AKITA Drilling Ltd
AKITA Drilling Ltd. operates as an oil and gas drilling contractor in Canada and the United States. It is involved in the drilling oil and gas wells, potash exploration and development wells, geothermal wells, disposal wells, and carbon storage wells, as well as wells to be developed into storage caverns for gas. The company was founded in 1964 and is headquartered in Calgary, Canada. AKITA Drill… Read more
AKITA Drilling Ltd (AKTAF) - Total Liabilities
Latest total liabilities as of June 2025: $77.04 Million USD
Based on the latest financial reports, AKITA Drilling Ltd (AKTAF) has total liabilities worth $77.04 Million USD as of June 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.
AKITA Drilling Ltd - Total Liabilities Trend (1993–2024)
This chart illustrates how AKITA Drilling Ltd's total liabilities have evolved over time, based on quarterly financial data. Explore and compare other companies by total liabilities.
AKITA Drilling Ltd Competitors by Total Liabilities
The table below lists competitors of AKITA Drilling Ltd ranked by their total liabilities.
| Company | Country | Total Liabilities |
|---|---|---|
|
Vakrangee Limited
NSE:VAKRANGEE
|
India | ₹1.25 Billion |
|
Export Packing
KO:002200
|
Korea | ₩59.07 Billion |
|
Topower Co Ltd
TWO:3226
|
Taiwan | NT$647.55 Million |
|
Onde SA
WAR:OND
|
Poland | zł446.10 Million |
|
SMC Global Securities Limited
NSE:SMCGLOBAL
|
India | ₹39.82 Billion |
|
EVO Transportation & Energy Services Inc
PINK:EVOA
|
USA | $141.40 Million |
|
Loyalty Founder Enterprise Co Ltd
TWO:5465
|
Taiwan | NT$2.40 Billion |
|
Mitchell Services Ltd
AU:MSV
|
Australia | AU$50.24 Million |
Liability Composition Analysis (1993–2024)
This chart breaks down AKITA Drilling 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 | 2.05 | 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 | 0.43 | Measures financial leverage (Total Liabilities ÷ Shareholder Equity) |
| Debt to Assets | 0.30 | 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 AKITA Drilling Ltd's debt structure has evolved. The comparison includes total liabilities, long-term debt, and current liabilities.
Annual Total Liabilities for AKITA Drilling Ltd (1993–2024)
The table below shows the annual total liabilities of AKITA Drilling Ltd from 1993 to 2024.
| Year | Total Liabilities | Change |
|---|---|---|
| 2024-12-31 | $97.26 Million | -9.68% |
| 2023-12-31 | $107.68 Million | -17.44% |
| 2022-12-31 | $130.43 Million | +12.35% |
| 2021-12-31 | $116.09 Million | +16.96% |
| 2020-12-31 | $99.25 Million | -19.94% |
| 2019-12-31 | $123.98 Million | -6.01% |
| 2018-12-31 | $131.91 Million | +299.23% |
| 2017-12-31 | $33.04 Million | -13.64% |
| 2016-12-31 | $38.26 Million | +11.50% |
| 2015-12-31 | $34.32 Million | -57.68% |
| 2014-12-31 | $81.08 Million | +74.53% |
| 2013-12-31 | $46.46 Million | -32.66% |
| 2012-12-31 | $69.00 Million | +49.91% |
| 2011-12-31 | $46.03 Million | +10.76% |
| 2010-12-31 | $41.55 Million | +26.81% |
| 2009-12-31 | $32.77 Million | -26.21% |
| 2008-12-31 | $44.41 Million | +25.15% |
| 2007-12-31 | $35.48 Million | -28.12% |
| 2006-12-31 | $49.36 Million | -4.12% |
| 2005-12-31 | $51.49 Million | +35.38% |
| 2004-12-31 | $38.03 Million | -19.61% |
| 2003-12-31 | $47.31 Million | +10.14% |
| 2002-12-31 | $42.95 Million | -34.31% |
| 2001-12-31 | $65.39 Million | +228.50% |
| 2000-12-31 | $19.91 Million | +30.10% |
| 1999-12-31 | $15.30 Million | +37.84% |
| 1998-12-31 | $11.10 Million | -55.78% |
| 1997-12-31 | $25.10 Million | +91.60% |
| 1996-12-31 | $13.10 Million | +16.96% |
| 1995-12-31 | $11.20 Million | -22.22% |
| 1994-12-31 | $14.40 Million | +56.52% |
| 1993-12-31 | $9.20 Million | -- |