Toromont Industries Ltd. (TIH) - 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.
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. See working capital position of Toromont Industries Ltd. to evaluate short-term liquidity relative to the company's equity base.
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 |
|---|---|---|
|
Permian Resources Corporation
NYSE:PR
|
USA | $6.05 Billion |
|
SK Innovation
KO:096770
|
Korea | ₩69.10 Trillion |
|
DraftKings Inc
NASDAQ:DKNG
|
USA | $3.70 Billion |
|
Ascendis Pharma AS
F:A71
|
Germany | €1.52 Billion |
|
TransUnion
NYSE:TRU
|
USA | $7.13 Billion |
|
Pinterest Inc
NYSE:PINS
|
USA | $690.44 Million |
|
Posco Chemical Co Ltd
KO:003670
|
Korea | ₩4.63 Trillion |
|
Bajaj Holdings & Investment Limited
NSE:BAJAJHLDNG
|
India | Rs27.69 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 |
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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