TRBMF (Torq Resources) Total Equity : $-1.24 Mil (As of Sep. 2024)

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What is Torq Resources Total Equity?

Torq Resources's total equity for the quarter that ended in Sep. 2024 was $-1.24 Mil.

This is Residual interest, including minority interest, that remains in the assets of the enterprise after deducting its liabilities. Equity is increased by owners’ investments and by comprehensive income, and it is reduced by distributions to the owners.

Torq Resources Total Equity Historical Data

The historical data trend for Torq Resources's Total Equity 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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Torq Resources Total Equity Chart

Torq Resources Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Equity

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8.23

6.94

2.59

8.83

0.77

Torq Resources Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Total Equity	Get a 7-Day Free Trial															2.72	0.77	0.99	-0.47	-1.24

Torq Resources Total Equity Calculation

Total Equity and Total Liabilities are the two components for Total Assets.

Torq Resources's Total Equity for the fiscal year that ended in Dec. 2023 is calculated as

Total Equity	=	Total Assets(Q: Dec. 2023 )	-	Total Liabilities(Q: Dec. 2023 )
	=	3.135	-	2.361
	=	0.77

Torq Resources's Total Equity for the quarter that ended in Sep. 2024 is calculated as

Total Equity	=	Total Assets(Q: Sep. 2024 )	-	Total Liabilities(Q: Sep. 2024 )
	=	2.531	-	3.772
	=	-1.24

Torq Resources Total Equity Related Terms

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Torq Resources Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Torq Resources Inc (OTCPK:TRBMF) » Definitions » Total Equity

Comparable Companies

Traded in Other Exchanges

S8QN:Germany S8QN:Germany TORQ:Canada

Address

1177 West Hastings Street, Suite 1630, Vancouver, BC, CAN, V6E 2K3

Website

https://www.torqresources.com

Torq Resources Inc is engaged in the acquisition and exploration of mineral property interests with a focus on the Americas, particularly Chile. Its projects include the Santa Cecilia gold-copper project, the Margarita iron-oxide copper-gold project, and the Andrea copper porphyry project.