Toromont Industries Ltd. (TIH) - Total Assets
Based on the latest financial reports, Toromont Industries Ltd. (TIH) holds total assets worth CA$5.22 Billion CAD (≈ $3.78 Billion 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 TIH net assets for net asset value and shareholders' equity analysis.
Toromont Industries Ltd. - Total Assets Trend (1993–2024)
This chart illustrates how Toromont Industries Ltd.'s total assets have evolved over time, based on quarterly financial data.
Toromont Industries Ltd. - Asset Composition Analysis
Current Asset Composition (December 2024)
Toromont Industries Ltd.'s total assets of CA$5.22 Billion consist of 59.4% current assets and 40.6% non-current assets.
| Asset Category | Amount (CAD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CA$0.00 | 18.3% |
| Accounts Receivable | CA$575.51 Million | 11.8% |
| Inventory | CA$1.32 Billion | 27.2% |
| Property, Plant & Equipment | CA$1.45 Billion | 29.7% |
| Intangible Assets | CA$373.83 Million | 7.7% |
| Goodwill | CA$95.29 Million | 2.0% |
Asset Composition Trend (1993–2024)
This chart illustrates how Toromont Industries 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 Toromont Industries Ltd. (TIH) market capitalisation.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Toromont Industries Ltd.'s current assets represent 59.4% of total assets in 2024, a decrease from 80.8% in 1993.
- Cash Position: Cash and equivalents constituted 18.3% of total assets in 2024, up from 4.4% in 1993.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 8.0% of total assets, an increase from 0.0% in 1993.
- Asset Diversification: The largest asset category is property, plant & equipment at 29.7% of total assets.
Toromont Industries Ltd. Competitors by Total Assets
Key competitors of Toromont Industries Ltd. based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Zhe Jiang Dong Ri Ltd Co
SHG:600113
|
China | CN¥3.60 Billion |
|
Shandong Hiking International Co Ltd Class A
SHG:600735
|
China | CN¥1.80 Billion |
|
Reece Ltd
AU:REH
|
Australia | AU$7.25 Billion |
|
Stealth Group Holdings Ltd
AU:SGI
|
Australia | AU$140.59 Million |
|
Coventry Group Ltd
AU:CYG
|
Australia | AU$316.92 Million |
|
Saferoads Holdings Ltd
AU:SRH
|
Australia | AU$8.58 Million |
|
Andritz AG
VI:ANDR
|
Austria | €7.76 Billion |
|
Frauenthal Holding AG
VI:FKA
|
Austria | €452.84 Million |
Toromont Industries 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 | 2.61 | 2.64 | 2.15 |
| Quick Ratio | 1.56 | 1.42 | 1.18 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CA$1.85 Billion | CA$1.75 Billion | CA$1.00 Billion |
Toromont Industries Ltd. - Advanced Valuation Insights
This section examines the relationship between Toromont Industries 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 | 4.21 |
| Latest Market Cap to Assets Ratio | 2.63 |
| Asset Growth Rate (YoY) | 6.5% |
| Total Assets | CA$4.87 Billion |
| Market Capitalization | $12.80 Billion USD |
Valuation Analysis
Premium Asset Valuation: The market values Toromont Industries Ltd.'s assets at a significant premium (2.63x), suggesting investors see substantial growth potential or unique competitive advantages.
Positive Asset Growth: Toromont Industries Ltd.'s assets grew by 6.5% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Toromont Industries Ltd. (1993–2024)
The table below shows the annual total assets of Toromont Industries Ltd. from 1993 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CA$4.87 Billion ≈ $3.52 Billion |
+6.49% |
| 2023-12-31 | CA$4.57 Billion ≈ $3.31 Billion |
+9.32% |
| 2022-12-31 | CA$4.18 Billion ≈ $3.03 Billion |
+16.70% |
| 2021-12-31 | CA$3.58 Billion ≈ $2.59 Billion |
+7.08% |
| 2020-12-31 | CA$3.35 Billion ≈ $2.42 Billion |
-0.73% |
| 2019-12-31 | CA$3.37 Billion ≈ $2.44 Billion |
+4.23% |
| 2018-12-31 | CA$3.23 Billion ≈ $2.34 Billion |
+13.18% |
| 2017-12-31 | CA$2.86 Billion ≈ $2.07 Billion |
+102.61% |
| 2016-12-31 | CA$1.41 Billion ≈ $1.02 Billion |
+10.54% |
| 2015-12-31 | CA$1.28 Billion ≈ $923.09 Million |
+15.19% |
| 2014-12-31 | CA$1.11 Billion ≈ $801.37 Million |
+7.50% |
| 2013-12-31 | CA$1.03 Billion ≈ $745.49 Million |
+10.08% |
| 2012-12-31 | CA$936.17 Million ≈ $677.21 Million |
+2.50% |
| 2011-12-31 | CA$913.33 Million ≈ $660.69 Million |
-59.75% |
| 2010-12-31 | CA$2.27 Billion ≈ $1.64 Billion |
+66.29% |
| 2009-12-31 | CA$1.36 Billion ≈ $987.18 Million |
-11.01% |
| 2008-12-31 | CA$1.53 Billion ≈ $1.11 Billion |
+13.01% |
| 2007-12-31 | CA$1.36 Billion ≈ $981.53 Million |
+4.37% |
| 2006-12-31 | CA$1.30 Billion ≈ $940.39 Million |
+13.64% |
| 2005-12-31 | CA$1.14 Billion ≈ $827.53 Million |
+21.08% |
| 2004-12-31 | CA$944.81 Million ≈ $683.46 Million |
+10.35% |
| 2003-12-31 | CA$856.18 Million ≈ $619.34 Million |
+10.92% |
| 2002-12-31 | CA$771.90 Million ≈ $558.38 Million |
+7.10% |
| 2001-12-31 | CA$720.70 Million ≈ $521.34 Million |
+17.42% |
| 2000-12-31 | CA$613.79 Million ≈ $444.00 Million |
+16.23% |
| 1999-12-31 | CA$528.10 Million ≈ $382.02 Million |
+19.21% |
| 1998-12-31 | CA$443.00 Million ≈ $320.46 Million |
+2.00% |
| 1997-12-31 | CA$434.30 Million ≈ $314.17 Million |
+36.44% |
| 1996-12-31 | CA$318.30 Million ≈ $230.25 Million |
+23.04% |
| 1995-12-31 | CA$258.70 Million ≈ $187.14 Million |
+22.32% |
| 1994-12-31 | CA$211.50 Million ≈ $153.00 Million |
+44.27% |
| 1993-12-31 | CA$146.60 Million ≈ $106.05 Million |
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About Toromont Industries Ltd.
Toromont Industries Ltd. provides specialized capital equipment in Canada, the United States, and internationally. It operates in two segments, Equipment Group and CIMCO. The Equipment Group segment engages in the sale, rental, and service of mobile equipment for Caterpillar and other manufacturers; sale, rental, and service of engines used in various applications, including industrial, commercia… Read more