Toromont Industries Ltd. Total Liabilities
Toromont Industries Ltd. total liabilities. Based on the latest financial reports, Toromont Industries Ltd. (TIH) has total liabilities worth CA$2.21 Billion CAD (≈ $1.60 Billion 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. Check TIH asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Total Liabilities of Toromont Industries Ltd. (1993–2024)
Total liabilities of Toromont Industries Ltd. from 1993 to 2024. This chart illustrates how Toromont Industries Ltd.'s total liabilities have evolved over time, based on quarterly financial data.
Toromont Industries Ltd. Competitors by Total Liabilities
The table below lists competitors of Toromont Industries Ltd. ranked by their total liabilities.
| Company | Country | Total Liabilities |
|---|---|---|
|
BJs Wholesale Club Holdings Inc
NYSE:BJ
|
USA | $5.80 Billion |
|
Guidewire Software Inc
NYSE:GWRE
|
USA | $1.18 Billion |
|
Hyosung Heavy Industries Corp
KO:298040
|
Korea | ₩5.32 Trillion |
|
MILLICOM INTL CELL. DL15
F:M4M1
|
Germany | €13.63 Billion |
|
Metso Oyj
HE:METSO
|
Finland | €4.81 Billion |
|
Guangdong Dtech Technology Co. Ltd. A
SHE:301377
|
China | CN¥2.43 Billion |
|
GlobalWafers Co Ltd
TWO:6488
|
Taiwan | NT$125.05 Billion |
|
Astra International Tbk
JK:ASII
|
Indonesia | Rp209.04 Trillion |
Liability Composition Analysis (1993–2024)
This chart breaks down Toromont Industries Ltd.'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 complete balance sheet picture, see Toromont Industries Ltd. (TIH) total assets.
Liquidity & Leverage Metrics
Toromont Industries Ltd. Total Liabilities Ratios Explained
Toromont Industries Ltd. total liabilities ratios compare its liabilities with its current assets, cash and shareholder equity.
| Metric | Value | Description |
|---|---|---|
| Current Ratio | 2.61 | 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 | 0.74 | Measures financial leverage (Total Liabilities ÷ Shareholder Equity) |
| Debt to Assets | 0.42 | 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 Toromont Industries Ltd.'s debt structure has evolved. The comparison includes total liabilities, long-term debt, and current liabilities.
Annual Total Liabilities for Toromont Industries Ltd. (1993–2024)
The table below shows the annual total liabilities of Toromont Industries Ltd. from 1993 to 2024.
| Year | Total Liabilities | Change |
|---|---|---|
| 2024-12-31 | CA$1.91 Billion ≈ $1.38 Billion |
+1.33% |
| 2023-12-31 | CA$1.89 Billion ≈ $1.37 Billion |
+1.68% |
| 2022-12-31 | CA$1.86 Billion ≈ $1.34 Billion |
+13.88% |
| 2021-12-31 | CA$1.63 Billion ≈ $1.18 Billion |
-1.07% |
| 2020-12-31 | CA$1.65 Billion ≈ $1.19 Billion |
-10.30% |
| 2019-12-31 | CA$1.84 Billion ≈ $1.33 Billion |
-3.64% |
| 2018-12-31 | CA$1.91 Billion ≈ $1.38 Billion |
+10.02% |
| 2017-12-31 | CA$1.73 Billion ≈ $1.25 Billion |
+230.04% |
| 2016-12-31 | CA$525.14 Million ≈ $379.88 Million |
+4.86% |
| 2015-12-31 | CA$500.80 Million ≈ $362.27 Million |
+13.89% |
| 2014-12-31 | CA$439.73 Million ≈ $318.09 Million |
-3.14% |
| 2013-12-31 | CA$454.00 Million ≈ $328.42 Million |
-1.22% |
| 2012-12-31 | CA$459.60 Million ≈ $332.46 Million |
-9.79% |
| 2011-12-31 | CA$509.47 Million ≈ $368.54 Million |
-52.05% |
| 2010-12-31 | CA$1.06 Billion ≈ $768.67 Million |
+108.11% |
| 2009-12-31 | CA$510.60 Million ≈ $369.36 Million |
-32.31% |
| 2008-12-31 | CA$754.35 Million ≈ $545.68 Million |
+7.44% |
| 2007-12-31 | CA$702.13 Million ≈ $507.91 Million |
-4.40% |
| 2006-12-31 | CA$734.44 Million ≈ $531.28 Million |
+10.92% |
| 2005-12-31 | CA$662.16 Million ≈ $479.00 Million |
+25.18% |
| 2004-12-31 | CA$528.96 Million ≈ $382.64 Million |
+10.35% |
| 2003-12-31 | CA$479.34 Million ≈ $346.75 Million |
+9.79% |
| 2002-12-31 | CA$436.59 Million ≈ $315.82 Million |
+7.41% |
| 2001-12-31 | CA$406.45 Million ≈ $294.02 Million |
+2.75% |
| 2000-12-31 | CA$395.57 Million ≈ $286.15 Million |
+21.72% |
| 1999-12-31 | CA$325.00 Million ≈ $235.10 Million |
+25.29% |
| 1998-12-31 | CA$259.40 Million ≈ $187.65 Million |
-6.86% |
| 1997-12-31 | CA$278.50 Million ≈ $201.46 Million |
+27.75% |
| 1996-12-31 | CA$218.00 Million ≈ $157.70 Million |
+21.79% |
| 1995-12-31 | CA$179.00 Million ≈ $129.49 Million |
+21.77% |
| 1994-12-31 | CA$147.00 Million ≈ $106.34 Million |
+50.46% |
| 1993-12-31 | CA$97.70 Million ≈ $70.67 Million |
-- |
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