Torq Resources Inc (TORQ) - Total Liabilities
Based on the latest financial reports, Torq Resources Inc (TORQ) has total liabilities worth CA$5.61 Million CAD (≈ $4.06 Million USD) as of September 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.
Torq Resources Inc - Total Liabilities Trend (2000–2024)
This chart illustrates how Torq Resources Inc's total liabilities have evolved over time, based on quarterly financial data. See Torq Resources Inc current assets vs equity to evaluate short-term liquidity relative to the company's equity base.
Torq Resources Inc Competitors by Total Liabilities
The table below lists competitors of Torq Resources Inc ranked by their total liabilities.
| Company | Country | Total Liabilities |
|---|---|---|
|
JPMorgan Global Emerging Markets Investment Trust PLC
LSE:JEMI
|
UK | GBX31.82 Million |
|
JIADE LIMITED Common stock
NASDAQ:JDZG
|
USA | $23.23 Million |
|
Alchemy Resources Ltd
AU:ALY
|
Australia | AU$348.40K |
|
FUTURE METALS NL
F:3R10
|
Germany | €381.80K |
|
Green Rise Capital Corp
V:GRF
|
Canada | CA$48.75 Million |
|
Canstar Resources Inc
V:ROX
|
Canada | CA$885.18K |
|
Chiangmai Rimdoi Public Company Limited
BK:CRD
|
Thailand | ฿487.10 Million |
Liability Composition Analysis (2000–2024)
This chart breaks down Torq Resources 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 Torq Resources Inc (TORQ) total market value.
Liquidity & Leverage Metrics
Key Metrics Explained
| Metric | Value | Description |
|---|---|---|
| Current Ratio | 0.03 | 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 | -0.47 | Measures financial leverage (Total Liabilities ÷ Shareholder Equity) |
| Debt to Assets | 3.08 | 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 Torq Resources Inc's debt structure has evolved. The comparison includes total liabilities, long-term debt, and current liabilities.
Annual Total Liabilities for Torq Resources Inc (2000–2024)
The table below shows the annual total liabilities of Torq Resources Inc from 2000 to 2024.
| Year | Total Liabilities | Change |
|---|---|---|
| 2024-12-31 | CA$8.06 Million ≈ $5.83 Million |
+154.27% |
| 2023-12-31 | CA$3.17 Million ≈ $2.29 Million |
-12.10% |
| 2022-12-31 | CA$3.60 Million ≈ $2.61 Million |
+432.75% |
| 2021-12-31 | CA$676.54K ≈ $489.40K |
+233.41% |
| 2020-12-31 | CA$202.92K ≈ $146.79K |
-7.45% |
| 2019-12-31 | CA$219.26K ≈ $158.61K |
-26.31% |
| 2018-12-31 | CA$297.55K ≈ $215.24K |
-15.65% |
| 2017-12-31 | CA$352.77K ≈ $255.19K |
-58.60% |
| 2016-12-31 | CA$852.14K ≈ $616.43K |
+33.57% |
| 2015-12-31 | CA$637.96K ≈ $461.49K |
-0.56% |
| 2014-12-31 | CA$641.54K ≈ $464.08K |
-2.46% |
| 2013-12-31 | CA$657.73K ≈ $475.79K |
-29.20% |
| 2012-12-31 | CA$929.00K ≈ $672.03K |
-7.36% |
| 2011-12-31 | CA$1.00 Million ≈ $725.39K |
+7463.48% |
| 2010-12-31 | CA$13.26K ≈ $9.59K |
-55.88% |
| 2009-12-31 | CA$30.05K ≈ $21.74K |
+33.93% |
| 2008-12-31 | CA$22.44K ≈ $16.23K |
-92.48% |
| 2007-12-31 | CA$298.49K ≈ $215.92K |
+127.23% |
| 2006-12-31 | CA$131.36K ≈ $95.02K |
+8.01% |
| 2005-12-31 | CA$121.62K ≈ $87.98K |
+87.51% |
| 2004-12-31 | CA$64.86K ≈ $46.92K |
+2.25% |
| 2003-12-31 | CA$63.43K ≈ $45.88K |
+31.65% |
| 2002-12-31 | CA$48.18K ≈ $34.85K |
+26.45% |
| 2001-12-31 | CA$38.10K ≈ $27.56K |
-1.40% |
| 2000-12-31 | CA$38.64K ≈ $27.95K |
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About Torq Resources Inc
Torq Resources Inc., a junior exploration company, engages in the acquisition and exploration of mineral properties in the Americas. It has an option to acquire 100% interests in the Margarita iron-oxide-copper-gold project covering an area of approximately 1,445 hectares located in the city of Copiapo, Chile; and Santa Cecilia gold-copper project, which covers an area of 3,250-hectares located i… Read more