Gear Energy Ltd
TSX:GXE

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Gear Energy Ltd
TSX:GXE
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Price: 0.53 CAD 3.92%
Market Cap: 139.7m CAD
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Balance Sheet

Balance Sheet Decomposition
Gear Energy Ltd

Current Assets 23.5m
Receivables 12.9m
Other Current Assets 10.6m
Non-Current Assets 315.8m
PP&E 286.1m
Other Non-Current Assets 29.6m
Current Liabilities 19.6m
Accounts Payable 12.9m
Other Current Liabilities 6.6m
Non-Current Liabilities 74.6m
Long-Term Debt 15.4m
Other Non-Current Liabilities 59.2m

Balance Sheet
Gear Energy Ltd

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Balance Sheet
Currency: CAD
Dec-2014 Dec-2015 Dec-2016 Dec-2017 Dec-2018 Dec-2019 Dec-2020 Dec-2021 Dec-2022 Dec-2023
Assets
Cash & Cash Equivalents
0
0
0
0
0
0
0
0
0
0
Cash Equivalents
0
0
0
0
0
0
0
0
0
0
Total Receivables
15
6
10
13
6
11
9
12
13
12
Accounts Receivables
15
6
10
13
6
11
9
12
13
12
Other Receivables
0
0
0
0
0
0
0
0
0
0
Inventory
7
3
6
7
7
7
6
7
8
7
Other Current Assets
16
11
3
3
7
3
3
3
4
3
Total Current Assets
38
21
18
23
20
21
17
22
25
22
PP&E Net
320
179
243
257
332
317
245
264
283
287
PP&E Gross
320
179
243
257
332
317
245
264
283
287
Accumulated Depreciation
236
372
402
440
483
532
619
624
653
676
Other Long-Term Assets
17
26
21
27
28
23
0
33
41
30
Total Assets
375
N/A
226
-40%
281
+25%
307
+9%
380
+24%
361
-5%
262
-27%
319
+22%
349
+10%
339
-3%
Liabilities
Accounts Payable
24
7
10
12
13
13
6
12
19
15
Short-Term Debt
99
56
0
0
0
0
0
0
0
0
Current Portion of Long-Term Debt
0
0
0
0
0
13
5
0
0
0
Other Current Liabilities
0
2
7
5
2
6
3
10
7
6
Total Current Liabilities
123
64
17
17
14
32
14
22
26
21
Long-Term Debt
0
12
43
54
91
64
59
26
7
21
Other Liabilities
74
55
79
81
87
83
85
72
65
60
Total Liabilities
197
N/A
132
-33%
139
+6%
151
+8%
192
+27%
179
-7%
157
-12%
120
-24%
98
-18%
102
+4%
Equity
Common Stock
231
242
309
311
338
336
334
350
348
349
Retained Earnings
63
160
183
173
168
174
251
171
114
130
Additional Paid In Capital
10
12
14
15
16
18
20
19
18
18
Other Equity
0
0
3
3
3
3
3
0
0
0
Total Equity
178
N/A
94
-47%
142
+51%
156
+10%
188
+21%
182
-3%
105
-42%
199
+90%
252
+26%
237
-6%
Total Liabilities & Equity
375
N/A
226
-40%
281
+25%
307
+9%
380
+24%
361
-5%
262
-27%
319
+22%
349
+10%
339
-3%
Shares Outstanding
Common Shares Outstanding
71
86
193
195
219
218
217
260
261
262

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