Toro Ltd (TORO) - Total Assets
Based on the latest financial reports, Toro Ltd (TORO) holds total assets worth $388.13 Million USD as of September 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.
Toro Ltd - Total Assets Trend (2021–2024)
This chart illustrates how Toro Ltd's total assets have evolved over time, based on quarterly financial data. For live market cap, price, and company overview, see Toro Ltd (TORO) market capitalisation.
Toro Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
Toro Ltd's total assets of $388.13 Million consist of 16.9% current assets and 83.1% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 11.4% |
| Accounts Receivable | $16.87 Million | 5.2% |
| Inventory | $194.98K | 0.1% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2021–2024)
This chart illustrates how Toro 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. Explore TORO cash flow metrics to assess how effectively this company generates cash.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Toro Ltd's current assets represent 16.9% of total assets in 2024, an increase from 10.2% in 2021.
- Cash Position: Cash and equivalents constituted 11.4% of total assets in 2024, up from 4.0% in 2021.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2021.
- Asset Diversification: The largest asset category is accounts receivable at 5.2% of total assets.
Toro Ltd Competitors by Total Assets
Key competitors of Toro Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
FLEX LNG Ltd
F:0QQA
|
Germany | €2.68 Billion |
|
Anhui Province Natural Gas Development Co Ltd
SHG:603689
|
China | CN¥7.57 Billion |
|
KNOT Offshore Partners LP
NYSE:KNOP
|
USA | $1.72 Billion |
|
Transportadora de Gas del Norte SA Class C
BA:TGNO4
|
Argentina | AR$1.26 Trillion |
|
BP Prudhoe Bay Royalty Trust
NYSE:BPT
|
USA | $3.12 Million |
|
SunocoCorp LLC
NYSE:SUNC
|
USA | $28.36 Billion |
|
CMB.TECH NV
BR:CMBT
|
Belgium | €8.37 Billion |
|
Fluxys Belgium
BR:FLUX
|
Belgium | €3.28 Billion |
Toro 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 | 5.94 | 36.82 | 1.82 |
| Quick Ratio | 5.94 | 36.78 | 1.37 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $33.57 Million | $189.94 Million | $5.69 Million |
Toro Ltd - Advanced Valuation Insights
This section examines the relationship between Toro 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 | 0.57 |
| Latest Market Cap to Assets Ratio | 0.35 |
| Asset Growth Rate (YoY) | 5.9% |
| Total Assets | $326.41 Million |
| Market Capitalization | $113.97 Million USD |
Valuation Analysis
Below Book Valuation: The market values Toro Ltd's assets below their book value (0.35x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Toro Ltd's assets grew by 5.9% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Toro Ltd (2021–2024)
The table below shows the annual total assets of Toro Ltd from 2021 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $326.41 Million | +5.94% |
| 2023-12-31 | $308.10 Million | +95.65% |
| 2022-12-31 | $157.48 Million | +26.95% |
| 2021-12-31 | $124.05 Million | -- |
About Toro Ltd
Toro Corp., a shipping company, acquires, owns, charters, and operates oceangoing LPG carrier vessels worldwide. It operates through Handysize Tanker and LPG Carrier segments. The company also provides energy seaborne transportation services for LPG. As of December 31, 2024, it operated through a fleet of four LPG carrier vessels and one Handysize tanker vessel with an aggregate cargo carrying ca… Read more