Comet Industries Ltd
Comet Industries Ltd. holds and manages real estate properties and the properties under development in the British Columbia. It is involved in the business of holding mineral properties. It holds a 40% working interest in five crown granted mineral claims comprising the Iron Mask property located in southwest Kamloops, British Columbia. The company was incorporated in 1966 and is based in Vancouv… Read more
Comet Industries Ltd (CMU) - Total Liabilities
Latest total liabilities as of April 2025: CA$139.00K CAD
Based on the latest financial reports, Comet Industries Ltd (CMU) has total liabilities worth CA$139.00K CAD as of April 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.
Comet Industries Ltd - Total Liabilities Trend (2014–2025)
This chart illustrates how Comet Industries Ltd's total liabilities have evolved over time, based on quarterly financial data. Explore and compare other companies by total liabilities.
Comet Industries Ltd Competitors by Total Liabilities
The table below lists competitors of Comet Industries Ltd ranked by their total liabilities.
| Company | Country | Total Liabilities |
|---|---|---|
|
Sparta Commercial Services Inc
PINK:SRCO
|
USA | $11.92 Million |
|
Huadi International Group Co Ltd
NASDAQ:HUDI
|
USA | $32.59 Million |
|
LDT Inc
KQ:096870
|
Korea | ₩2.45 Billion |
|
Dataworks Group Ltd
AU:DWG
|
Australia | AU$3.46 Million |
|
Cazaly Resources Ltd
AU:CAZ
|
Australia | AU$496.49K |
|
Redsense Medical AB (publ)
OTCGREY:RDSNF
|
USA | $4.23 Million |
|
Pan Asia Footwear Public Company Limited
BK:PAF
|
Thailand | ฿469.08 Million |
Liability Composition Analysis (2014–2025)
This chart breaks down Comet 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.
Liquidity & Leverage Metrics
Key Metrics Explained
| Metric | Value | Description |
|---|---|---|
| Current Ratio | 35.45 | 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 | 0.01 | Measures financial leverage (Total Liabilities ÷ Shareholder Equity) |
| Debt to Assets | 0.01 | 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 Comet Industries Ltd's debt structure has evolved. The comparison includes total liabilities, long-term debt, and current liabilities.
Annual Total Liabilities for Comet Industries Ltd (2014–2025)
The table below shows the annual total liabilities of Comet Industries Ltd from 2014 to 2025.
| Year | Total Liabilities | Change |
|---|---|---|
| 2025-01-31 | CA$234.41K | -81.02% |
| 2024-01-31 | CA$1.23 Million | +39.66% |
| 2023-01-31 | CA$884.20K | -2.80% |
| 2022-01-31 | CA$909.72K | -23.93% |
| 2018-01-31 | CA$1.20 Million | -0.47% |
| 2017-01-31 | CA$1.20 Million | -1.84% |
| 2016-01-31 | CA$1.22 Million | -7.77% |
| 2015-01-31 | CA$1.33 Million | -5.16% |
| 2014-01-31 | CA$1.40 Million | -- |