Terax Energy Inc
Terax Energy, Inc. does not have significant operations. It intends to locate and combine with an existing, privately-held company. Previously, it was engaged in the acquisition, exploitation, and development of oil and gas properties. The company was founded in 2000 and is based in Dallas, Texas.
Terax Energy Inc (TEXG) - Total Liabilities
Latest total liabilities as of March 2007: $9.75 Million USD
Based on the latest financial reports, Terax Energy Inc (TEXG) has total liabilities worth $9.75 Million USD as of March 2007.
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.
Terax Energy Inc - Total Liabilities Trend (2005–2012)
This chart illustrates how Terax Energy Inc's total liabilities have evolved over time, based on quarterly financial data. Explore and compare other companies by total liabilities.
Terax Energy Inc Competitors by Total Liabilities
The table below lists competitors of Terax Energy Inc ranked by their total liabilities.
| Company | Country | Total Liabilities |
|---|---|---|
|
Wireless Xcessories Group Inc
PINK:WIRX
|
USA | $7.09K |
|
Intl Star Inc
PINK:ILST
|
USA | $2.34 Million |
|
Green Star Products
PINK:GSPI
|
USA | $485.56K |
|
Sohm Inc.
PINK:SHMN
|
USA | $5.05 Million |
|
Mundus Group Inc
PINK:MNDP
|
USA | $210.51K |
|
Digital 9 Infrastructure PLC
LSE:DGI9
|
UK | GBX4.39 Million |
|
Aquis Exchange PLC
LSE:AQX
|
UK | GBX7.47 Million |
|
ZAZZ Energy of Sweden AB
ST:ZAZZ-B
|
Sweden | Skr73.68 Million |
Liability Composition Analysis (2005–2012)
This chart breaks down Terax 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 | 0.00 | 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 | 1.55 | Measures financial leverage (Total Liabilities ÷ Shareholder Equity) |
| Debt to Assets | 0.61 | 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 Terax Energy Inc's debt structure has evolved. The comparison includes total liabilities, long-term debt, and current liabilities.
Annual Total Liabilities for Terax Energy Inc (2005–2012)
The table below shows the annual total liabilities of Terax Energy Inc from 2005 to 2012.
| Year | Total Liabilities | Change |
|---|---|---|
| 2012-06-30 | $12.31K | +51.20% |
| 2011-06-30 | $8.14K | -99.97% |
| 2006-06-30 | $24.56 Million | +88359.66% |
| 2005-06-30 | $27.77K | -- |