Meren Energy Inc. (MER) - Total Liabilities

Latest as of September 2025: CA$1.25 Billion CAD ≈ $902.21 Million USD

Based on the latest financial reports, Meren Energy Inc. (MER) has total liabilities worth CA$1.25 Billion CAD (≈ $902.21 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. Explore Meren Energy Inc. cash conversion from operations to assess how effectively this company generates cash.

Meren Energy Inc. - Total Liabilities Trend (2000–2024)

This chart illustrates how Meren Energy Inc.'s total liabilities have evolved over time, based on quarterly financial data. Check asset resilience ratio of Meren Energy Inc. to evaluate the company's liquid asset resilience ratio.

Meren Energy Inc. Competitors by Total Liabilities

The table below lists competitors of Meren Energy Inc. ranked by their total liabilities.

Company Country Total Liabilities
Kanabo Group PLC
LSE:KNB
UK GBX953.00K
Rosslyn Data Technologies plc
LSE:RDT
UK GBX3.55 Million
Gunsynd PLC
LSE:GUN
UK GBX169.00K
Cloudcoco Group PLC
LSE:CLCO
UK GBX1.77 Million
Regal Partners Global Investments Limited
AU:RG1
Australia AU$148.37 Million
Nostra Terra Oil and Gas Company PLC
LSE:NTOG
UK GBX5.65 Million
Worldsec Ltd
LSE:WSL
UK GBX90.00K
ECD Automotive Design Inc
NASDAQ:ECDA
USA $25.89 Million

Liability Composition Analysis (2000–2024)

This chart breaks down Meren Energy 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. For the full company profile including market capitalisation, see Meren Energy Inc. (MER) total market value.

Liquidity & Leverage Metrics

Key Metrics Explained

Metric Value Description
Current Ratio 1.14 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 0.53 Most conservative liquidity measure (Cash & Equivalents ÷ Current Liabilities)
Debt to Equity 1.42 Measures financial leverage (Total Liabilities ÷ Shareholder Equity)
Debt to Assets 0.59 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 Meren Energy Inc.'s debt structure has evolved. The comparison includes total liabilities, long-term debt, and current liabilities.

Annual Total Liabilities for Meren Energy Inc. (2000–2024)

The table below shows the annual total liabilities of Meren Energy Inc. from 2000 to 2024.

Year Total Liabilities Change
2024-12-31 CA$66.40 Million
≈ $48.03 Million
-7.26%
2023-12-31 CA$71.60 Million
≈ $51.79 Million
-17.80%
2022-12-31 CA$87.10 Million
≈ $63.01 Million
+99.95%
2021-12-31 CA$43.56 Million
≈ $31.51 Million
-72.11%
2020-12-31 CA$156.21 Million
≈ $113.00 Million
+242.56%
2019-12-31 CA$45.60 Million
≈ $32.99 Million
+43.26%
2018-12-31 CA$31.83 Million
≈ $23.03 Million
-3.13%
2017-12-31 CA$32.86 Million
≈ $23.77 Million
+11.38%
2016-12-31 CA$29.50 Million
≈ $21.34 Million
-72.89%
2015-12-31 CA$108.81 Million
≈ $78.71 Million
-29.11%
2014-12-31 CA$153.50 Million
≈ $111.04 Million
+164.76%
2013-12-31 CA$57.98 Million
≈ $41.94 Million
+47.51%
2012-12-31 CA$39.30 Million
≈ $28.43 Million
+39.56%
2011-12-31 CA$28.16 Million
≈ $20.37 Million
+228.06%
2010-12-31 CA$8.58 Million
≈ $6.21 Million
+56.81%
2009-12-31 CA$5.47 Million
≈ $3.96 Million
-47.03%
2008-12-31 CA$10.34 Million
≈ $7.48 Million
+2783.16%
2007-12-31 CA$358.52K
≈ $259.35K
+871.97%
2006-12-31 CA$36.89K
≈ $26.68K
-89.40%
2005-12-31 CA$348.02K
≈ $251.75K
+898.45%
2004-12-31 CA$34.86K
≈ $25.21K
-62.82%
2003-12-31 CA$93.75K
≈ $67.82K
-65.88%
2002-12-31 CA$274.79K
≈ $198.78K
-30.47%
2001-12-31 CA$395.22K
≈ $285.89K
+16.10%
2000-12-31 CA$340.41K
≈ $246.25K
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About Meren Energy Inc.

TO:MER Canada Oil & Gas E&P
Market Cap
$16.05K
CA$22.19K CAD
Market Cap Rank
#31250 Global
#1676 in Canada
Share Price
CA$2.45
Change (1 day)
-1.61%
52-Week Range
CA$1.64 - CA$2.53
All Time High
CA$2.53
About

Meren Energy Inc., together with its subsidiaries, operates as an oil and gas exploration and production company in Nigeria, Namibia, South Africa, and Equatorial Guinea. The company holds interests in producing and development assets in deep-water Nigeria. It also has a portfolio of development and exploration assets in the west and south of Africa. Meren Energy Inc. was formerly known as Africa… Read more