FTMDF (Fortune Minerals) Total Liabilities : $11.38 Mil (As of Dec. 2024)

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What is Fortune Minerals Total Liabilities?

Fortune Minerals's Total Liabilities for the quarter that ended in Dec. 2024 was $11.38 Mil.

Fortune Minerals's quarterly Total Liabilities increased from Jun. 2024 ($8.92 Mil) to Sep. 2024 ($9.63 Mil) and increased from Sep. 2024 ($9.63 Mil) to Dec. 2024 ($11.38 Mil).

Fortune Minerals's annual Total Liabilities increased from Dec. 2022 ($6.31 Mil) to Dec. 2023 ($7.47 Mil) and increased from Dec. 2023 ($7.47 Mil) to Dec. 2024 ($11.38 Mil).

Fortune Minerals Total Liabilities Historical Data

The historical data trend for Fortune Minerals'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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Fortune Minerals Total Liabilities Chart

Fortune Minerals Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Total Liabilities

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9.49

11.52

6.31

7.47

11.38

Fortune Minerals Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Total Liabilities	Get a 7-Day Free Trial															7.47	7.57	8.92	9.63	11.38

Fortune Minerals 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.

Fortune Minerals's Total Liabilities for the fiscal year 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
	=	11.194	+	(0.078	+	0.11
	+	NonCurrent Deferred Liabilities	+	PensionAndRetirementBenefit	+	NonCurrent Deferred Income Tax)
	+	0	+	0	+	0)
	=	11.38

Total Liabilities	=	Total Assets (A: Dec. 2024 )	-	Total Equity (A: Dec. 2024 )
	=	3.38	-	-8.002
	=	11.38

Fortune Minerals'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
	=	11.194	+	(0.078	+	0.11
	+	NonCurrent Deferred Liabilities	+	PensionAndRetirementBenefit	+	NonCurrent Deferred Income Tax)
	+	0	+	0	+	0)
	=	11.38

Total Liabilities	=	Total Assets (Q: Dec. 2024 )	-	Total Equity (Q: Dec. 2024 )
	=	3.38	-	-8.002
	=	11.38

Fortune Minerals Total Liabilities Related Terms

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Fortune Minerals Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Fortune Minerals Ltd (OTCPK:FTMDF) » Definitions » Total Liabilities

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Address

617 Wellington Street, London, ON, CAN, N6A 3R6

Website

https://www.fortuneminerals.com

Fortune Minerals Ltd is engaged in the exploration and development of mineral properties in Canada. It is focused on advancing the vertically integrated NICO cobalt-gold-bismuth-copper project, comprised of a proposed mine and mill in Canada's Northwest Territories. Fortune also owns the Sue-Dianne copper-silver-gold deposit and the Salkeld Lake exploration project, and holds net smelter royalty (NSR) interests on leases located on the Camsell River property, located south of the Eldorado mining district at Great Bear Lake.