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. Also explore how fast is Teras Resources Inc growing its equity to track the company's year-over-year net asset growth rate.

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 TRA FCF generation index to measure how efficiently the company converts operating cash flow to free cash.

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
Aker Horizons AS OL:AKH	Norway	Nkr21.20 Billion
Geneuro SA PA:GNRO	France	€20.14 Million
Robert Walters LSE:RWA	UK	GBX193.30 Million
C3is Inc. NASDAQ:CISS	USA	$3.39 Million
Acutus Medical Inc NASDAQ:AFIB	USA	$40.24 Million
Sab Events & Governance Now Media Limited NSE:SABEVENTS	India	Rs32.97 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 market cap of Teras Resources Inc.

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

#30641 Global

#1594 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