Torque Metals (ASX:TOR) Total Liabilities : A$1.74 Mil (As of Dec. 2023)

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What is Torque Metals Total Liabilities?

Torque Metals's Total Liabilities for the quarter that ended in Dec. 2023 was A$1.74 Mil.

Torque Metals's quarterly Total Liabilities increased from Dec. 2022 (A$0.88 Mil) to Jun. 2023 (A$0.98 Mil) and increased from Jun. 2023 (A$0.98 Mil) to Dec. 2023 (A$1.74 Mil).

Torque Metals's annual Total Liabilities declined from Jun. 2021 (A$0.77 Mil) to Jun. 2022 (A$0.36 Mil) but then increased from Jun. 2022 (A$0.36 Mil) to Jun. 2023 (A$0.98 Mil).

Torque Metals Total Liabilities Historical Data

The historical data trend for Torque Metals's Total Liabilities can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Torque Metals Total Liabilities Chart

Torque Metals Annual Data

Trend

Jun21

Jun22

Jun23

Total Liabilities

0.77

0.36

0.98

Torque Metals Semi-Annual Data
	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Total Liabilities	Get a 7-Day Free Trial			0.74	0.36	0.88	0.98	1.74

Torque Metals Total Liabilities Calculation

Total Liabilities are the liabilities that the company has to pay others. It is a part of the balance sheet of a company that shareholders do not own, and would be obligated to pay back if the company liquidated.

Torque Metals's Total Liabilities for the fiscal year that ended in Jun. 2023 is calculated as

Total Liabilities	=	Total Current Liabilities	+	Total Noncurrent Liabilities
	=	Total Current Liabilities	+	(Long-Term Debt & Capital Lease Obligation	+	Other Long-Term Liabilities
	=	0.957	+	(0.019	+	2.168404344971E-17
	+	NonCurrent Deferred Liabilities	+	PensionAndRetirementBenefit)
	+	0	+	0.005)
	=	0.98

Total Liabilities	=	Total Assets (A: Jun. 2023 )	-	Total Equity (A: Jun. 2023 )
	=	11.711	-	10.73
	=	0.98

Torque Metals's Total Liabilities for the quarter that ended in Dec. 2023 is calculated as

Total Liabilities	=	Total Current Liabilities	+	Total Noncurrent Liabilities
	=	Total Current Liabilities	+	(Long-Term Debt & Capital Lease Obligation	+	Other Long-Term Liabilities
	=	1.722	+	(0.008	+	0.0050000000000001
	+	NonCurrent Deferred Liabilities	+	PensionAndRetirementBenefit)
	+	0	+	0)
	=	1.74

Total Liabilities	=	Total Assets (Q: Dec. 2023 )	-	Total Equity (Q: Dec. 2023 )
	=	15.544	-	13.808
	=	1.74

Torque Metals Total Liabilities Related Terms

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Torque Metals (ASX:TOR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Torque Metals Ltd (ASX:TOR) » Definitions » Total Liabilities

Comparable Companies

Traded in Other Exchanges

N/A

Address

16 - 18 Nicholson Road, Unit 8, Subiaco, WA, AUS, 6008

Website

https://www.torquemetals.com

Torque Metals Ltd is a smart exploration company with a discovery methodology, combining drilling results with machine learning algorithms and geological interpretation. The company has three projects namely; New Dawn Lithium Project, Bullfinch Gold Project, and Paris Gold Project. The Company operates in one segment being exploration in Western Australia, Australia.

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