Gear Energy Ltd
Gear Energy Ltd., an exploration and production company, engages in the acquiring, developing, and holding of interests in petroleum and natural gas properties and assets in Canada. The company's oil properties are located in Central Alberta, West Central Saskatchewan, and Southeast Saskatchewan. Gear Energy Ltd. is headquartered in Calgary, Canada.
Gear Energy Ltd (GENGF) - Total Liabilities
Latest total liabilities as of September 2024: $94.14 Million USD
Based on the latest financial reports, Gear Energy Ltd (GENGF) has total liabilities worth $94.14 Million USD as of September 2024.
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.
Gear Energy Ltd - Total Liabilities Trend (2011–2023)
This chart illustrates how Gear Energy Ltd's total liabilities have evolved over time, based on quarterly financial data. Explore and compare other companies by total liabilities.
Gear Energy Ltd Competitors by Total Liabilities
The table below lists competitors of Gear Energy Ltd ranked by their total liabilities.
| Company | Country | Total Liabilities |
|---|---|---|
|
Calin Technology Co Ltd
TW:4976
|
Taiwan | NT$395.88 Million |
|
What's Cooking Group NV/SA
BR:WHATS
|
Belgium | €121.05 Million |
|
Solstad Offshore ASA
PINK:SLOFF
|
USA | $4.83 Billion |
|
Solux Co. Ltd
KQ:290690
|
Korea | ₩44.57 Billion |
|
Absa Group Ltd
JSE:ABG
|
South Africa | ZAC1.97 Trillion |
|
Fiera Milano S.p.A.
LSE:0EGH
|
UK | €661.54 Million |
|
Banca Sistema S.p.A
LSE:0R9H
|
UK | €4.03 Billion |
|
Gorilla Gold Mines Ltd
AU:GG8
|
Australia | AU$4.91 Million |
Liability Composition Analysis (2011–2023)
This chart breaks down Gear Energy Ltd'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 | 1.20 | 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 | 0.38 | Measures financial leverage (Total Liabilities ÷ Shareholder Equity) |
| Debt to Assets | 0.28 | 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 Gear Energy Ltd's debt structure has evolved. The comparison includes total liabilities, long-term debt, and current liabilities.
Annual Total Liabilities for Gear Energy Ltd (2011–2023)
The table below shows the annual total liabilities of Gear Energy Ltd from 2011 to 2023.
| Year | Total Liabilities | Change |
|---|---|---|
| 2023-12-31 | $102.08 Million | +4.39% |
| 2022-12-31 | $97.80 Million | -18.31% |
| 2021-12-31 | $119.72 Million | -23.92% |
| 2020-12-31 | $157.35 Million | -12.15% |
| 2019-12-31 | $179.12 Million | -6.67% |
| 2018-12-31 | $191.91 Million | +27.13% |
| 2017-12-31 | $150.96 Million | +8.44% |
| 2016-12-31 | $139.22 Million | +5.81% |
| 2015-12-31 | $131.57 Million | -22.27% |
| 2014-12-31 | $169.26 Million | +49.29% |
| 2013-12-31 | $113.38 Million | +33.05% |
| 2012-12-31 | $85.21 Million | +10.28% |
| 2011-12-31 | $77.27 Million | -- |