Westgate Energy Inc.
Westgate Energy Inc. engages in the exploration, development, and production of oil and natural gas in Western Canada. The company operates Killam Property. It also holds a 100% working interest in six sections of mineral rights covering area of 1,536 hectares located in the Cold Lake Oil Sands Area, Alberta. In addition, the company focuses on Mannville Stack fairway located in East-Central Albe… Read more
Westgate Energy Inc. (WGT) - Total Liabilities
Latest total liabilities as of September 2025: CA$22.21 Million CAD
Based on the latest financial reports, Westgate Energy Inc. (WGT) has total liabilities worth CA$22.21 Million CAD 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.
Westgate Energy Inc. - Total Liabilities Trend (2022–2024)
This chart illustrates how Westgate Energy Inc.'s total liabilities have evolved over time, based on quarterly financial data. Explore and compare other companies by total liabilities.
Westgate Energy Inc. Competitors by Total Liabilities
The table below lists competitors of Westgate Energy Inc. ranked by their total liabilities.
| Company | Country | Total Liabilities |
|---|---|---|
|
Sinmah Capital Bhd
KLSE:9776
|
Malaysia | RM22.18 Million |
|
STXYF
PINK:STXYF
|
USA | $140.55 Million |
|
Treatment.Com International Inc
OTCQB:TREIF
|
USA | $10.45 Million |
|
LSI Software S.A.
WAR:LSI
|
Poland | zł15.47 Million |
|
First Tellurium Corp
OTCQB:FSTTF
|
USA | $2.93 Million |
|
Dan Hotels
TA:DANH
|
Israel | ILA1.26 Billion |
|
Boustead Heavy Industries
KLSE:8133
|
Malaysia | RM178.59 Million |
|
Triniti Dinamik PT Tbk
JK:TRUE
|
Indonesia | Rp536.54 Billion |
Liability Composition Analysis (2022–2024)
This chart breaks down Westgate Energy 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.
Liquidity & Leverage Metrics
Key Metrics Explained
| Metric | Value | Description |
|---|---|---|
| Current Ratio | 0.95 | 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 | 3.57 | Measures financial leverage (Total Liabilities ÷ Shareholder Equity) |
| Debt to Assets | 0.78 | 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 Westgate Energy Inc.'s debt structure has evolved. The comparison includes total liabilities, long-term debt, and current liabilities.
Annual Total Liabilities for Westgate Energy Inc. (2022–2024)
The table below shows the annual total liabilities of Westgate Energy Inc. from 2022 to 2024.
| Year | Total Liabilities | Change |
|---|---|---|
| 2024-12-31 | CA$4.64 Million | +2.55% |
| 2023-12-31 | CA$4.53 Million | +1110.24% |
| 2022-12-31 | CA$374.06K | -- |