Thor Explorations Ltd. (THX) - Total Liabilities
Based on the latest financial reports, Thor Explorations Ltd. (THX) has total liabilities worth CA$29.22 Million CAD (≈ $21.14 Million USD) as of March 2026. 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. Also explore THX net asset momentum to track the company's year-over-year net asset growth rate.
Thor Explorations Ltd. - Total Liabilities Trend (2001–2025)
This chart illustrates how Thor Explorations Ltd.'s total liabilities have evolved over time, based on quarterly financial data. See THX cash flow after capex ratio to measure how efficiently the company converts operating cash flow to free cash.
Thor Explorations Ltd. Competitors by Total Liabilities
The table below lists competitors of Thor Explorations Ltd. ranked by their total liabilities.
| Company | Country | Total Liabilities |
|---|---|---|
|
Tatwah Smartech Co Ltd
SHE:002512
|
China | CN¥1.89 Billion |
|
DEE Development Eng Ltd
NSE:DEEDEV
|
India | Rs10.33 Billion |
|
Hartadinata Abadi Tbk PT
JK:HRTA
|
Indonesia | Rp10.10 Trillion |
|
Hangzhou Dadi Haiyang Environmental Protection Co. Ltd.
SHE:301068
|
China | CN¥496.16 Million |
|
Matas A/S
CO:MATAS
|
Denmark | Dkr5.90 Billion |
|
Chin-Poon Industrial Co Ltd
TW:2355
|
Taiwan | NT$6.90 Billion |
|
Shanghai Kelai Mechatronics
SHG:603960
|
China | CN¥123.23 Million |
Liability Composition Analysis (2001–2025)
This chart breaks down Thor Explorations 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 Thor Explorations Ltd. market capitalisation.
Liquidity & Leverage Metrics
Key Metrics Explained
| Metric | Value | Description |
|---|---|---|
| Current Ratio | 9.15 | 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 | 0.07 | Measures financial leverage (Total Liabilities ÷ Shareholder Equity) |
| Debt to Assets | 0.07 | 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 Thor Explorations Ltd.'s debt structure has evolved. The comparison includes total liabilities, long-term debt, and current liabilities.
Annual Total Liabilities for Thor Explorations Ltd. (2001–2025)
The table below shows the annual total liabilities of Thor Explorations Ltd. from 2001 to 2025.
| Year | Total Liabilities | Change |
|---|---|---|
| 2025-12-31 | CA$27.07 Million ≈ $19.59 Million |
-65.21% |
| 2024-12-31 | CA$77.82 Million ≈ $56.29 Million |
-59.83% |
| 2023-12-31 | CA$193.73 Million ≈ $140.14 Million |
+41.96% |
| 2022-12-31 | CA$136.47 Million ≈ $98.72 Million |
-27.43% |
| 2021-12-31 | CA$188.05 Million ≈ $136.03 Million |
+195.72% |
| 2020-12-31 | CA$63.59 Million ≈ $46.00 Million |
+5530.27% |
| 2019-12-31 | CA$1.13 Million ≈ $817.02K |
-52.96% |
| 2018-12-31 | CA$2.40 Million ≈ $1.74 Million |
-18.61% |
| 2017-12-31 | CA$2.95 Million ≈ $2.13 Million |
+20.26% |
| 2016-12-31 | CA$2.45 Million ≈ $1.77 Million |
+246.93% |
| 2015-12-31 | CA$706.99K ≈ $511.43K |
+32.46% |
| 2014-12-31 | CA$533.72K ≈ $386.09K |
+16.93% |
| 2013-12-31 | CA$456.44K ≈ $330.19K |
-11.22% |
| 2012-12-31 | CA$514.12K ≈ $371.90K |
+28.46% |
| 2011-12-31 | CA$400.20K ≈ $289.50K |
+2582.14% |
| 2010-12-31 | CA$14.92K ≈ $10.79K |
-56.90% |
| 2009-12-31 | CA$34.62K ≈ $25.04K |
+54.23% |
| 2008-12-31 | CA$22.45K ≈ $16.24K |
+46.43% |
| 2007-12-31 | CA$15.33K ≈ $11.09K |
+16.34% |
| 2006-12-31 | CA$13.18K ≈ $9.53K |
-63.58% |
| 2005-12-31 | CA$36.17K ≈ $26.17K |
+82.68% |
| 2004-12-31 | CA$19.80K ≈ $14.32K |
-69.10% |
| 2003-12-31 | CA$64.08K ≈ $46.36K |
+195.22% |
| 2002-12-31 | CA$21.71K ≈ $15.70K |
-56.29% |
| 2001-12-31 | CA$49.66K ≈ $35.93K |
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About Thor Explorations Ltd.
Thor Explorations Ltd., together with its subsidiaries, engages in the production, development, and exploration of gold. The company also explores for silver and lithium deposits. Its flagship property is the Segilola Gold Project in Nigeria. Thor Explorations Ltd. was incorporated in 1968 and is based in Vancouver, Canada.