Torque Historical Balance Sheet

TOR Stock

0.05 0 1.96%

Trend analysis of Torque Metals balance sheet accounts such as Total Stockholder Equity of 24.3 M, Net Tangible Assets of 13 M, Property Plant And Equipment Net of 24.7 M or Current Deferred Revenue of 701.5 K provides information on Torque Metals' total assets, liabilities, and equity, which is the actual value of Torque Metals to its prevalent stockholders. By breaking down trends over time using Torque Metals balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.

Cash Flow Balance Sheet Income Statement

Covid

Financial Statement Analysis is much more than just reviewing and examining Torque Metals latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Torque Metals is a good buy for the upcoming year.

Torque Metals Inventory

(49,733.64)

Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Torque Metals. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

About Torque Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Torque Metals at a specified time, usually calculated after every quarter, six months, or one year. Torque Metals Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Torque Metals and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Torque currently owns. An asset can also be divided into two categories, current and non-current.

Torque Metals Balance Sheet Chart

At this time, Torque Metals' Non Current Assets Total are comparatively stable compared to the past year. Non Currrent Assets Other is likely to gain to about 23.9 M in 2025, despite the fact that Retained Earnings are likely to grow to (9 M).

Total Assets Short Long Term Debt Total Other Current Liab Total Current Liabilities

Total Assets

Total assets refers to the total amount of Torque Metals assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Torque Metals books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Total Current Liabilities

Total Current Liabilities is an item on Torque Metals balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Torque Metals are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Most accounts from Torque Metals' balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Torque Metals current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Torque Metals. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

	2022	2023	2024	2025 (projected)
Short and Long Term Debt Total	40.9K	19.1K	17.2K	16.3K
Total Assets	11.7M	22.8M	26.2M	27.5M

Short Long Term Debt Total Total Assets

Torque Metals balance sheet Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Tangible Assets	Property Plant And Equipment Net	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Inventory	Other Current Assets	Total Liab	Total Current Assets	Cash And Equivalents	Short Term Debt	Common Stock	Property Plant Equipment
Total Assets		-0.97	0.94	0.97	1.0	0.94	0.96	0.95	-0.6	-0.97	0.98	0.63	0.99	0.94	-0.74	0.63	0.7	0.81	-0.71	0.31	0.97	0.64	0.84	-0.85	1.0	0.96
Short Long Term Debt Total	-0.97		-0.88	-0.9	-0.97	-0.97	-0.86	-0.93	0.7	0.97	-0.92	-0.72	-0.94	-0.85	0.62	-0.72	-0.63	-0.78	0.68	-0.43	-0.91	-0.74	-0.9	0.93	-0.97	-0.97
Other Current Liab	0.94	-0.88		0.98	0.93	0.77	0.97	0.86	-0.42	-0.87	0.98	0.45	0.96	0.87	-0.79	0.45	0.6	0.83	-0.57	0.11	0.98	0.44	0.68	-0.69	0.93	0.81
Total Current Liabilities	0.97	-0.9	0.98		0.97	0.83	0.97	0.92	-0.46	-0.93	1.0	0.48	0.99	0.94	-0.78	0.48	0.68	0.85	-0.68	0.23	1.0	0.49	0.72	-0.73	0.97	0.88
Total Stockholder Equity	1.0	-0.97	0.93	0.97		0.94	0.95	0.94	-0.62	-0.97	0.97	0.64	0.99	0.94	-0.73	0.64	0.7	0.8	-0.71	0.32	0.97	0.66	0.85	-0.86	1.0	0.96
Net Tangible Assets	0.94	-0.97	0.77	0.83	0.94		0.8	0.91	-0.79	-0.94	0.85	0.8	0.89	0.86	-0.59	0.8	0.68	0.68	-0.74	0.49	0.84	0.83	0.95	-0.96	0.94	0.98
Property Plant And Equipment Net	0.96	-0.86	0.97	0.97	0.95	0.8		0.84	-0.46	-0.89	0.96	0.48	0.97	0.92	-0.78	0.48	0.65	0.8	-0.6	0.05	0.97	0.47	0.69	-0.69	0.95	0.84
Current Deferred Revenue	0.95	-0.93	0.86	0.92	0.94	0.91	0.84		-0.52	-0.96	0.93	0.54	0.94	0.9	-0.67	0.54	0.75	0.81	-0.83	0.57	0.92	0.58	0.78	-0.8	0.95	0.96
Net Debt	-0.6	0.7	-0.42	-0.46	-0.62	-0.79	-0.46	-0.52		0.59	-0.47	-1.0	-0.5	-0.54	0.23	-1.0	-0.48	-0.3	0.51	-0.26	-0.46	-0.99	-0.93	0.91	-0.61	-0.66
Retained Earnings	-0.97	0.97	-0.87	-0.93	-0.97	-0.94	-0.89	-0.96	0.59		-0.94	-0.61	-0.96	-0.92	0.6	-0.61	-0.72	-0.84	0.76	-0.44	-0.93	-0.64	-0.82	0.85	-0.98	-0.98
Accounts Payable	0.98	-0.92	0.98	1.0	0.97	0.85	0.96	0.93	-0.47	-0.94		0.5	0.99	0.94	-0.78	0.5	0.69	0.85	-0.69	0.27	1.0	0.51	0.74	-0.75	0.97	0.89
Cash	0.63	-0.72	0.45	0.48	0.64	0.8	0.48	0.54	-1.0	-0.61	0.5		0.52	0.56	-0.24	1.0	0.51	0.35	-0.52	0.25	0.49	0.99	0.94	-0.92	0.63	0.68
Non Current Assets Total	0.99	-0.94	0.96	0.99	0.99	0.89	0.97	0.94	-0.5	-0.96	0.99	0.52		0.94	-0.77	0.52	0.68	0.84	-0.69	0.29	0.99	0.54	0.76	-0.77	0.99	0.93
Non Currrent Assets Other	0.94	-0.85	0.87	0.94	0.94	0.86	0.92	0.9	-0.54	-0.92	0.94	0.56	0.94		-0.71	0.56	0.79	0.76	-0.79	0.26	0.94	0.57	0.76	-0.74	0.94	0.9
Other Assets	-0.74	0.62	-0.79	-0.78	-0.73	-0.59	-0.78	-0.67	0.23	0.6	-0.78	-0.24	-0.77	-0.71		-0.24	-0.35	-0.42	0.39	-0.1	-0.78	-0.25	-0.48	0.46	-0.73	-0.64
Cash And Short Term Investments	0.63	-0.72	0.45	0.48	0.64	0.8	0.48	0.54	-1.0	-0.61	0.5	1.0	0.52	0.56	-0.24		0.51	0.35	-0.52	0.25	0.49	0.99	0.94	-0.92	0.63	0.68
Net Receivables	0.7	-0.63	0.6	0.68	0.7	0.68	0.65	0.75	-0.48	-0.72	0.69	0.51	0.68	0.79	-0.35	0.51		0.69	-0.95	0.3	0.69	0.53	0.62	-0.6	0.7	0.69
Common Stock Shares Outstanding	0.81	-0.78	0.83	0.85	0.8	0.68	0.8	0.81	-0.3	-0.84	0.85	0.35	0.84	0.76	-0.42	0.35	0.69		-0.6	0.25	0.85	0.37	0.55	-0.59	0.81	0.74
Inventory	-0.71	0.68	-0.57	-0.68	-0.71	-0.74	-0.6	-0.83	0.51	0.76	-0.69	-0.52	-0.69	-0.79	0.39	-0.52	-0.95	-0.6		-0.54	-0.68	-0.56	-0.67	0.65	-0.72	-0.76
Other Current Assets	0.31	-0.43	0.11	0.23	0.32	0.49	0.05	0.57	-0.26	-0.44	0.27	0.25	0.29	0.26	-0.1	0.25	0.3	0.25	-0.54		0.24	0.35	0.4	-0.43	0.34	0.52
Total Liab	0.97	-0.91	0.98	1.0	0.97	0.84	0.97	0.92	-0.46	-0.93	1.0	0.49	0.99	0.94	-0.78	0.49	0.69	0.85	-0.68	0.24		0.49	0.72	-0.73	0.97	0.88
Total Current Assets	0.64	-0.74	0.44	0.49	0.66	0.83	0.47	0.58	-0.99	-0.64	0.51	0.99	0.54	0.57	-0.25	0.99	0.53	0.37	-0.56	0.35	0.49		0.95	-0.94	0.65	0.71
Cash And Equivalents	0.84	-0.9	0.68	0.72	0.85	0.95	0.69	0.78	-0.93	-0.82	0.74	0.94	0.76	0.76	-0.48	0.94	0.62	0.55	-0.67	0.4	0.72	0.95		-0.99	0.84	0.87
Short Term Debt	-0.85	0.93	-0.69	-0.73	-0.86	-0.96	-0.69	-0.8	0.91	0.85	-0.75	-0.92	-0.77	-0.74	0.46	-0.92	-0.6	-0.59	0.65	-0.43	-0.73	-0.94	-0.99		-0.85	-0.89
Common Stock	1.0	-0.97	0.93	0.97	1.0	0.94	0.95	0.95	-0.61	-0.98	0.97	0.63	0.99	0.94	-0.73	0.63	0.7	0.81	-0.72	0.34	0.97	0.65	0.84	-0.85		0.97
Property Plant Equipment	0.96	-0.97	0.81	0.88	0.96	0.98	0.84	0.96	-0.66	-0.98	0.89	0.68	0.93	0.9	-0.64	0.68	0.69	0.74	-0.76	0.52	0.88	0.71	0.87	-0.89	0.97

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Torque Metals Account Relationship Matchups

Torque Metals balance sheet Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	8.8M	10.3M	11.7M	22.8M	26.2M	27.5M
Other Current Liab	214.9K	76.4K	146.9K	674.9K	776.1K	814.9K
Total Current Liabilities	769.9K	329.9K	956.9K	2.7M	3.1M	3.2M
Total Stockholder Equity	8.0M	9.9M	10.7M	20.1M	23.1M	24.3M
Net Tangible Assets	709.2K	8.0M	9.9M	10.7M	12.3M	13.0M
Property Plant And Equipment Net	3.7M	6.8M	139.6K	20.5M	23.5M	24.7M
Net Debt	(5.1M)	(3.4M)	(2.0M)	(2.2M)	(2.0M)	(2.1M)
Retained Earnings	(2.5M)	(4.6M)	(6.7M)	(10.6M)	(9.5M)	(9.0M)
Accounts Payable	555K	226.5K	788.3K	2.0M	2.3M	2.4M
Cash	5.1M	3.4M	2.1M	2.3M	2.6M	2.1M
Non Current Assets Total	3.7M	6.8M	8.9M	20.5M	23.5M	24.7M
Cash And Short Term Investments	5.1M	3.4M	2.1M	2.3M	2.6M	2.1M
Net Receivables	37.1K	21.9K	33.1K	58.2K	66.9K	34.9K
Liabilities And Stockholders Equity	8.8M	10.3M	11.7M	22.8M	26.2M	27.5M
Inventory	(69.6K)	(37.1K)	(21.9K)	(58.2K)	(52.4K)	(49.7K)
Other Current Assets	37.1K	21.9K	650K	58.2K	66.9K	131.9K
Other Stockholder Equity	1.5M	3.1M	3.9M	1.0	1.15	1.09
Total Liab	769.9K	363.9K	981.0K	2.7M	3.1M	3.2M
Total Current Assets	5.1M	3.5M	2.8M	2.3M	2.7M	2.2M
Accumulated Other Comprehensive Income	1.5M	2.9M	3.9M	6.5M	7.5M	7.9M
Cash And Equivalents	24.1K	2.1K	5.1M	3.4M	4.0M	4.2M
Short Term Debt	0.0	27.0K	21.7K	19.1K	17.2K	16.3K
Common Stock	9.0M	11.6M	13.5M	24.2M	27.8M	29.2M
Property Plant Equipment	921.3K	3.7M	6.8M	8.9M	10.3M	10.8M

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