₩20.16 Billion |
|
Daeho Al Co. Ltd.
KO:069460
|
Korea | ₩66.52 Billion |
|
Nephros Inc
NASDAQ:NEPH
|
USA | $3.44 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.
Liquidity & Leverage Metrics
Key Metrics Explained
| 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 | -8.58% |
| 2023-12-31 | CA$976.49K | +57.88% |
| 2022-12-31 | CA$618.49K | +30.37% |
| 2021-12-31 | CA$474.40K | -90.85% |
| 2020-12-31 | CA$5.18 Million | +6.54% |
| 2019-12-31 | CA$4.86 Million | +1476.82% |
| 2018-12-31 | CA$308.48K | +122.34% |
| 2017-12-31 | CA$138.74K | +42.80% |
| 2016-12-31 | CA$97.16K | -87.90% |
| 2015-12-31 | CA$802.83K | -8.57% |
| 2014-12-31 | CA$878.08K | +11.37% |
| 2013-12-31 | CA$788.43K | -- |
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.