Torq Resources Inc (TORQ) - 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. See TORQ net assets for net asset value and shareholders' equity analysis.
Torq Resources Inc - Total Assets Trend (2000–2024)
This chart illustrates how Torq Resources Inc's total assets have evolved over time, based on quarterly financial data.
Torq Resources Inc - Asset Composition Analysis
Current Asset Composition (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. For live market cap, price, and company overview, see Torq Resources Inc (TORQ) market capitalisation.
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 |
|---|---|---|
|
Pilbara Minerals Ltd
AU:PLS
|
Australia | AU$4.70 Billion |
|
Almonty Industries Inc
AU:AII
|
Australia | AU$589.73 Million |
|
Almonty Industries Inc
TO:AII
|
Canada | CA$433.14 Million |
|
Nanning Chemical Industry Co Ltd
SHG:600301
|
China | CN¥8.36 Billion |
|
Rising Nonferrous Metals Share Co Ltd
SHG:600259
|
China | CN¥8.11 Billion |
|
Yunnan Chihong Zinc&Germanium Co Ltd
SHG:600497
|
China | CN¥25.91 Billion |
|
Sichuan Yahua Industrial Group Co Ltd
SHE:002497
|
China | CN¥14.48 Billion |
|
Skeena Resources Ltd
TO:SKE
|
Canada | CA$647.20 Million |
Torq Resources Inc - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 0.03 | 0.08 | 44.82 |
| Quick Ratio | 0.03 | 0.08 | 44.82 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CA$-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 | 3.92 |
| Asset Growth Rate (YoY) | -42.9% |
| Total Assets | CA$2.40 Million |
| Market Capitalization | $9.41 Million USD |
Valuation Analysis
Premium Asset Valuation: The market values Torq Resources Inc's assets at a significant premium (3.92x), suggesting investors see substantial growth potential or unique competitive advantages.
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 |
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About Torq Resources Inc
Torq Resources Inc., a junior exploration company, engages in the acquisition and exploration of mineral properties in the Americas. It has an option to acquire 100% interests in the Margarita iron-oxide-copper-gold project covering an area of approximately 1,445 hectares located in the city of Copiapo, Chile; and Santa Cecilia gold-copper project, which covers an area of 3,250-hectares located i… Read more