Torchlight Innovations Inc.
Torchlight Innovations Inc. designs and develops a non-toxic, water-based solution for gold extraction. The company is headquartered in Vancouver, Canada.
Torchlight Innovations Inc. (TLX-P) - Total Liabilities
Latest total liabilities as of June 2025: CA$15.55K CAD
Based on the latest financial reports, Torchlight Innovations Inc. (TLX-P) has total liabilities worth CA$15.55K CAD 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.
Torchlight Innovations Inc. - Total Liabilities Trend (2021–2024)
This chart illustrates how Torchlight Innovations Inc.'s total liabilities have evolved over time, based on quarterly financial data. Explore and compare other companies by total liabilities.
Torchlight Innovations Inc. Competitors by Total Liabilities
The table below lists competitors of Torchlight Innovations Inc. ranked by their total liabilities.
| Company | Country | Total Liabilities |
|---|---|---|
|
Oriental Rise Holdings Limited Ordinary Shares
NASDAQ:ORIS
|
USA | $2.15 Million |
|
GAMCO Natural Resources Gold and Income Closed Fund
NYSE:GNT
|
USA | $36.31 Million |
|
ODENZA CORP
NYSE:ODZA
|
USA | $42.11K |
|
FutureTech II Acquisition Corp. Warrant
NASDAQ:FTIIW
|
USA | $10.38 Million |
|
Nynomic AG
F:M7U
|
Germany | €32.87 Million |
|
Pacific Alliance Bank
PINK:PFBN
|
USA | $341.34 Million |
Liability Composition Analysis (2021–2024)
This chart breaks down Torchlight Innovations 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.
Liquidity & Leverage Metrics
Key Metrics Explained
| Metric | Value | Description |
|---|---|---|
| Current Ratio | 3.49 | 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 | 0.40 | Measures financial leverage (Total Liabilities ÷ Shareholder Equity) |
| Debt to Assets | 0.29 | 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 Torchlight Innovations Inc.'s debt structure has evolved. The comparison includes total liabilities, long-term debt, and current liabilities.
Annual Total Liabilities for Torchlight Innovations Inc. (2021–2024)
The table below shows the annual total liabilities of Torchlight Innovations Inc. from 2021 to 2024.
| Year | Total Liabilities | Change |
|---|---|---|
| 2024-12-31 | CA$9.50K | -8.76% |
| 2023-12-31 | CA$10.41K | -62.13% |
| 2022-12-31 | CA$27.49K | +47.25% |
| 2021-12-31 | CA$18.67K | -- |