Torrent Capital Ltd.

Torrent Capital Ltd.verified

TRRPF

Price:

$0.43

Market Cap:

$10.84M

Torrent Capital Ltd., an investment company and merchant bank, invests primarily in the securities of public and private companies. It also provides merchant banking services to select companies, as well as advisory services for corporate finance and capital markets. The company was formerly known as Metallum Resources Inc. and changed its name to Torrent Capital Ltd. in February 2017. Torrent Capital Ltd. is based in Halifax, Canada.[Read more]

Industry

Asset Management

IPO Date

2013-03-06

Stock Exchange

PNK

Ticker

TRRPF

The Current Ratio as of September 2024 (TTM) for Torrent Capital Ltd. (TRRPF) is 39.86

According to Torrent Capital Ltd.’s latest financial reports and current stock price. The company's current Current Ratio is 39.86. This represents a change of -9.79% compared to the average of 44.19 of the last 4 quarters.

Torrent Capital Ltd. (TRRPF) Historical Current Ratio (quarterly & annually)

How has TRRPF Current Ratio performed in the past?

The mean historical Current Ratio of Torrent Capital Ltd. over the last ten years is 51.14. The current 39.86 Current Ratio has changed 7.69% with respect to the historical average. Over the past ten years (40 quarters), TRRPF's Current Ratio was at its highest in in the September 2022 quarter at 114.22. The Current Ratio was at its lowest in in the March 2021 quarter at 0.

Quarterly (TTM)
Annual

Average

51.14

Median

41.24

Minimum

0.76

Maximum

127.97

Torrent Capital Ltd. (TRRPF) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Torrent Capital Ltd. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 3.01%

Maximum Annual Current Ratio = 127.97

Minimum Annual Increase = -96.10%

Minimum Annual Current Ratio = 0.76

Quarterly (TTM)
Annual
YearCurrent RatioChange
202341.24-54.04%
202289.7551.27%
202159.33151.26%
202023.613.01%
20190.76-96.10%
201819.48-74.68%
201776.92-39.89%
2016127.97503.75%

Torrent Capital Ltd. (TRRPF) Average Current Ratio

How has TRRPF Current Ratio performed in the past?

The current Current Ratio of Torrent Capital Ltd. (TRRPF) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

63.44

5-year avg

42.94

10-year avg

51.14

Torrent Capital Ltd. (TRRPF) Current Ratio vs. Peers

How is TRRPF’s Current Ratio compared to its peers?

Torrent Capital Ltd.’s Current Ratio is greater than Nuveen Global High Income Fund (0), greater than First Trust/Abrdn Global Opportunity Income Fund (0), greater than The New America High Income Fund Inc. (0), greater than Nuveen Senior Income Fund (1.46), greater than Brookfield Business Corporation (0.63), less than Elysee Development Corp. (290.31), greater than DWS Municipal Income Trust (2.16), greater than BlackRock MuniVest Fund II, Inc. (0.27), greater than MFS Special Value Trust (5.51), greater than Eaton Vance Risk-Managed Diversified Equity Income Fund (0), greater than Western Asset High Income Opportunity Fund Inc. (0.65), greater than Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund (0), greater than BlackRock MuniVest Fund, Inc. (1.56), greater than Neuberger Berman MLP and Energy Income Fund Inc. (0), greater than abrdn Global Income Fund, Inc. (23.05), greater than Abrdn Australia Equity Fund Inc (0), greater than Western Asset Emerging Markets Debt Fund Inc. (0), greater than CBRE Global Real Estate Income Fund (0), greater than Credit Suisse High Yield Bond Fund, Inc. (0.13), greater than GAMCO Natural Resources, Gold & Income Trust (0), greater than The Gabelli Utility Trust (5.58), greater than Western Asset High Income Fund II Inc. (0.56), greater than The Gabelli Dividend & Income Trust (10.41), greater than The Gabelli Equity Trust Inc. (0),

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