MEG Energy Corp (MEG) - Total Liabilities

Latest as of September 2025: CA$2.22 Billion CAD ≈ $1.61 Billion USD

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.

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 MEG Energy Corp (MEG) liquidity to equity ratio to evaluate short-term liquidity relative to the company's equity base.

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
Mianyang Fulin Precision Machining Co Ltd
SHE:300432
China CN¥8.71 Billion
China Resources Sanjiu Medical & Pharmaceutical Co Ltd
SHE:000999
China CN¥19.18 Billion
The People's Insurance Company (Group) of China Limited
F:PIR
Germany €1.61 Trillion
RTL Group SA
XETRA:RRTL
Germany €4.99 Billion
Hanwha
KO:000880
Korea ₩237.85 Trillion
Tongding Interconnection Information
SHE:002491
China CN¥3.40 Billion
Raia Drogasil S.A
SA:RADL3
Brazil R$18.23 Billion
Maase Inc.
NASDAQ:MAAS
USA $1.61 Billion

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 market cap overview.

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

TO:MEG Canada Oil & Gas E&P
Market Cap
$5.68 Billion
CA$7.86 Billion CAD
Market Cap Rank
#3303 Global
#108 in Canada
Share Price
CA$30.89
Change (1 day)
+0.72%
52-Week Range
CA$25.25 - CA$30.90
All Time High
CA$33.29
About

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