Therma Bright Inc (THRM) - Total Liabilities
Based on the latest financial reports, Therma Bright Inc (THRM) has total liabilities worth CA$1.92 Million CAD (≈ $1.39 Million USD) as of October 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.
Therma Bright Inc - Total Liabilities Trend (2001–2025)
This chart illustrates how Therma Bright Inc's total liabilities have evolved over time, based on quarterly financial data. See THRM net working capital ratio to evaluate short-term liquidity relative to the company's equity base.
Therma Bright Inc Competitors by Total Liabilities
The table below lists competitors of Therma Bright Inc ranked by their total liabilities.
| Company | Country | Total Liabilities |
|---|---|---|
|
Warpaint London PLC
LSE:W7L
|
UK | GBX17.83 Million |
|
Brown Advisory US Smaller Companies PLC
LSE:BASC
|
UK | GBX1.55 Million |
|
DevvStream Corp. Common Stock
NASDAQ:DEVS
|
USA | $26.61 Million |
|
British Smaller Companies Vct 2 Plc
LSE:BSC
|
UK | GBX515.00K |
|
Namsun Aluminium Co Ltd
KO:008355
|
Korea | ₩144.33 Billion |
|
Gujarat Lease Financing Limited
NSE:GLFL
|
India | Rs104.39 Million |
|
M N C Wireless Bhd
KLSE:0103
|
Malaysia | RM8.80 Million |
Liability Composition Analysis (2001–2025)
This chart breaks down Therma Bright 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. For the full company profile including market capitalisation, see Therma Bright Inc (THRM) market capitalisation.
Liquidity & Leverage Metrics
Key Metrics Explained
| Metric | Value | Description |
|---|---|---|
| Current Ratio | 0.19 | 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 | -1.27 | Measures financial leverage (Total Liabilities ÷ Shareholder Equity) |
| Debt to Assets | 4.73 | 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 Therma Bright Inc's debt structure has evolved. The comparison includes total liabilities, long-term debt, and current liabilities.
Annual Total Liabilities for Therma Bright Inc (2001–2025)
The table below shows the annual total liabilities of Therma Bright Inc from 2001 to 2025.
| Year | Total Liabilities | Change |
|---|---|---|
| 2025-07-31 | CA$1.81 Million ≈ $1.31 Million |
-2.75% |
| 2024-07-31 | CA$1.87 Million ≈ $1.35 Million |
-13.82% |
| 2023-07-31 | CA$2.16 Million ≈ $1.57 Million |
+72.68% |
| 2022-07-31 | CA$1.25 Million ≈ $906.84K |
+35.22% |
| 2021-07-31 | CA$927.12K ≈ $670.66K |
+0.30% |
| 2020-07-31 | CA$924.32K ≈ $668.64K |
+150.14% |
| 2019-07-31 | CA$369.52K ≈ $267.30K |
-10.49% |
| 2018-07-31 | CA$412.83K ≈ $298.64K |
-60.48% |
| 2017-07-31 | CA$1.04 Million ≈ $755.75K |
-35.77% |
| 2016-07-31 | CA$1.63 Million ≈ $1.18 Million |
+14.49% |
| 2015-07-31 | CA$1.42 Million ≈ $1.03 Million |
-74.48% |
| 2014-07-31 | CA$5.57 Million ≈ $4.03 Million |
-1.79% |
| 2013-07-31 | CA$5.67 Million ≈ $4.10 Million |
-14.28% |
| 2012-07-31 | CA$6.61 Million ≈ $4.78 Million |
+13.30% |
| 2011-07-31 | CA$5.84 Million ≈ $4.22 Million |
+16.11% |
| 2009-07-31 | CA$5.03 Million ≈ $3.64 Million |
+36.54% |
| 2008-07-31 | CA$3.68 Million ≈ $2.66 Million |
+31.69% |
| 2007-07-31 | CA$2.80 Million ≈ $2.02 Million |
+14.52% |
| 2006-07-31 | CA$2.44 Million ≈ $1.77 Million |
+59.61% |
| 2005-07-31 | CA$1.53 Million ≈ $1.11 Million |
+138.01% |
| 2004-07-31 | CA$642.55K ≈ $464.81K |
+819.46% |
| 2002-07-31 | CA$69.88K ≈ $50.55K |
+736.83% |
| 2001-07-31 | CA$8.35K ≈ $6.04K |
-- |
About Therma Bright Inc
Therma Bright Inc. acquires, develops, manufactures, and markets proprietary healthcare and medical devices focused on respiratory diseases, vascular health, and consumer medical devices for consumer and institutional marketplace. Its products include AcuVid, an antigen and antibody rapid screening test for COVID-19; InterceptCS, a cold sore prevention system, which provides controlled topical he… Read more