Teras Resources Inc (TRA) - Total Liabilities

Latest as of February 2023: CA$932.72K CAD ≈ $674.72K USD

Based on the latest financial reports, Teras Resources Inc (TRA) has total liabilities worth CA$932.72K CAD (≈ $674.72K USD) 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. See working capital position of Teras Resources Inc to evaluate short-term liquidity relative to the company's equity base.

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
Ondine Biomedical Inc LSE:OBI	UK	GBX5.95 Million
Journeo PLC LSE:JNEO	UK	GBX30.44 Million
Troubadour Resources Inc V:TR	Canada	CA$325.75K
Geneuro SA PA:GNRO	France	€20.14 Million
BEACN Wizardry & Magic Inc V:BECN	Canada	CA$1.75 Million
Acutus Medical Inc NASDAQ:AFIB	USA	$40.24 Million
New Energy Metals Corp V:ENRG	Canada	CA$291.23K
Migo Opportunities Trust PLC LSE:MIGO	UK	GBX11.69 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. For the full company profile including market capitalisation, see Teras Resources Inc market capitalisation.

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 ≈ $577.35K	-20.20%
2021-05-31	CA$1.00 Million ≈ $723.53K	+13.95%
2020-05-31	CA$877.73K ≈ $634.94K	+207.65%
2019-05-31	CA$285.30K ≈ $206.38K	+57.24%
2018-05-31	CA$181.45K ≈ $131.26K	-9.39%
2017-05-31	CA$200.25K ≈ $144.86K	-11.08%
2016-05-31	CA$225.20K ≈ $162.90K	-63.46%
2015-05-31	CA$616.35K ≈ $445.86K	-47.72%
2014-05-31	CA$1.18 Million ≈ $852.85K	-3.16%
2013-05-31	CA$1.22 Million ≈ $880.69K	+69.59%
2012-05-31	CA$717.87K ≈ $519.30K	-2.99%
2011-05-31	CA$740.01K ≈ $535.31K	--

About Teras Resources Inc

V:TRA Canada Gold

Market Cap

$908.19K

CA$1.26 Million CAD

Market Cap Rank

#30468 Global

#1601 in Canada

Share Price

CA$0.01

Change (1 day)

+0.00%

52-Week Range

CA$0.01 - CA$0.01

All Time High

CA$0.18