Kelt Exploration Ltd. (KEL) - Total Liabilities
Based on the latest financial reports, Kelt Exploration Ltd. (KEL) has total liabilities worth CA$477.39 Million CAD (≈ $345.34 Million USD) as of September 2025. 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.
Kelt Exploration Ltd. - Total Liabilities Trend (2012–2024)
This chart illustrates how Kelt Exploration Ltd.'s total liabilities have evolved over time, based on quarterly financial data. See working capital to net assets of Kelt Exploration Ltd. to evaluate short-term liquidity relative to the company's equity base.
Kelt Exploration Ltd. Competitors by Total Liabilities
The table below lists competitors of Kelt Exploration Ltd. ranked by their total liabilities.
| Company | Country | Total Liabilities |
|---|---|---|
|
Nextdecade Corp
NASDAQ:NEXT
|
USA | $8.03 Billion |
|
SLC Agrícola S.A
SA:SLCE3
|
Brazil | R$15.69 Billion |
|
M Yochananof and Sons Ltd
TA:YHNF
|
Israel | ILA2.87 Billion |
|
Keystone Microtech Corp
TWO:6683
|
Taiwan | NT$653.58 Million |
|
Vossloh AG
F:VOS
|
Germany | €1.38 Billion |
|
Jiangsu Zhengdan Chemical Industry Co Ltd
SHE:300641
|
China | CN¥116.06 Million |
|
TripAdvisor Inc
NASDAQ:TRIP
|
USA | $2.10 Billion |
|
Bingo Software Co Ltd
SHG:688227
|
China | CN¥684.10 Million |
Liability Composition Analysis (2012–2024)
This chart breaks down Kelt Exploration Ltd.'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. For the full company profile including market capitalisation, see KEL market cap.
Liquidity & Leverage Metrics
Key Metrics Explained
| Metric | Value | Description |
|---|---|---|
| Current Ratio | 0.69 | 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 | 0.01 | Most conservative liquidity measure (Cash & Equivalents ÷ Current Liabilities) |
| Debt to Equity | 0.43 | Measures financial leverage (Total Liabilities ÷ Shareholder Equity) |
| Debt to Assets | 0.30 | 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 Kelt Exploration Ltd.'s debt structure has evolved. The comparison includes total liabilities, long-term debt, and current liabilities.
Annual Total Liabilities for Kelt Exploration Ltd. (2012–2024)
The table below shows the annual total liabilities of Kelt Exploration Ltd. from 2012 to 2024.
| Year | Total Liabilities | Change |
|---|---|---|
| 2024-12-31 | CA$387.68 Million ≈ $280.44 Million |
+51.06% |
| 2023-12-31 | CA$256.63 Million ≈ $185.64 Million |
+13.21% |
| 2022-12-31 | CA$226.68 Million ≈ $163.98 Million |
+18.82% |
| 2021-12-31 | CA$190.77 Million ≈ $138.00 Million |
+22.05% |
| 2020-12-31 | CA$156.30 Million ≈ $113.07 Million |
-77.10% |
| 2019-12-31 | CA$682.40 Million ≈ $493.64 Million |
+28.82% |
| 2018-12-31 | CA$529.73 Million ≈ $383.19 Million |
+22.94% |
| 2017-12-31 | CA$430.87 Million ≈ $311.68 Million |
+4.41% |
| 2016-12-31 | CA$412.66 Million ≈ $298.51 Million |
-4.45% |
| 2015-12-31 | CA$431.86 Million ≈ $312.40 Million |
+49.40% |
| 2014-12-31 | CA$289.07 Million ≈ $209.11 Million |
+213.09% |
| 2013-12-31 | CA$92.33 Million ≈ $66.79 Million |
-8.31% |
| 2012-12-31 | CA$100.69 Million ≈ $72.84 Million |
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About Kelt Exploration Ltd.
Kelt Exploration Ltd., an oil and gas company, engages in the exploration, development, and production of crude oil and natural gas resources primarily in Western Canada. The company markets its crude oil and natural gas liquids products primarily to third party. Kelt Exploration Ltd. was incorporated in 2012 and is headquartered in Calgary, Canada.