Trek Resources Inc
Trek Resources, Inc., an independent energy company, engages in the exploration, development, exploitation, and acquisition of onshore oil and natural gas properties principally in the United States. The company was formerly known as McGowen Resources Company, Inc. and changed its name to Trek Resources, Inc. in 2001. Trek Resources was incorporated in 1983 and is based in Dallas, Texas.
Trek Resources Inc (TRKX) - Total Liabilities
Latest total liabilities as of June 2013: $29.18 Million USD
Based on the latest financial reports, Trek Resources Inc (TRKX) has total liabilities worth $29.18 Million USD as of June 2013.
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.
Trek Resources Inc - Total Liabilities Trend (2002–2012)
This chart illustrates how Trek Resources Inc's total liabilities have evolved over time, based on quarterly financial data. Explore and compare other companies by total liabilities.
Trek Resources Inc Competitors by Total Liabilities
The table below lists competitors of Trek Resources Inc ranked by their total liabilities.
| Company | Country | Total Liabilities |
|---|---|---|
|
Aeva Technologies, Inc. Warrants
NYSE:AEVAW
|
USA | $59.58 Million |
|
Golden Land Bhd
KLSE:7382
|
Malaysia | RM201.14 Million |
|
BTM Resources Bhd
KLSE:7188
|
Malaysia | RM10.71 Million |
|
SINTEZA S.A.
RO:STZ
|
Romania | RON11.84 Million |
|
Argo Gold Inc
PINK:ARBTF
|
USA | $1.76 Million |
|
World Technology Corp
PINK:HLOC
|
USA | $3.66 Million |
|
BitFuFu Inc. Warrant
NASDAQ:FUFUW
|
USA | $282.19 Million |
|
Widad Group Bhd
KLSE:0162
|
Malaysia | RM546.10 Million |
Liability Composition Analysis (2002–2012)
This chart breaks down Trek Resources 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 | 1.77 | 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 | 0.86 | Measures financial leverage (Total Liabilities ÷ Shareholder Equity) |
| Debt to Assets | 0.46 | 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 Trek Resources Inc's debt structure has evolved. The comparison includes total liabilities, long-term debt, and current liabilities.
Annual Total Liabilities for Trek Resources Inc (2002–2012)
The table below shows the annual total liabilities of Trek Resources Inc from 2002 to 2012.
| Year | Total Liabilities | Change |
|---|---|---|
| 2012-09-30 | $23.85 Million | +45.00% |
| 2011-09-30 | $16.45 Million | +50.97% |
| 2010-09-30 | $10.90 Million | +26.11% |
| 2009-09-30 | $8.64 Million | -20.22% |
| 2004-09-30 | $10.83 Million | -4.43% |
| 2003-09-30 | $11.33 Million | -6.18% |
| 2002-09-30 | $12.08 Million | -- |