Desert Mountain Energy Corp (DME) - Total Liabilities

Latest as of March 2026: CA$3.23 Million CAD ≈ $2.34 Million USD

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. Also explore DME shareholders equity momentum to track the company's year-over-year net asset growth rate.

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 free cash flow generation to measure how efficiently the company converts operating cash flow to free cash.

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
Prodigy Gold NL
AU:PRX
Australia AU$2.02 Million
Ruchi Infrastructure Limited
NSE:RUCHINFRA
India Rs1.10 Billion
Dragonfly Energy Holdings Corp.
NASDAQ:DFLI
USA $71.78 Million
Manganese X Energy Corp
V:MN
Canada CA$59.62K
Hanil Chemical Ind. Co. Ltd
KQ:007770
Korea ₩45.18 Billion

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 DME market cap.

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

V:DME Canada Oil & Gas E&P
Market Cap
$15.00 Million
CA$20.74 Million CAD
Market Cap Rank
#25941 Global
#1029 in Canada
Share Price
CA$0.20
Change (1 day)
+2.56%
52-Week Range
CA$0.17 - CA$0.60
All Time High
CA$4.89
About

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