Quantum Energy Inc
Quantum Energy, Inc. focuses on sourcing and processing rare earth elements, metals, and oxides in the United States. It processes materials into salts and oxides. The company was formerly known as Boomers Cultural Development Inc. and changed its name to Quantum Energy, Inc. in May 2006. Quantum Energy, Inc. was incorporated in 2004 and is based in North Las Vegas, Nevada.
Quantum Energy Inc (QREE) - Total Liabilities
Latest total liabilities as of December 2023: $28.50 Million USD
Based on the latest financial reports, Quantum Energy Inc (QREE) has total liabilities worth $28.50 Million USD as of December 2023.
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.
Quantum Energy Inc - Total Liabilities Trend (2004–2023)
This chart illustrates how Quantum Energy Inc's total liabilities have evolved over time, based on quarterly financial data. Explore and compare other companies by total liabilities.
Quantum Energy Inc Competitors by Total Liabilities
The table below lists competitors of Quantum Energy Inc ranked by their total liabilities.
| Company | Country | Total Liabilities |
|---|---|---|
|
Momentous Holdings Corp
PINK:MMNT
|
USA | $682.03K |
|
ICBC-H
MU:ICK
|
Germany | €44.44 Trillion |
|
Engro Fertilizers Ltd
KAR:EFERT
|
Pakistan | PKRs129.77 Billion |
|
US AUTO PARTS NTWRK - Frankfurt Stock Exchang
F:ZZF
|
Germany | €130.44 Million |
Liability Composition Analysis (2004–2023)
This chart breaks down Quantum 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 | 0.07 | 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 | -13.90 | Measures financial leverage (Total Liabilities ÷ Shareholder Equity) |
| Debt to Assets | 1.08 | 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 Quantum Energy Inc's debt structure has evolved. The comparison includes total liabilities, long-term debt, and current liabilities.
Annual Total Liabilities for Quantum Energy Inc (2004–2023)
The table below shows the annual total liabilities of Quantum Energy Inc from 2004 to 2023.
| Year | Total Liabilities | Change |
|---|---|---|
| 2023-12-31 | $28.50 Million | +35.67% |
| 2022-12-31 | $21.01 Million | 0.00% |
| 2021-12-31 | $21.01 Million | +1758.86% |
| 2020-12-31 | $1.13 Million | +23.82% |
| 2019-12-31 | $912.73K | +181.88% |
| 2018-12-31 | $323.80K | +56.23% |
| 2017-12-31 | $207.26K | +327.52% |
| 2016-12-31 | $48.48K | +40.96% |
| 2015-12-31 | $34.39K | -2.55% |
| 2014-12-31 | $35.29K | -90.35% |
| 2013-12-31 | $365.66K | -84.30% |
| 2012-12-31 | $2.33 Million | -31.15% |
| 2009-12-31 | $3.38 Million | +4.31% |
| 2008-12-31 | $3.24 Million | +20.39% |
| 2007-12-31 | $2.69 Million | -2.92% |
| 2006-12-31 | $2.77 Million | +28496.39% |
| 2005-12-31 | $9.70K | +196.00% |
| 2004-12-31 | $3.28K | -- |