Thermal Energy International Inc
Thermal Energy International Inc. engages in the development, engineering, and supply of pollution control, heat recovery systems, and condensate return solutions in North America, Europe, and internationally. The company offers GEM steam traps; FLUACE-ACE heat recovery, a direct contact condensing heat recovery system that recycles the heat lost through the boiler flue gas exhaust; and DRY-REX b… Read more
Thermal Energy International Inc (TMGEF) - Total Liabilities
Latest total liabilities as of November 2025: $9.63 Million USD
Based on the latest financial reports, Thermal Energy International Inc (TMGEF) has total liabilities worth $9.63 Million USD as of November 2025.
Total liabilities represent everything the company owes to external parties, combining both current liabilities—like accounts payable, short-term debt, and accrued expenses—and non-current liabilities such as long-term debt, pension obligations, lease liabilities, and deferred tax liabilities.
Thermal Energy International Inc - Total Liabilities Trend (2008–2025)
This chart illustrates how Thermal Energy International Inc's total liabilities have evolved over time, based on quarterly financial data. Explore and compare other companies by total liabilities.
Thermal Energy International Inc Competitors by Total Liabilities
The table below lists competitors of Thermal Energy International Inc ranked by their total liabilities.
| Company | Country | Total Liabilities |
|---|---|---|
|
Fractal Gaming Group AB
ST:FRACTL
|
Sweden | Skr230.10 Million |
|
BuzzFeed Inc
NASDAQ:BZFD
|
USA | $134.56 Million |
|
Ruanyun Edai Technology Inc. Ordinary shares
NASDAQ:RYET
|
USA | $6.38 Million |
|
Fade Gida Yatirim Sanayi Ticaret As
IS:FADE
|
Turkey | TL443.68 Million |
|
HT Media Limited
NSE:HTMEDIA
|
India | ₹19.71 Billion |
|
Starr Peak Exploration Ltd
OTCQX:STRPF
|
USA | $2.88 Million |
Liability Composition Analysis (2008–2025)
This chart breaks down Thermal Energy International Inc's total liabilities into key components over time: long-term debt, short-term debt, other current liabilities, and other non-current liabilities. Toggle between absolute values and percentage view to see how the composition has shifted.
Liquidity & Leverage Metrics
Key Metrics Explained
| Metric | Value | Description |
|---|---|---|
| Current Ratio | 1.39 | Measures ability to pay short-term obligations (Current Assets ÷ Current Liabilities) |
| Quick Ratio | N/A | More stringent measure of short-term liquidity ((Current Assets - Inventory) ÷ Current Liabilities) |
| Cash Ratio | N/A | Most conservative liquidity measure (Cash & Equivalents ÷ Current Liabilities) |
| Debt to Equity | 2.18 | Measures financial leverage (Total Liabilities ÷ Shareholder Equity) |
| Debt to Assets | 0.69 | Portion of assets financed with debt (Total Liabilities ÷ Total Assets) |
Liability Trends Comparison
This chart compares key liability metrics across different time periods, showing how Thermal Energy International Inc's debt structure has evolved. The comparison includes total liabilities, long-term debt, and current liabilities.
Annual Total Liabilities for Thermal Energy International Inc (2008–2025)
The table below shows the annual total liabilities of Thermal Energy International Inc from 2008 to 2025.
| Year | Total Liabilities | Change |
|---|---|---|
| 2025-05-31 | $8.38 Million | -37.32% |
| 2024-05-31 | $13.37 Million | +15.36% |
| 2023-05-31 | $11.59 Million | +35.46% |
| 2022-05-31 | $8.55 Million | -0.34% |
| 2021-05-31 | $8.58 Million | +1.74% |
| 2020-05-31 | $8.44 Million | -7.80% |
| 2019-05-31 | $9.15 Million | +99.51% |
| 2018-05-31 | $4.59 Million | -5.77% |
| 2017-05-31 | $4.87 Million | +69.30% |
| 2016-05-31 | $2.88 Million | -9.09% |
| 2015-05-31 | $3.16 Million | +30.64% |
| 2014-05-31 | $2.42 Million | +13.74% |
| 2013-05-31 | $2.13 Million | -35.46% |
| 2012-05-31 | $3.30 Million | +39.29% |
| 2011-05-31 | $2.37 Million | +17.10% |
| 2010-05-31 | $2.02 Million | +8.50% |
| 2009-05-31 | $1.86 Million | -50.53% |
| 2008-05-31 | $3.77 Million | -- |