Teras Resources Inc (TRA) - Total Liabilities
Based on the latest financial reports, Teras Resources Inc (TRA) has total liabilities worth CA$932.72K CAD as of February 2023. 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.
Teras Resources Inc - Total Liabilities Trend (2011–2022)
This chart illustrates how Teras Resources Inc's total liabilities have evolved over time, based on quarterly financial data. Explore and compare other companies by total liabilities.
Teras Resources Inc Competitors by Total Liabilities
The table below lists competitors of Teras Resources Inc ranked by their total liabilities.
| Company | Country | Total Liabilities |
|---|---|---|
|
Journeo PLC
LSE:JNEO
|
UK | GBX30.44 Million |
|
Lake Winn Resources Corp
V:LWR
|
Canada | CA$1.71 Million |
|
Antelope Enterprise Holdings Ltd
NASDAQ:AEHL
|
USA | $72.73 Million |
|
Geneuro SA
PA:GNRO
|
France | €20.14 Million |
|
Helix Exploration PLC
LSE:HEX
|
UK | GBX102.00K |
|
Bessor Minerals Inc
V:BST
|
Canada | CA$95.89K |
|
Acutus Medical Inc
NASDAQ:AFIB
|
USA | $40.24 Million |
|
Ampli SA w upadlosci ukladowej
WAR:APL
|
Poland | zł2.19 Million |
Liability Composition Analysis (2011–2022)
This chart breaks down Teras 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.
Liquidity & Leverage Metrics
Key Metrics Explained
| Metric | Value | Description |
|---|---|---|
| Current Ratio | 0.29 | 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 | -1.58 | Measures financial leverage (Total Liabilities ÷ Shareholder Equity) |
| Debt to Assets | 2.71 | 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 Teras Resources Inc's debt structure has evolved. The comparison includes total liabilities, long-term debt, and current liabilities.
Annual Total Liabilities for Teras Resources Inc (2011–2022)
The table below shows the annual total liabilities of Teras Resources Inc from 2011 to 2022.
| Year | Total Liabilities | Change |
|---|---|---|
| 2022-05-31 | CA$798.12K | -20.20% |
| 2021-05-31 | CA$1.00 Million | +13.95% |
| 2020-05-31 | CA$877.73K | +207.65% |
| 2019-05-31 | CA$285.30K | +57.24% |
| 2018-05-31 | CA$181.45K | -9.39% |
| 2017-05-31 | CA$200.25K | -11.08% |
| 2016-05-31 | CA$225.20K | -63.46% |
| 2015-05-31 | CA$616.35K | -47.72% |
| 2014-05-31 | CA$1.18 Million | -3.16% |
| 2013-05-31 | CA$1.22 Million | +69.59% |
| 2012-05-31 | CA$717.87K | -2.99% |
| 2011-05-31 | CA$740.01K | -- |
About Teras Resources Inc
Teras Resources Inc. engages in the acquisition, exploration, and development of mineral resource properties in Montana, Nevada, and Cahuilla in California. The company explores for gold and silver metals. Its flagship property is the Cahuilla project located in Imperial County, California. The company was formerly known as Profile Resources Inc. and changed its name to Teras Resources Inc. in Se… Read more