Petroteq Energy Inc
Petroteq Energy Inc., through its subsidiaries, engages in the oil sands mining and processing operations in the United States. The company was formerly known as MCW Energy Group Limited and changed its name to Petroteq Energy Inc. in May 2017. Petroteq Energy Inc. was founded in 2010 and is based in Sherman Oaks, California.
Petroteq Energy Inc (PQEFF) - Total Liabilities
Latest total liabilities as of May 2022: $10.54 Million USD
Based on the latest financial reports, Petroteq Energy Inc (PQEFF) has total liabilities worth $10.54 Million USD as of May 2022.
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.
Petroteq Energy Inc - Total Liabilities Trend (2008–2021)
This chart illustrates how Petroteq Energy Inc's total liabilities have evolved over time, based on quarterly financial data. Explore and compare other companies by total liabilities.
Petroteq Energy Inc Competitors by Total Liabilities
The table below lists competitors of Petroteq Energy Inc ranked by their total liabilities.
| Company | Country | Total Liabilities |
|---|---|---|
|
Altina Capital Corp
V:ALTN-P
|
Canada | CA$177.28K |
|
Metaverse Capital Corp
PINK:GBCHF
|
USA | $26.25K |
|
AVINO SILVER & GOLD
MU:GV6
|
Germany | €21.48 Million |
|
YOC (YOC.SG)
STU:YOC
|
Germany | €10.91 Million |
Liability Composition Analysis (2008–2021)
This chart breaks down Petroteq Energy 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 | 0.61 | 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 | 0.15 | Measures financial leverage (Total Liabilities ÷ Shareholder Equity) |
| Debt to Assets | 0.13 | 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 Petroteq Energy Inc's debt structure has evolved. The comparison includes total liabilities, long-term debt, and current liabilities.
Annual Total Liabilities for Petroteq Energy Inc (2008–2021)
The table below shows the annual total liabilities of Petroteq Energy Inc from 2008 to 2021.
| Year | Total Liabilities | Change |
|---|---|---|
| 2021-08-31 | $14.88 Million | -23.75% |
| 2020-08-31 | $19.52 Million | +29.78% |
| 2019-08-31 | $15.04 Million | +143.51% |
| 2018-08-31 | $6.18 Million | -10.92% |
| 2017-08-31 | $6.93 Million | -68.10% |
| 2016-08-31 | $21.73 Million | -10.79% |
| 2015-08-31 | $24.36 Million | -30.18% |
| 2014-08-31 | $34.89 Million | +37.11% |
| 2013-08-31 | $25.45 Million | +32.60% |
| 2012-08-31 | $19.19 Million | 0.00% |
| 2011-08-31 | $19.19 Million | +38287.92% |
| 2010-08-31 | $49.99K | -75.79% |
| 2009-08-31 | $206.52K | +197.63% |
| 2008-08-31 | $69.39K | -- |