Galileo Mining (ASX:GAL) Total Liabilities : A$0.58 Mil (As of Dec. 2024)

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What is Galileo Mining Total Liabilities?

Galileo Mining's Total Liabilities for the quarter that ended in Dec. 2024 was A$0.58 Mil.

Galileo Mining's quarterly Total Liabilities increased from Dec. 2023 (A$0.42 Mil) to Jun. 2024 (A$0.87 Mil) but then declined from Jun. 2024 (A$0.87 Mil) to Dec. 2024 (A$0.58 Mil).

Galileo Mining's annual Total Liabilities increased from Jun. 2022 (A$0.66 Mil) to Jun. 2023 (A$1.44 Mil) but then declined from Jun. 2023 (A$1.44 Mil) to Jun. 2024 (A$0.87 Mil).

Galileo Mining Total Liabilities Historical Data

The historical data trend for Galileo Mining's Total Liabilities can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Galileo Mining Total Liabilities Chart

Galileo Mining Annual Data

Trend

Dec17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

Total Liabilities

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0.40

0.27

0.66

1.44

0.87

Galileo Mining Semi-Annual Data
	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Total Liabilities	Get a 7-Day Free Trial									0.79	1.44	0.42	0.87	0.58

Galileo Mining Total Liabilities Calculation

Total Liabilities are the liabilities that the company has to pay others. It is a part of the balance sheet of a company that shareholders do not own, and would be obligated to pay back if the company liquidated.

Galileo Mining's Total Liabilities for the fiscal year that ended in Jun. 2024 is calculated as

Total Liabilities	=	Total Current Liabilities	+	Total Noncurrent Liabilities
	=	Total Current Liabilities	+	(Long-Term Debt & Capital Lease Obligation	+	Other Long-Term Liabilities
	=	0.787	+	(0	+	0.084
	+	NonCurrent Deferred Liabilities	+	PensionAndRetirementBenefit	+	NonCurrent Deferred Income Tax)
	+	0	+	0	+	0)
	=	0.87

Total Liabilities	=	Total Assets (A: Jun. 2024 )	-	Total Equity (A: Jun. 2024 )
	=	48.268	-	47.397
	=	0.87

Galileo Mining's Total Liabilities for the quarter that ended in Dec. 2024 is calculated as

Total Liabilities	=	Total Current Liabilities	+	Total Noncurrent Liabilities
	=	Total Current Liabilities	+	(Long-Term Debt & Capital Lease Obligation	+	Other Long-Term Liabilities
	=	0.389	+	(0.1	+	0.092
	+	NonCurrent Deferred Liabilities	+	PensionAndRetirementBenefit	+	NonCurrent Deferred Income Tax)
	+	0	+	0	+	0)
	=	0.58

Total Liabilities	=	Total Assets (Q: Dec. 2024 )	-	Total Equity (Q: Dec. 2024 )
	=	47.721	-	47.14
	=	0.58

Galileo Mining Total Liabilities Related Terms

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Galileo Mining Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Galileo Mining Ltd (ASX:GAL) » Definitions » Total Liabilities

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Traded in Other Exchanges

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Address

945 Wellington Street, West Perth, Perth, WA, AUS, 6005

Website

https://www.galileomining.com.au

Galileo Mining Ltd is engaged in the business of mineral exploration and development in Western Australia. It holds interests in the Fraser Range Project with exploration tenements prospective for nickel-copper-cobalt deposits. The Norseman Project with exploration tenements prospective for nickel, palladium, platinum, cobalt and lithium deposits with existing JORC compliant palladium-nickel and cobalt-nickel resources.