Thor Medical ASA (TRMED) - Total Liabilities

Latest as of June 2025: Nkr87.50 Million NOK ≈ $9.21 Million USD

Based on the latest financial reports, Thor Medical ASA (TRMED) has total liabilities worth Nkr87.50 Million NOK (≈ $9.21 Million USD) as of June 2025. Total liabilities represent everything the company owes to external parties, combining both current liabilities—like accounts payable, short-term debt, and accrued expenses—and non-current liabilities such as long-term debt, pension obligations, lease liabilities, and deferred tax liabilities. Explore TRMED cash flow conversion to assess how effectively this company generates cash.

Thor Medical ASA - Total Liabilities Trend (2019–2024)

This chart illustrates how Thor Medical ASA's total liabilities have evolved over time, based on quarterly financial data. Check Thor Medical ASA (TRMED) liquid assets ratio to evaluate the company's liquid asset resilience ratio.

Thor Medical ASA Competitors by Total Liabilities

The table below lists competitors of Thor Medical ASA ranked by their total liabilities.

Company Country Total Liabilities
Intai Technology
TWO:4163
Taiwan NT$2.08 Billion
Thai Nakarin Hospital Public Company Limited
BK:TNH
Thailand ฿563.40 Million
Beta Systems Software AG
F:SPT6
Germany €34.24 Million
Douglas Elliman Inc
NYSE:DOUG
USA $261.13 Million
Rich Development Co Ltd
TWO:5512
Taiwan NT$26.69 Billion
Northcliff Resources Ltd
TO:NCF
Canada CA$5.23 Million
Venus Remedies Limited
NSE:VENUSREM
India Rs1.74 Billion
Cartesian Therapeutics Inc.
NASDAQ:RNAC
USA $408.52 Million

Liability Composition Analysis (2019–2024)

This chart breaks down Thor Medical ASA's total liabilities into key components over time: long-term debt, short-term debt, other current liabilities, and other non-current liabilities. Toggle between absolute values and percentage view to see how the composition has shifted. For the full company profile including market capitalisation, see how much is Thor Medical ASA worth.

Liquidity & Leverage Metrics

Key Metrics Explained

Metric Value Description
Current Ratio 8.87 Measures ability to pay short-term obligations (Current Assets ÷ Current Liabilities)
Quick Ratio N/A More stringent measure of short-term liquidity ((Current Assets - Inventory) ÷ Current Liabilities)
Cash Ratio N/A Most conservative liquidity measure (Cash & Equivalents ÷ Current Liabilities)
Debt to Equity 0.18 Measures financial leverage (Total Liabilities ÷ Shareholder Equity)
Debt to Assets 0.16 Portion of assets financed with debt (Total Liabilities ÷ Total Assets)

Liability Trends Comparison

This chart compares key liability metrics across different time periods, showing how Thor Medical ASA's debt structure has evolved. The comparison includes total liabilities, long-term debt, and current liabilities.

Annual Total Liabilities for Thor Medical ASA (2019–2024)

The table below shows the annual total liabilities of Thor Medical ASA from 2019 to 2024.

Year Total Liabilities Change
2024-12-31 Nkr77.30 Million
≈ $8.13 Million
+31.22%
2023-12-31 Nkr58.91 Million
≈ $6.20 Million
+28.62%
2022-12-31 Nkr45.80 Million
≈ $4.82 Million
-70.67%
2021-12-31 Nkr156.16 Million
≈ $16.43 Million
+14.87%
2020-12-31 Nkr135.94 Million
≈ $14.31 Million
+2874.01%
2019-12-31 Nkr4.57 Million
≈ $481.00K
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About Thor Medical ASA

OL:TRMED Norway Biotechnology
Market Cap
$168.11 Million
Nkr1.60 Billion NOK
Market Cap Rank
#17341 Global
#143 in Norway
Share Price
Nkr4.51
Change (1 day)
-0.33%
52-Week Range
Nkr2.32 - Nkr5.58
All Time High
Nkr121.16
About

Thor Medical ASA produces and supplies alpha-particle emitters for cancer therapy in Norway. It develops Ra224, an isotope of radium; Pb-212, a radioactive isotope of lead; and Th-228, a radioactive isotope of thorium. The company was incorporated in 2009 and is headquartered in Oslo, Norway.