Reconnaissance Energy Africa Ltd (RECO) - Total Liabilities
Based on the latest financial reports, Reconnaissance Energy Africa Ltd (RECO) has total liabilities worth CA$5.90 Million CAD (≈ $4.27 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 RECO cash flow metrics to assess how effectively this company generates cash.
Reconnaissance Energy Africa Ltd - Total Liabilities Trend (2017–2024)
This chart illustrates how Reconnaissance Energy Africa Ltd's total liabilities have evolved over time, based on quarterly financial data. See RECO total equity for net asset value and shareholders' equity analysis.
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 |
|---|---|---|
|
Arvind SmartSpaces Limited
NSE:ARVSMART
|
India | Rs19.07 Billion |
|
ANGI Homeservices Inc
NASDAQ:ANGI
|
USA | $753.00 Million |
|
Bell Financial Group Ltd
AU:BFG
|
Australia | AU$988.20 Million |
|
NVE Corporation
NASDAQ:NVEC
|
USA | $1.78 Million |
|
Hitron Technologies Inc
TW:2419
|
Taiwan | NT$4.61 Billion |
|
Evolent Health Inc
NYSE:EVH
|
USA | $1.61 Billion |
|
Kingsway Financial Services Inc
NYSE:KFS
|
USA | $199.31 Million |
|
Selena FM S.A.
WAR:SEL
|
Poland | zł667.99 Million |
Liability Composition Analysis (2017–2024)
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. For the full company profile including market capitalisation, see market value of Reconnaissance Energy Africa Ltd.
Liquidity & Leverage Metrics
Key Metrics Explained
| Metric | Value | Description |
|---|---|---|
| Current Ratio | 6.20 | 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 | 0.03 | Measures financial leverage (Total Liabilities ÷ Shareholder Equity) |
| Debt to Assets | 0.03 | 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 (2017–2024)
The table below shows the annual total liabilities of Reconnaissance Energy Africa Ltd from 2017 to 2024.
| Year | Total Liabilities | Change |
|---|---|---|
| 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