Toromont Industries Ltd. (TIH) - Total Liabilities

Latest as of June 2025: CA$2.21 Billion CAD ≈ $1.60 Billion USD

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. Explore TIH operating cash flow to assess how effectively this company generates cash.

Toromont Industries Ltd. - Total Liabilities Trend (1993–2024)

This chart illustrates how Toromont Industries Ltd.'s total liabilities have evolved over time, based on quarterly financial data. Check TIH asset resilience ratio to evaluate the company's liquid asset resilience ratio.

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
QXO, Inc. NASDAQ:QXO	USA	$6.82 Billion
Masco Corporation NYSE:MAS	USA	$5.13 Billion
Insurance Australia Group Ltd AU:IAG	Australia	AU$19.83 Billion
ASR Nederland NV AS:ASRNL	Netherlands	€133.53 Billion
Solstice Advanced Materials, Inc NASDAQ:SOLS	USA	$4.30 Billion
Fox Corp Class B NASDAQ:FOX	USA	$10.35 Billion
Sinopac Financial Holdings Co Ltd TW:2890	Taiwan	NT$2.86 Trillion
VERBUND AG VI:VER	Austria	€7.33 Billion

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 full company profile including market capitalisation, see Toromont Industries Ltd. stock valuation.

Liquidity & Leverage Metrics

Key Metrics Explained

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.

TO:TIH Canada Industrial Distribution

Market Cap

$12.80 Billion

CA$17.69 Billion CAD

Market Cap Rank

#1837 Global

#65 in Canada

Share Price

CA$217.38

Change (1 day)

+2.92%

52-Week Range

CA$108.77 - CA$217.38

All Time High

CA$217.38