MEG Energy Corp (MEG) - Total Liabilities
Based on the latest financial reports, MEG Energy Corp (MEG) has total liabilities worth CA$2.22 Billion CAD (≈ $1.61 Billion 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. Also explore net asset growth rate of MEG Energy Corp to track the company's year-over-year net asset growth rate.
MEG Energy Corp - Total Liabilities Trend (2008–2024)
This chart illustrates how MEG Energy Corp's total liabilities have evolved over time, based on quarterly financial data. See how much free cash does MEG Energy Corp generate to measure how efficiently the company converts operating cash flow to free cash.
MEG Energy Corp Competitors by Total Liabilities
The table below lists competitors of MEG Energy Corp ranked by their total liabilities.
| Company | Country | Total Liabilities |
|---|---|---|
|
Garrett Motion Inc
NASDAQ:GTX
|
USA | $3.15 Billion |
|
Nexstar Broadcasting Group Inc
NASDAQ:NXST
|
USA | $8.96 Billion |
|
Randstad NV
AS:RAND
|
Netherlands | €6.97 Billion |
|
Motilal Oswal Financial Services Limited
NSE:MOTILALOFS
|
India | Rs305.16 Billion |
|
Shan Dong Sun Paper Industry Joint Stock Co Ltd
SHE:002078
|
China | CN¥28.55 Billion |
|
Guangzhou Automobile Group Co Ltd Class A
SHG:601238
|
China | CN¥96.48 Billion |
|
Guangzhou Friendship Group Co Ltd
SHE:000987
|
China | CN¥165.95 Billion |
|
Erasca Inc
NASDAQ:ERAS
|
USA | $67.71 Million |
Liability Composition Analysis (2008–2024)
This chart breaks down MEG Energy Corp'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 MEG Energy Corp (MEG) market capitalisation.
Liquidity & Leverage Metrics
Key Metrics Explained
| Metric | Value | Description |
|---|---|---|
| Current Ratio | 1.73 | 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 | 0.47 | Measures financial leverage (Total Liabilities ÷ Shareholder Equity) |
| Debt to Assets | 0.32 | 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 MEG Energy Corp's debt structure has evolved. The comparison includes total liabilities, long-term debt, and current liabilities.
Annual Total Liabilities for MEG Energy Corp (2008–2024)
The table below shows the annual total liabilities of MEG Energy Corp from 2008 to 2024.
| Year | Total Liabilities | Change |
|---|---|---|
| 2024-12-31 | CA$2.19 Billion ≈ $1.58 Billion |
-7.59% |
| 2023-12-31 | CA$2.37 Billion ≈ $1.72 Billion |
-10.53% |
| 2022-12-31 | CA$2.65 Billion ≈ $1.92 Billion |
-29.99% |
| 2021-12-31 | CA$3.79 Billion ≈ $2.74 Billion |
+1.80% |
| 2020-12-31 | CA$3.72 Billion ≈ $2.69 Billion |
-7.35% |
| 2019-12-31 | CA$4.01 Billion ≈ $2.90 Billion |
-11.29% |
| 2018-12-31 | CA$4.52 Billion ≈ $3.27 Billion |
-16.21% |
| 2017-12-31 | CA$5.40 Billion ≈ $3.91 Billion |
-4.17% |
| 2016-12-31 | CA$5.63 Billion ≈ $4.08 Billion |
-1.54% |
| 2015-12-31 | CA$5.72 Billion ≈ $4.14 Billion |
+10.86% |
| 2014-12-31 | CA$5.16 Billion ≈ $3.73 Billion |
+10.79% |
| 2013-12-31 | CA$4.66 Billion ≈ $3.37 Billion |
+48.00% |
| 2012-12-31 | CA$3.15 Billion ≈ $2.28 Billion |
+42.00% |
| 2011-12-31 | CA$2.22 Billion ≈ $1.60 Billion |
+89.99% |
| 2010-12-31 | CA$1.17 Billion ≈ $844.11 Million |
-0.55% |
| 2009-12-31 | CA$1.17 Billion ≈ $848.81 Million |
+16.81% |
| 2008-12-31 | CA$1.00 Billion ≈ $726.68 Million |
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About MEG Energy Corp
MEG Energy Corp. operates as an oil sands development company. The company offers situ thermal oil production in its Christina Lake Project in the southern Athabasca oil region of Alberta, Canada. The company develops oil recovery projects that utilize steam-assisted gravity drainage extraction methods to improve the recovery of oil. It also transports and sells thermal oil in North America and i… Read more