True North Gems Inc
TGX Energy & Resources Inc. engages in the exploration and evaluation of natural resource properties in Canada. It owns interests in the True Blue Property that consists of 303 mining claims located in the Watson Lake Mining District; and Nabikok Property, which consists of 155 claims located in the Abitibi region of northwestern Quebec. The company was formerly known as True North Gems Inc. and … Read more
True North Gems Inc (TNGMF) - Total Liabilities
Latest total liabilities as of September 2025: $7.20 Million USD
Based on the latest financial reports, True North Gems Inc (TNGMF) has total liabilities worth $7.20 Million USD as of September 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.
True North Gems Inc - Total Liabilities Trend (2012–2024)
This chart illustrates how True North Gems Inc's total liabilities have evolved over time, based on quarterly financial data. Explore and compare other companies by total liabilities.
True North Gems Inc Competitors by Total Liabilities
The table below lists competitors of True North Gems Inc ranked by their total liabilities.
| Company | Country | Total Liabilities |
|---|---|---|
|
Mexican Gold Mining Corp
OTCQB:MEXGF
|
USA | $134.27K |
|
St. James Gold Corp
OTCQB:LRDJF
|
USA | $3.06 Million |
|
Union Pioneer Public Company Limited
BK:UPF
|
Thailand | ฿144.96 Million |
|
Rare Earth Magnesium Technology Group Holdings Limited
STU:GPS
|
Germany | €895.62 Million |
|
Encision Inc
PINK:ECIA
|
USA | $2.19 Million |
|
Northern Lights Resources Corp
PINK:NLRCF
|
USA | $1.03 Million |
|
Shaniv
TA:SHAN
|
Israel | ILA687.69 Million |
Liability Composition Analysis (2012–2024)
This chart breaks down True North Gems Inc'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.
Liquidity & Leverage Metrics
Key Metrics Explained
| Metric | Value | Description |
|---|---|---|
| Current Ratio | 0.91 | 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 | -1.03 | Measures financial leverage (Total Liabilities ÷ Shareholder Equity) |
| Debt to Assets | 82.00 | 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 True North Gems Inc's debt structure has evolved. The comparison includes total liabilities, long-term debt, and current liabilities.
Annual Total Liabilities for True North Gems Inc (2012–2024)
The table below shows the annual total liabilities of True North Gems Inc from 2012 to 2024.
| Year | Total Liabilities | Change |
|---|---|---|
| 2024-12-31 | $6.97 Million | +2.58% |
| 2023-12-31 | $6.80 Million | +4.03% |
| 2022-12-31 | $6.54 Million | +32.32% |
| 2021-12-31 | $4.94 Million | -4.71% |
| 2020-12-31 | $5.18 Million | +33.57% |
| 2019-12-31 | $3.88 Million | -39.16% |
| 2018-12-31 | $6.38 Million | +28.69% |
| 2017-12-31 | $4.96 Million | +152.29% |
| 2016-12-31 | $1.96 Million | -75.56% |
| 2015-12-31 | $8.04 Million | +239.45% |
| 2014-12-31 | $2.37 Million | +0.55% |
| 2013-12-31 | $2.36 Million | +39.27% |
| 2012-12-31 | $1.69 Million | -- |