Source Energy Services (TSX:SHLE) Total Liabilities: C$405.5 Mil (As of Mar. 2026)

What is Source Energy Services Total Liabilities?

Source Energy Services TSX:SHLE -0.15% 69 Total Liabilities is C$405.5 Mil as of Mar. 2026. GuruFocus rates TSX:SHLE with a GF Score™ of 69/100 and a GF Value™ of C$12.84 (Fairly Valued). The stock has 7 warning signs investors should review.

Source Energy Services's Total Liabilities for the quarter that ended in Mar. 2026 was C$405.5 Mil.

Source Energy Services's quarterly Total Liabilities increased from Sep. 2025 (C$387.55 Mil) to Dec. 2025 (C$408.24 Mil) but then declined from Dec. 2025 (C$408.24 Mil) to Mar. 2026 (C$405.53 Mil).

Source Energy Services's annual Total Liabilities increased from Dec. 2023 (C$313.70 Mil) to Dec. 2024 (C$408.35 Mil) but then declined from Dec. 2024 (C$408.35 Mil) to Dec. 2025 (C$408.24 Mil).

Source Energy Services Total Liabilities Related Terms

Source Energy Services Total Liabilities Historical Data

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The historical data trend for Source Energy Services's Total Liabilities can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Source Energy Services Total Liabilities Chart

Source Energy Services Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Dec25

Total Liabilities

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259.51

321.24

313.70

408.35

408.24

Source Energy Services Quarterly Data
	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25	Jun25	Sep25	Dec25	Mar26
Total Liabilities	Get a 7-Day Free Trial															375.60	386.03	387.55	408.24	405.53

69GF Score

Source Energy Services Ltd TSX:SHLE

Total Liabilities is just one metric. See GF Score™, valuation, warning signs, and more.

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Source Energy Services Total Liabilities Calculation

Total Liabilities are the liabilities that the company has to pay others. It is a part of the balance sheet of a company that shareholders do not own, and would be obligated to pay back if the company liquidated.

Source Energy Services's Total Liabilities for the fiscal year that ended in Dec. 2025 is calculated as

Total Liabilities	=	Total Current Liabilities	+	Total Noncurrent Liabilities
	=	Total Current Liabilities	+	(Long-Term Debt & Capital Lease Obligation	+	Other Long-Term Liabilities
	=	156.376	+	(238.028	+	8.716
	+	NonCurrent Deferred Liabilities	+	PensionAndRetirementBenefit	+	NonCurrent Deferred Income Tax)
	+	5.115	+	0	+	0)
	=	408.2

Total Liabilities	=	Total Assets (A: Dec. 2025 )	-	Total Equity (A: Dec. 2025 )
	=	617.131	-	208.896
	=	408.2

Source Energy Services's Total Liabilities for the quarter that ended in Mar. 2026 is calculated as

Total Liabilities	=	Total Current Liabilities	+	Total Noncurrent Liabilities
	=	Total Current Liabilities	+	(Long-Term Debt & Capital Lease Obligation	+	Other Long-Term Liabilities
	=	137.468	+	(255.224	+	9.378
	+	NonCurrent Deferred Liabilities	+	PensionAndRetirementBenefit	+	NonCurrent Deferred Income Tax)
	+	3.459	+	0	+	0)
	=	405.5

Total Liabilities	=	Total Assets (Q: Mar. 2026 )	-	Total Equity (Q: Mar. 2026 )
	=	614.069	-	208.54
	=	405.5

Frequently Asked Questions Learn more about Total Liabilities →

What does a Total Liabilities of C$405.5 Mil mean?

Source Energy Services (TSX:SHLE) has a Total Liabilities of C$405.5 Mil as of Mar. 2026. The total amount of liabilities as recorded on a company's balance sheet. View historical data for Source Energy Services and its competitors.

Is Source Energy Services' Total Liabilities too high?

Source Energy Services' current Total Liabilities is C$405.5 Mil. Overall, Source Energy Services has a GF Score™ of 69/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.

How does Source Energy Services' Total Liabilities compare to SLB and BKR?

Source Energy Services' Total Liabilities of C$405.5 Mil can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.

What is a good Total Liabilities for an Oil & Gas company?

A good Total Liabilities depends on the Oil & Gas industry context. However, Total Liabilities should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.

What does a high Total Liabilities mean?

A high Total Liabilities can signal that a stock is expensive relative to its fundamentals. The total amount of liabilities as recorded on a company's balance sheet. View historical data for Source Energy Services and its competitors. Source Energy Services's current Total Liabilities is C$405.5 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Source Energy Services stock overvalued right now?

Based on GuruFocus' analysis, Source Energy Services (TSX:SHLE) is currently considered Fairly Valued. The stock's GF Value™ is C$12.84, compared to a current price of C$13.60 — trading 5.9% above its estimated fair value. The current Total Liabilities is C$405.5 Mil. Source Energy Services' overall GF Score™ is 69/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.

How is Total Liabilities calculated?

Total Liabilities is calculated from a company's financial statements. For Source Energy Services (TSX:SHLE), the current Total Liabilities is C$405.5 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Source Energy Services (TSX:SHLE) Overvalued in 2026?

Based on GuruFocus' analysis, Source Energy Services stock appears to be overvalued. The current stock price of C$13.60 is trading 5.9% above its estimated GF Value™ of C$12.84. GuruFocus considers Source Energy Services to be Fairly Valued.

Key valuation signals for TSX:SHLE:

Total Liabilities: C$405.5 Mil
GF Value™: C$12.84 vs. price of C$13.60 (5.9% above fair value)
GF Score™: 69/100 with 7 warning signs

No single metric tells the full story. See the TSX:SHLE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Source Energy Services Business Description

Industry Energy Oil & Gas

Comparable Companies TSX:MTEK TSX:PSD TSX:FLNT TSX:E NEOE:ZEFI TSX:MCB TSX:SFD TSXV:HOH TSX:HWO TSX:BRY SLB BKR MIL:TEN HAL FTI SZSE:002353 OSL:SUBC MIL:SPM XPAR:GTT KGS

Other Exchanges SCEYF:USA S4O0:Germany

Address 438, 11th Avenue SE, Suite 500, Calgary, AB, CAN, T2G 0Y4

Website https://www.sourceenergyservices.com

Source Energy Services Ltd is a Canada-based company engaged in the integrated production and distribution of frac sand as well as the distribution of other bulk oil and gas well completion materials that aren't produced by Source. It provides customers with an end-to-end solution for frac sand supported by its Wisconsin, United States, and Peace River, Alberta, Canada mines and processing facilities, its Western Canadian terminal network, and its last-mile logistics capabilities, including its trucking operations, and Sahara, a proprietary well site mobile sand storage and handling system. The geographical segments of the group are the USA Operations and Canadian Operations.

69GF Score

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C$13.60

Price

C$12.84

GF Value

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