Torque Metals Ltd (TOR) - Total Assets
Based on the latest financial reports, Torque Metals Ltd (TOR) holds total assets worth AU$60.02 Million AUD (≈ $42.47 Million USD) as of June 2025. Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments. See TOR total equity for net asset value and shareholders' equity analysis.
Torque Metals Ltd - Total Assets Trend (2018–2025)
This chart illustrates how Torque Metals Ltd's total assets have evolved over time, based on quarterly financial data.
Torque Metals Ltd - Asset Composition Analysis
Current Asset Composition (June 2025)
Torque Metals Ltd's total assets of AU$60.02 Million consist of 6.2% current assets and 93.9% non-current assets.
| Asset Category | Amount (AUD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | AU$0.00 | 5.7% |
| Accounts Receivable | AU$120.89K | 0.2% |
| Inventory | AU$0.00 | 0.0% |
| Property, Plant & Equipment | AU$56.22 Million | 93.7% |
| Intangible Assets | AU$0.00 | 0.0% |
| Goodwill | AU$0.00 | 0.0% |
Asset Composition Trend (2018–2025)
This chart illustrates how Torque Metals Ltd's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution. For live market cap, price, and company overview, see TOR market cap.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Torque Metals Ltd's current assets represent 6.2% of total assets in 2025, a decrease from 45.4% in 2018.
- Cash Position: Cash and equivalents constituted 5.7% of total assets in 2025, down from 45.2% in 2018.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2018.
- Asset Diversification: The largest asset category is property, plant & equipment at 93.7% of total assets.
Torque Metals Ltd Competitors by Total Assets
Key competitors of Torque Metals Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Barrick Gold Corp
TO:ABX
|
Canada | CA$51.48 Billion |
|
OceanaGold Corporation
TO:OGC
|
Canada | CA$2.88 Billion |
|
Perseus Mining Ltd
TO:PRU
|
Canada | CA$3.77 Billion |
|
Aris Mining Corporation
TO:ARIS
|
Canada | CA$2.39 Billion |
|
Hycroft Mining Holding Corporation
NASDAQ:HYMC
|
USA | $230.59 Million |
|
Seabridge Gold Inc.
TO:SEA
|
Canada | CA$1.71 Billion |
|
West African Resources Ltd
AU:WAF
|
Australia | AU$2.27 Billion |
|
Spartan Resources Ltd
AU:SPR
|
Australia | AU$453.72 Million |
Torque Metals Ltd - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 1.55 | 0.87 | 0.25 |
| Quick Ratio | 1.55 | 0.89 | 0.25 |
| Cash Ratio | 0.00 | 0.00 | 0.01 |
| Working Capital | AU$1.31 Million | AU$-339.01K | AU$-212.06K |
Torque Metals Ltd - Advanced Valuation Insights
This section examines the relationship between Torque Metals Ltd's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 3.86 |
| Latest Market Cap to Assets Ratio | 3.16 |
| Asset Growth Rate (YoY) | 163.5% |
| Total Assets | AU$60.02 Million |
| Market Capitalization | $189.95 Million USD |
Valuation Analysis
Premium Asset Valuation: The market values Torque Metals Ltd's assets at a significant premium (3.16x), suggesting investors see substantial growth potential or unique competitive advantages.
Rapid Asset Growth: Torque Metals Ltd's assets grew by 163.5% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Torque Metals Ltd (2018–2025)
The table below shows the annual total assets of Torque Metals Ltd from 2018 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-06-30 | AU$60.02 Million ≈ $42.47 Million |
+163.50% |
| 2024-06-30 | AU$22.78 Million ≈ $16.12 Million |
+94.49% |
| 2023-06-30 | AU$11.71 Million ≈ $8.29 Million |
+13.85% |
| 2022-06-30 | AU$10.29 Million ≈ $7.28 Million |
+16.68% |
| 2021-06-30 | AU$8.82 Million ≈ $6.24 Million |
+787.87% |
| 2020-06-30 | AU$993.00K ≈ $702.61K |
+43.18% |
| 2019-06-30 | AU$693.55K ≈ $490.73K |
+4.49% |
| 2018-06-30 | AU$663.73K ≈ $469.63K |
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About Torque Metals Ltd
Torque Metals Limited engages in exploration and evaluation of minerals properties in Australia. It explores for gold, lithium, nickel, and cobalt deposits. Its flagship project is the 100% owned Paris Gold project that covers an area of approximately 1,200 square kilometers located on the Boulder-Lefroy Fault in Western Australia. Torque Metals Limited was incorporated in 2017 and is based in Pe… Read more