Thermal Energy International Inc. (TMG) - Total Liabilities
Based on the latest financial reports, Thermal Energy International Inc. (TMG) has total liabilities worth CA$9.63 Million CAD (≈ $6.96 Million USD) as of November 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 Thermal Energy International Inc. cash conversion from operations to assess how effectively this company generates cash.
Thermal Energy International Inc. - Total Liabilities Trend (1997–2025)
This chart illustrates how Thermal Energy International Inc.'s total liabilities have evolved over time, based on quarterly financial data. Check Thermal Energy International Inc. asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Thermal Energy International Inc. Competitors by Total Liabilities
The table below lists competitors of Thermal Energy International Inc. ranked by their total liabilities.
| Company | Country | Total Liabilities |
|---|---|---|
|
Mongolia Growth Group Ltd.
V:YAK
|
Canada | CA$3.54 Million |
|
Stern Groep N.V.
AS:PBH
|
Netherlands | €370.00K |
|
Eterindo Wahanatama Tbk
JK:ETWA
|
Indonesia | Rp1.31 Trillion |
|
Liberty TripAdvisor Holdings, Inc
NASDAQ:LTRPA
|
USA | $2.22 Billion |
|
Starr Peak Exploration Ltd
V:STE
|
Canada | CA$2.88 Million |
|
Eastern Metals Ltd
AU:EMS
|
Australia | AU$317.26K |
|
Teck Guan Perdana Bhd
KLSE:7439
|
Malaysia | RM65.05 Million |
|
DATRIX S.P.A.
F:BW6
|
Germany | €19.35 Million |
Liability Composition Analysis (1997–2025)
This chart breaks down Thermal Energy International 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 TMG market cap.
Liquidity & Leverage Metrics
Key Metrics Explained
| Metric | Value | Description |
|---|---|---|
| Current Ratio | 1.39 | 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 | 2.18 | Measures financial leverage (Total Liabilities ÷ Shareholder Equity) |
| Debt to Assets | 0.69 | 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 Thermal Energy International Inc.'s debt structure has evolved. The comparison includes total liabilities, long-term debt, and current liabilities.
Annual Total Liabilities for Thermal Energy International Inc. (1997–2025)
The table below shows the annual total liabilities of Thermal Energy International Inc. from 1997 to 2025.
| Year | Total Liabilities | Change |
|---|---|---|
| 2025-05-31 | CA$8.38 Million ≈ $6.06 Million |
-37.32% |
| 2024-05-31 | CA$13.37 Million ≈ $9.67 Million |
+15.36% |
| 2023-05-31 | CA$11.59 Million ≈ $8.38 Million |
+35.46% |
| 2022-05-31 | CA$8.55 Million ≈ $6.19 Million |
-0.34% |
| 2021-05-31 | CA$8.58 Million ≈ $6.21 Million |
+1.74% |
| 2020-05-31 | CA$8.44 Million ≈ $6.10 Million |
-7.80% |
| 2019-05-31 | CA$9.15 Million ≈ $6.62 Million |
+99.51% |
| 2018-05-31 | CA$4.59 Million ≈ $3.32 Million |
-5.77% |
| 2017-05-31 | CA$4.87 Million ≈ $3.52 Million |
+69.30% |
| 2016-05-31 | CA$2.88 Million ≈ $2.08 Million |
-9.09% |
| 2015-05-31 | CA$3.16 Million ≈ $2.29 Million |
+19.83% |
| 2014-05-31 | CA$2.64 Million ≈ $1.91 Million |
+19.46% |
| 2013-05-31 | CA$2.21 Million ≈ $1.60 Million |
-35.18% |
| 2012-05-31 | CA$3.41 Million ≈ $2.47 Million |
+48.68% |
| 2011-05-31 | CA$2.29 Million ≈ $1.66 Million |
+8.50% |
| 2010-05-31 | CA$2.11 Million ≈ $1.53 Million |
+3.92% |
| 2009-05-31 | CA$2.03 Million ≈ $1.47 Million |
-46.11% |
| 2008-05-31 | CA$3.77 Million ≈ $2.73 Million |
+150.84% |
| 2007-05-31 | CA$1.50 Million ≈ $1.09 Million |
+22.22% |
| 2006-05-31 | CA$1.23 Million ≈ $890.29K |
-18.21% |
| 2005-05-31 | CA$1.50 Million ≈ $1.09 Million |
-1.74% |
| 2004-05-31 | CA$1.53 Million ≈ $1.11 Million |
-32.89% |
| 2003-05-31 | CA$2.28 Million ≈ $1.65 Million |
+64.93% |
| 2002-05-31 | CA$1.38 Million ≈ $1.00 Million |
-58.69% |
| 2001-05-31 | CA$3.35 Million ≈ $2.42 Million |
+194.04% |
| 2000-05-31 | CA$1.14 Million ≈ $823.97K |
-1.67% |
| 1998-05-31 | CA$1.16 Million ≈ $837.99K |
-13.31% |
| 1997-05-31 | CA$1.34 Million ≈ $966.62K |
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About Thermal Energy International Inc.
Thermal Energy International Inc. engages in the development, engineering, and supply of pollution control, heat recovery systems, and condensate return solutions in North America, Europe, and internationally. The company offers GEM steam traps; FLUACE-ACE heat recovery, a direct contact condensing heat recovery system that recycles the heat lost through the boiler flue gas exhaust; and DRY-REX b… Read more