Desert Mountain Energy Corp (DME) - Total Liabilities
Based on the latest financial reports, Desert Mountain Energy Corp (DME) has total liabilities worth CA$3.23 Million CAD (≈ $2.34 Million USD) as of March 2026. 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.
Desert Mountain Energy Corp - Total Liabilities Trend (2006–2025)
This chart illustrates how Desert Mountain Energy Corp's total liabilities have evolved over time, based on quarterly financial data. See Desert Mountain Energy Corp current assets vs equity to evaluate short-term liquidity relative to the company's equity base.
Desert Mountain Energy Corp Competitors by Total Liabilities
The table below lists competitors of Desert Mountain Energy Corp ranked by their total liabilities.
| Company | Country | Total Liabilities |
|---|---|---|
|
Nanogroup SA
WAR:NNG
|
Poland | zł5.26 Million |
|
Omni-Lite Industries Canada Inc.
V:OML
|
Canada | CA$6.84 Million |
|
Oncoinvent ASA
OL:ONCIN
|
Norway | Nkr58.63 Million |
|
Nortech Systems Incorporated
NASDAQ:NSYS
|
USA | $41.40 Million |
|
PNC Technologies co. Ltd
KQ:237750
|
Korea | ₩21.30 Billion |
|
Korea Bio-Gen Co.Ltd
KQ:318000
|
Korea | ₩6.68 Billion |
|
Maniker F & G Co. Ltd
KQ:195500
|
Korea | ₩42.91 Billion |
|
Passat Société Anonyme
PA:ALXIL
|
USA | €38.68 Million |
Liability Composition Analysis (2006–2025)
This chart breaks down Desert Mountain 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 Desert Mountain Energy Corp market capitalisation.
Liquidity & Leverage Metrics
Key Metrics Explained
| Metric | Value | Description |
|---|---|---|
| Current Ratio | 2.57 | 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 | 0.07 | Measures financial leverage (Total Liabilities ÷ Shareholder Equity) |
| Debt to Assets | 0.06 | 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 Desert Mountain Energy Corp's debt structure has evolved. The comparison includes total liabilities, long-term debt, and current liabilities.
Annual Total Liabilities for Desert Mountain Energy Corp (2006–2025)
The table below shows the annual total liabilities of Desert Mountain Energy Corp from 2006 to 2025.
| Year | Total Liabilities | Change |
|---|---|---|
| 2025-09-30 | CA$3.20 Million ≈ $2.31 Million |
-2.97% |
| 2024-09-30 | CA$3.30 Million ≈ $2.38 Million |
-62.01% |
| 2023-09-30 | CA$8.68 Million ≈ $6.28 Million |
+220.69% |
| 2022-09-30 | CA$2.71 Million ≈ $1.96 Million |
+305.78% |
| 2021-09-30 | CA$666.93K ≈ $482.45K |
+780.79% |
| 2020-09-30 | CA$75.72K ≈ $54.77K |
-36.85% |
| 2019-09-30 | CA$119.90K ≈ $86.74K |
-55.74% |
| 2018-09-30 | CA$270.94K ≈ $195.99K |
-24.08% |
| 2017-09-30 | CA$356.89K ≈ $258.17K |
+38.35% |
| 2016-09-30 | CA$257.96K ≈ $186.61K |
+74.25% |
| 2015-09-30 | CA$148.04K ≈ $107.09K |
-85.20% |
| 2014-09-30 | CA$1.00 Million ≈ $723.60K |
+529.98% |
| 2013-09-30 | CA$158.78K ≈ $114.86K |
-27.61% |
| 2012-09-30 | CA$219.35K ≈ $158.68K |
-73.28% |
| 2011-09-30 | CA$820.92K ≈ $593.84K |
+78.22% |
| 2010-09-30 | CA$460.61K ≈ $333.20K |
+22.55% |
| 2009-09-30 | CA$375.85K ≈ $271.88K |
+37.03% |
| 2008-09-30 | CA$274.28K ≈ $198.41K |
+51.52% |
| 2007-09-30 | CA$181.02K ≈ $130.94K |
+3211.67% |
| 2006-09-30 | CA$5.47K ≈ $3.95K |
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About Desert Mountain Energy Corp
Desert Mountain Energy Corp. engages in the acquisition, exploration, and development of oil and gas, helium, natural gas, hydrogen, and mineral properties in the Southwestern United States. It holds interest in the Holbrook Basin helium project located in the Northern Arizona. The company was formerly known as African Queen Mines Ltd. and changed its name to Desert Mountain Energy Corp. in April… Read more