Toromont Industries Stock

Toromont Industries Liabilities 2024

Toromont Industries Liabilities

1.89 B CAD

Ticker

TIH.TO

ISIN

CA8911021050

WKN

914305

In 2024, Toromont Industries's total liabilities amounted to 1.89 B CAD, a 1.68% difference from the 1.86 B CAD total liabilities in the previous year.

Toromont Industries Aktienanalyse

What does Toromont Industries do?

Toromont Industries Ltd is a Canadian company specializing in the sale and rental of Caterpillar construction equipment and engines. The company was founded in 1961 and is headquartered in Concord, Ontario, Canada. Toromont Industries ist eines der beliebtesten Unternehmen auf Eulerpool.com.

Liabilities Details

Assessing Toromont Industries's Liabilities

Toromont Industries's liabilities constitute the company's financial obligations and debts owed to external parties and stakeholders. They are categorized into current liabilities, due within a year, and long-term liabilities, which are due over a longer period. A detailed assessment of these liabilities is crucial for evaluating Toromont Industries's financial stability, operational efficiency, and long-term viability.

Year-to-Year Comparison

By comparing Toromont Industries's liabilities year-over-year, investors can identify trends, shifts, and anomalies in the company’s financial positioning. A decrease in total liabilities often signals financial strengthening, while an increase might indicate enhanced investments, acquisitions, or potential financial strain.

Impact on Investments

Toromont Industries's total liabilities play a significant role in determining the company's leverage and risk profile. Investors and analysts examine this aspect meticulously to ascertain the firm’s ability to meet its financial obligations, which influences investment attractiveness and credit ratings.

Interpreting Liability Fluctuations

Shifts in Toromont Industries’s liability structure indicate changes in its financial management and strategy. A reduction in liabilities reflects efficient financial management or debt payoffs, while an increase may suggest expansion, acquisition activities, or accruing operational expenses, each carrying distinct implications for investors.

Frequently Asked Questions about Toromont Industries stock

What is the level of liabilities of Toromont Industries this year?

Toromont Industries has a debt balance of 1.89 B CAD this year.

What were the liabilities of Toromont Industries compared to the previous year?

The liabilities of Toromont Industries have increased by 1.68% increased compared to the previous year.

What are the consequences of high debt for investors of Toromont Industries?

High liabilities can pose a risk for investors of Toromont Industries, as they can weaken the company's financial position and impair its ability to meet its obligations.

What consequences do low liabilities have for investors in Toromont Industries?

Low liabilities mean that Toromont Industries has a strong financial position and is able to meet its obligations without overburdening its finances.

How does an increase in liabilities of Toromont Industries affect the company?

An increase in liabilities of Toromont Industries can lead to the company having more obligations and potentially find it more difficult to meet its financial commitments.

How does a reduction in the liabilities of Toromont Industries affect the company?

A decrease in the liabilities of Toromont Industries can lead to the company having fewer obligations and a stronger financial position, which can make it easier for the company to fulfill its financial commitments.

What are some factors that influence the liabilities of Toromont Industries?

Some factors that can influence the liabilities of Toromont Industries include investments, acquisitions, operating costs, and sales development.

Why is the level of liabilities of Toromont Industries so important for investors?

The liabilities of Toromont Industries are important for investors as they serve as an indicator of the company's financial stability and provide investors with information on how the company meets its financial obligations.

What strategic measures can Toromont Industries take to modify the liabilities?

To change its liabilities, Toromont Industries can take measures such as cost savings, increasing revenue, selling assets, raising investments, or forming partnerships. It is important for the company to conduct a thorough review of its financial situation to choose the best strategic actions.

How much dividend does Toromont Industries pay?

Over the past 12 months, Toromont Industries paid a dividend of 1.72 CAD . This corresponds to a dividend yield of about 1.3 %. For the coming 12 months, Toromont Industries is expected to pay a dividend of 1.95 CAD.

What is the dividend yield of Toromont Industries?

The current dividend yield of Toromont Industries is 1.3 %.

When does Toromont Industries pay dividends?

Toromont Industries pays a quarterly dividend. This is distributed in the months of January, April, July, October.

How secure is the dividend of Toromont Industries?

Toromont Industries paid dividends every year for the past 56 years.

What is the dividend of Toromont Industries?

For the upcoming 12 months, dividends amounting to 1.95 CAD are expected. This corresponds to a dividend yield of 1.48 %.

In which sector is Toromont Industries located?

Toromont Industries is assigned to the 'Industry' sector.

Wann musste ich die Aktien von Toromont Industries kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Toromont Industries from 10/2/2024 amounting to 0.48 CAD, you needed to have the stock in your portfolio before the ex-date on 9/6/2024.

When did Toromont Industries pay the last dividend?

The last dividend was paid out on 10/2/2024.

What was the dividend of Toromont Industries in the year 2023?

In the year 2023, Toromont Industries distributed 1.56 CAD as dividends.

In which currency does Toromont Industries pay out the dividend?

The dividends of Toromont Industries are distributed in CAD.

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Andere Kennzahlen von Toromont Industries

Our stock analysis for Toromont Industries Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Toromont Industries Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.