Comet Industries (TSXV:CMU) Total Liabilities : C$0.02 Mil (As of Oct. 2024)

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What is Comet Industries Total Liabilities?

Comet Industries's Total Liabilities for the quarter that ended in Oct. 2024 was C$0.02 Mil.

Comet Industries's quarterly Total Liabilities declined from Jan. 2024 (C$1.24 Mil) to Jul. 2024 (C$0.54 Mil) and declined from Jul. 2024 (C$0.54 Mil) to Oct. 2024 (C$0.02 Mil).

Comet Industries's annual Total Liabilities declined from Jan. 2022 (C$0.91 Mil) to Jan. 2023 (C$0.88 Mil) but then increased from Jan. 2023 (C$0.88 Mil) to Jan. 2024 (C$1.24 Mil).

Comet Industries Total Liabilities Historical Data

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.

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Comet Industries Total Liabilities Chart

Comet Industries Annual Data

Trend

Jan15

Jan16

Jan17

Jan18

Jan19

Jan20

Jan21

Jan22

Jan23

Jan24

Total Liabilities

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1.09

1.01

0.91

0.88

1.24

Comet Industries Quarterly Data
	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Jul24	Oct24
Total Liabilities	Get a 7-Day Free Trial															0.78	0.09	1.24	0.54	0.02

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. 2024 is calculated as

Total Liabilities	=	Total Current Liabilities	+	Total Noncurrent Liabilities
	=	Total Current Liabilities	+	(Long-Term Debt & Capital Lease Obligation	+	Other Long-Term Liabilities
	=	1.235	+	(0	+	0
	+	NonCurrent Deferred Liabilities	+	PensionAndRetirementBenefit	+	NonCurrent Deferred Income Tax)
	+	0	+	0	+	0)
	=	1.24

Total Liabilities	=	Total Assets (A: Jan. 2024 )	-	Total Equity (A: Jan. 2024 )
	=	11.267	-	10.032
	=	1.24

Comet Industries's Total Liabilities for the quarter that ended in Oct. 2024 is calculated as

Total Liabilities	=	Total Current Liabilities	+	Total Noncurrent Liabilities
	=	Total Current Liabilities	+	(Long-Term Debt & Capital Lease Obligation	+	Other Long-Term Liabilities
	=	0.022	+	(0	+	0
	+	NonCurrent Deferred Liabilities	+	PensionAndRetirementBenefit	+	NonCurrent Deferred Income Tax)
	+	0	+	0	+	0)
	=	0.02

Total Liabilities	=	Total Assets (Q: Oct. 2024 )	-	Total Equity (Q: Oct. 2024 )
	=	9.851	-	9.829
	=	0.02

Comet Industries Total Liabilities Related Terms

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Comet Industries Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Comet Industries Ltd (TSXV:CMU) » Definitions » Total Liabilities

Comparable Companies

Traded in Other Exchanges

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Address

1177 West Hastings Street, Suite 1610, Vancouver, BC, CAN, V6E 2K3

Website

Comet Industries Ltd is an exploration-stage company. Principally, it is engaged in the business of acquiring and holding mineral properties and holding and managing real properties, 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. Its segment includes Rental, Exploration, and General or administration. The company generates maximum revenue from the Rental segment. It owns an interest in the Big Onion zone on the Iron Mask property, which consists of approximately five crown-granted mineral claims.

Executives