Torq Resources Inc Total Assets

Latest as of September 2025: CA$1.82 Million CAD ≈ $1.32 Million USD

Torq Resources Inc total assets. Based on the latest financial reports, Torq Resources Inc (TORQ) holds total assets worth CA$1.82 Million CAD (≈ $1.32 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. Also see Torq Resources Inc (TORQ) total market value for the company's overall valuation and market capitalisation.

Total Assets of Torq Resources Inc (2000–2024)

Total assets of Torq Resources Inc from 2000 to 2024. This chart illustrates how Torq Resources Inc's total assets have evolved over time, based on quarterly financial data. See current stock price of Torq Resources Inc for real-time trading data and today's change.

Torq Resources Inc - Asset Composition Analysis

Torq Resources Inc Total Assets Breakdown (December 2024)

Torq Resources Inc total assets breakdown as of December 2024. Torq Resources Inc's total assets of CA$1.82 Million consist of 28.3% current assets and 71.8% non-current assets.

Asset Category	Amount (CAD)	% of Total Assets
Cash & Equivalents	CA$0.00	22.4%
Accounts Receivable	CA$17.88K	0.7%
Inventory	CA$0.00	0.0%
Property, Plant & Equipment	CA$0.00	0.0%
Intangible Assets	CA$0.00	0.0%
Goodwill	CA$0.00	0.0%

Asset Composition Trend (2000–2024)

This chart illustrates how Torq Resources Inc'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 Torq Resources Inc (TORQ) liquidity to equity ratio to assess how much short-term liquidity the company maintains relative to its equity base.

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Key Asset Composition Facts

Current vs. Non-Current Assets: Torq Resources Inc's current assets represent 28.3% of total assets in 2024, a decrease from 90.9% in 2000.
Cash Position: Cash and equivalents constituted 22.4% of total assets in 2024, down from 90.9% in 2000.
Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2000.
Asset Diversification: The largest asset category is accounts receivable at 0.7% of total assets.

Torq Resources Inc Competitors by Total Assets

Key competitors of Torq Resources Inc based on total assets are shown below.

Company	Country	Total Assets
SOUTH32 Ltd AU:S32	Australia	AU$13.80 Billion
Inner Mongolia Xingye Mining Co Ltd SHE:000426	China	CN¥19.69 Billion
Almonty Industries Inc AU:AII	Australia	AU$589.73 Million
Almonty Industries Inc TO:AII	Canada	CA$605.62 Million
Deterra Royalties Ltd AU:DRR	Australia	AU$375.00 Million
Liontown Resources Ltd AU:LTR	Australia	AU$1.86 Billion
Adriatic Metals Plc F:3FN	Germany	€350.05 Million
Vizsla Silver Corp. TO:VZLA	Canada	CA$1.02 Billion

Torq Resources Inc - 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	0.03	0.08	44.82
Quick Ratio	0.03	0.08	44.82
Cash Ratio	0.00	0.00	0.00
Working Capital	CA$-5.45 Million	CA$-4.71 Million	CA$8.89 Million

Torq Resources Inc - Advanced Valuation Insights

This section examines the relationship between Torq Resources Inc'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	8.27
Latest Market Cap to Assets Ratio	1.96
Asset Growth Rate (YoY)	-42.9%
Total Assets	CA$2.40 Million
Market Capitalization	$4.71 Million USD

Valuation Analysis

Above Book Valuation: The market values Torq Resources Inc's assets above their book value (1.96x), reflecting positive investor sentiment about the company's future prospects.

Significant Asset Reduction: Torq Resources Inc's assets decreased by 42.9% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.

Annual Total Assets for Torq Resources Inc (2000–2024)

The table below shows the annual total assets of Torq Resources Inc from 2000 to 2024.

Year	Total Assets	Change
2024-12-31	CA$2.40 Million ≈ $1.74 Million	-42.91%
2023-12-31	CA$4.21 Million ≈ $3.04 Million	-73.05%
2022-12-31	CA$15.61 Million ≈ $11.29 Million	+291.56%
2021-12-31	CA$3.99 Million ≈ $2.88 Million	-56.18%
2020-12-31	CA$9.09 Million ≈ $6.58 Million	-17.70%
2019-12-31	CA$11.05 Million ≈ $7.99 Million	-12.78%
2018-12-31	CA$12.67 Million ≈ $9.17 Million	-29.70%
2017-12-31	CA$18.02 Million ≈ $13.04 Million	+165.32%
2016-12-31	CA$6.79 Million ≈ $4.91 Million	+2938.94%
2015-12-31	CA$223.52K ≈ $161.69K	-67.49%
2014-12-31	CA$687.46K ≈ $497.30K	-17.82%
2013-12-31	CA$836.53K ≈ $605.13K	-37.45%
2012-12-31	CA$1.34 Million ≈ $967.37K	-91.96%
2011-12-31	CA$16.64 Million ≈ $12.04 Million	+5078.92%
2010-12-31	CA$321.33K ≈ $232.45K	-55.01%
2009-12-31	CA$714.29K ≈ $516.70K	-69.48%
2008-12-31	CA$2.34 Million ≈ $1.69 Million	-60.64%
2007-12-31	CA$5.95 Million ≈ $4.30 Million	+529.08%
2006-12-31	CA$945.20K ≈ $683.75K	+35.79%
2005-12-31	CA$696.10K ≈ $503.55K	+259.26%
2004-12-31	CA$193.76K ≈ $140.16K	+5179.62%
2003-12-31	CA$3.67K ≈ $2.65K	+105.72%
2002-12-31	CA$1.78K ≈ $1.29K	-80.00%
2001-12-31	CA$8.92K ≈ $6.45K	-67.18%
2000-12-31	CA$27.17K ≈ $19.66K	--

About Torq Resources Inc

V:TORQ Canada Other Industrial Metals & Mining

Market Cap

$4.71 Million

CA$6.50 Million CAD

Market Cap Rank

#28649 Global

#1262 in Canada

Share Price

CA$0.04

Change (1 day)

-12.50%

52-Week Range

CA$0.04 - CA$0.13

All Time High

CA$1.05