Comet Industries (TSXV:CMU) Total Liabilities: C$3.24 Mil (As of Jan. 2026)


TSXV:CMU Comet Industries Ltd TSXV:CMU
25 GF Score
Price C$5.99
GF Value C$0.19
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Comet Industries Total Liabilities?

Comet Industries TSXV:CMU 25 Total Liabilities is C$3.24 Mil as of Jan. 2026. GuruFocus rates TSXV:CMU with a GF Score™ of 25/100 and a GF Value™ of C$0.19 (Significantly Overvalued). The stock has 4 warning signs investors should review.

Comet Industries's Total Liabilities for the quarter that ended in Jan. 2026 was C$3.24 Mil.

Comet Industries's quarterly Total Liabilities declined from Jul. 2025 (C$2.35 Mil) to Oct. 2025 (C$1.34 Mil) but then increased from Oct. 2025 (C$1.34 Mil) to Jan. 2026 (C$3.24 Mil).

Comet Industries's annual Total Liabilities declined from Jan. 2024 (C$1.24 Mil) to Jan. 2025 (C$0.23 Mil) but then increased from Jan. 2025 (C$0.23 Mil) to Jan. 2026 (C$3.24 Mil).

Comet Industries Total Liabilities Historical Data

* Premium members only.

The historical data trend for Comet Industries'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.

Comet Industries Total Liabilities Chart

Comet Industries Annual Data
Trend Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25 Jan26
Total Liabilities
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.91 0.88 1.24 0.23 3.24

Comet Industries Quarterly Data
Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26
Total Liabilities Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.23 0.14 2.35 1.34 3.24
TSXV:CMU
25GF Score
Comet Industries Ltd TSXV:CMU
Total Liabilities is just one metric. See GF Score™, valuation, warning signs, and more.
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Comet Industries 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.

Comet Industries's Total Liabilities for the fiscal year that ended in Jan. 2026 is calculated as

Total Liabilities=Total Current Liabilities+Total Noncurrent Liabilities
=Total Current Liabilities+(Long-Term Debt & Capital Lease Obligation+Other Long-Term Liabilities
=3.221+(0.021+0.0009999999999998
+NonCurrent Deferred Liabilities+PensionAndRetirementBenefit+NonCurrent Deferred Income Tax)
+0+0+0)
=3.24

Total Liabilities=Total Assets (A: Jan. 2026 )-Total Equity (A: Jan. 2026 )
=12.479-9.237
=3.24

Comet Industries's Total Liabilities for the quarter that ended in Jan. 2026 is calculated as

Total Liabilities=Total Current Liabilities+Total Noncurrent Liabilities
=Total Current Liabilities+(Long-Term Debt & Capital Lease Obligation+Other Long-Term Liabilities
=3.221+(0.021+0.0009999999999998
+NonCurrent Deferred Liabilities+PensionAndRetirementBenefit+NonCurrent Deferred Income Tax)
+0+0+0)
=3.24

Total Liabilities=Total Assets (Q: Jan. 2026 )-Total Equity (Q: Jan. 2026 )
=12.479-9.237
=3.24

* 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.

Frequently Asked Questions Learn more about Total Liabilities →
What does a Total Liabilities of C$3.24 Mil mean?
Comet Industries (TSXV:CMU) has a Total Liabilities of C$3.24 Mil as of Jan. 2026. The total amount of liabilities as recorded on a company's balance sheet. View historical data for Comet Industries and its competitors.
Is Comet Industries' Total Liabilities too high?
Comet Industries' current Total Liabilities is C$3.24 Mil. Overall, Comet Industries has a GF Score™ of 25/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Comet Industries' Total Liabilities compare to CBRE and BEKE?
Comet Industries' Total Liabilities of C$3.24 Mil can be compared against companies in the Real Estate industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Liabilities for a Real Estate company?
A good Total Liabilities depends on the Real Estate industry context. However, Total Liabilities should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Total Liabilities mean?
A high Total Liabilities can signal that a stock is expensive relative to its fundamentals. The total amount of liabilities as recorded on a company's balance sheet. View historical data for Comet Industries and its competitors. Comet Industries's current Total Liabilities is C$3.24 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Comet Industries stock overvalued right now?
Based on GuruFocus' analysis, Comet Industries (TSXV:CMU) is currently considered Significantly Overvalued. The stock's GF Value™ is C$0.19, compared to a current price of C$5.99 — trading 3052.6% above its estimated fair value. The current Total Liabilities is C$3.24 Mil. Comet Industries' overall GF Score™ is 25/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Liabilities calculated?
Total Liabilities is calculated from a company's financial statements. For Comet Industries (TSXV:CMU), the current Total Liabilities is C$3.24 Mil as of Jan. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Comet Industries (TSXV:CMU) Overvalued in 2026?

Based on GuruFocus' analysis, Comet Industries stock appears to be overvalued. The current stock price of C$5.99 is trading 3052.6% above its estimated GF Value™ of C$0.19. GuruFocus considers Comet Industries to be Significantly Overvalued.

Key valuation signals for TSXV:CMU:

  • Total Liabilities: C$3.24 Mil
  • GF Value™: C$0.19 vs. price of C$5.99 (3052.6% above fair value)
  • GF Score™: 25/100 with 4 warning signs

No single metric tells the full story. See the TSXV:CMU stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Comet Industries Business Description

Address 1177 West Hastings Street, Suite 1710, Vancouver, BC, CAN, V6E 2L3
Comet Industries Ltd is an exploration-stage company. The Company is engaged in the business of developing properties, including Iron Mask, and holding and managing real properties, all in British Columbia. The company owns unimproved land in Kamloops, Terrace, and Pender Harbor, and a rental property in Vancouver, British Columbia, on a freehold basis. The segments of the company include Investment Properties, Exploration, Properties under Development, and General or Administration. The company generates maximum revenue from the Properties under Development segment.
25GF Score

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Total Liabilities is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

C$5.99
Price
C$0.19
GF Value