Truleum Inc.
Truleum, Inc., an independent energy company, engages in the development of domestic oil and gas resources in the United States. It holds interest in the Logan project that consists of well bores with developed and undeveloped proven and probable production in the Cherokee Uplift in central Oklahoma. The company was formerly known as Alpha Energy, Inc. and changed its name to Truleum, Inc. in Apr… Read more
Truleum Inc. (TRLM) - Total Liabilities
Latest total liabilities as of March 2024: $4.97 Million USD
Based on the latest financial reports, Truleum Inc. (TRLM) has total liabilities worth $4.97 Million USD as of March 2024.
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.
Truleum Inc. - Total Liabilities Trend (2019–2023)
This chart illustrates how Truleum Inc.'s total liabilities have evolved over time, based on quarterly financial data. Explore and compare other companies by total liabilities.
Truleum Inc. Competitors by Total Liabilities
The table below lists competitors of Truleum Inc. ranked by their total liabilities.
| Company | Country | Total Liabilities |
|---|---|---|
|
Mega Polietilen Kopuk Sanayi ve Ticaret AS
IS:MEGAP
|
Turkey | TL1.22 Billion |
|
Tonlin Department Store Co Ltd
TW:2910
|
Taiwan | NT$3.48 Billion |
|
SVOA Public Company Limited
BK:SVOA
|
Thailand | ฿5.38 Billion |
|
Oriental Food Industries Hold
KLSE:7107
|
Malaysia | RM78.50 Million |
|
Origin Materials Inc
NASDAQ:ORGN
|
USA | $32.36 Million |
|
Hipay Group SA
PA:ALHYP
|
France | €173.68 Million |
|
Ibraco Bhd
KLSE:5084
|
Malaysia | RM892.13 Million |
|
GREEN360 Technologies Ltd
AU:GT3
|
Australia | AU$8.24 Million |
Liability Composition Analysis (2019–2023)
This chart breaks down Truleum 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 | 0.02 | 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 | -1.65 | Measures financial leverage (Total Liabilities ÷ Shareholder Equity) |
| Debt to Assets | 2.55 | 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 Truleum Inc.'s debt structure has evolved. The comparison includes total liabilities, long-term debt, and current liabilities.
Annual Total Liabilities for Truleum Inc. (2019–2023)
The table below shows the annual total liabilities of Truleum Inc. from 2019 to 2023.
| Year | Total Liabilities | Change |
|---|---|---|
| 2023-12-31 | $4.72 Million | +60.68% |
| 2022-12-31 | $2.94 Million | +5.58% |
| 2021-12-31 | $2.78 Million | +19.89% |
| 2020-12-31 | $2.32 Million | +309.11% |
| 2019-12-31 | $567.42K | -- |