Reconnaissance Energy Africa Ltd (RECO) - Total Liabilities
Based on the latest financial reports, Reconnaissance Energy Africa Ltd (RECO) has total liabilities worth CA$4.67 Million CAD (≈ $3.37 Million USD) as of December 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. See RECO working capital efficiency to evaluate short-term liquidity relative to the company's equity base.
Reconnaissance Energy Africa Ltd - Total Liabilities Trend (2017–2026)
This chart illustrates how Reconnaissance Energy Africa Ltd's total liabilities have evolved over time, based on quarterly financial data. For the complete balance sheet picture, see RECO asset base.
Reconnaissance Energy Africa Ltd Competitors by Total Liabilities
The table below lists competitors of Reconnaissance Energy Africa Ltd ranked by their total liabilities.
| Company | Country | Total Liabilities |
|---|---|---|
|
Nine Energy Service, Inc.
NYSE:NINE
|
USA | $468.66 Million |
|
Victory Supermarket Chain Ltd
TA:VCTR
|
Israel | ILA1.69 Billion |
|
TGE Value Creative Solutions Corp
NYSE:BEBE
|
USA | $563.84K |
|
UPDATER SERVICES LIMITED
NSE:UDS
|
India | Rs5.84 Billion |
|
Red Planet Indonesia Tbk
JK:PSKT
|
Indonesia | Rp44.25 Billion |
|
BBMG Corporation
F:9BM
|
Germany | €174.70 Billion |
|
Austral Resources Australia Ltd
AU:AR1
|
Australia | AU$78.69 Million |
Liability Composition Analysis (2017–2026)
This chart breaks down Reconnaissance Energy Africa Ltd'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. See RECO net asset quality index to measure how much of total assets are equity-financed.
Liquidity & Leverage Metrics
Key Metrics Explained
| Metric | Value | Description |
|---|---|---|
| Current Ratio | 1.84 | 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 | 0.02 | Measures financial leverage (Total Liabilities ÷ Shareholder Equity) |
| Debt to Assets | 0.02 | 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 Reconnaissance Energy Africa Ltd's debt structure has evolved. The comparison includes total liabilities, long-term debt, and current liabilities.
Annual Total Liabilities for Reconnaissance Energy Africa Ltd (2017–2026)
The table below shows the annual total liabilities of Reconnaissance Energy Africa Ltd from 2017 to 2026.
| Year | Total Liabilities | Change |
|---|---|---|
| 2026-03-31 | CA$4.67 Million ≈ $3.37 Million |
-14.34% |
| 2024-03-31 | CA$5.45 Million ≈ $3.94 Million |
-88.82% |
| 2022-03-31 | CA$48.70 Million ≈ $35.23 Million |
+2420.25% |
| 2021-03-31 | CA$1.93 Million ≈ $1.40 Million |
+270.44% |
| 2020-03-31 | CA$521.67K ≈ $377.37K |
+58.88% |
| 2019-03-31 | CA$328.34K ≈ $237.52K |
+181.97% |
| 2018-03-31 | CA$116.45K ≈ $84.24K |
+75.33% |
| 2017-03-31 | CA$66.42K ≈ $48.04K |
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About Reconnaissance Energy Africa Ltd
Reconnaissance Energy Africa Ltd., a junior oil and gas company, engages in exploration and development of oil and gas properties in Namibia and Botswana. The company holds a 90% interest in a petroleum exploration license located in Namibia; and 100% working interest in a petroleum license located in northwestern Botswana, as well as an agreement for a joint exploration project in Angola. Reconn… Read more