GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Dragon Oil PLC (LSE:DGO) » Definitions » Total Current Liabilities

Dragon Oil (LSE:DGO) Total Current Liabilities : £591.3 Mil (As of Jun. 2015)


View and export this data going back to . Start your Free Trial

What is Dragon Oil Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. Dragon Oil's total current liabilities for the quarter that ended in Jun. 2015 was £591.3

Dragon Oil Total Current Liabilities Historical Data

The historical data trend for Dragon Oil's Total Current 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.

* Premium members only.

Dragon Oil Total Current Liabilities Chart

Dragon Oil Annual Data
Trend Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14
Total Current Liabilities
Get a 7-Day Free Trial Premium Member Only Premium Member Only 309.02 414.95 520.39 598.13 656.82

Dragon Oil Semi-Annual Data
Jun09 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15
Total Current Liabilities Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 509.58 598.13 612.14 656.82 591.27

Dragon Oil Total Current Liabilities Calculation

Total Current Liabilities is the total amount of liabilities that the company needs to pay over the next 12 months.

Dragon Oil's Total Current Liabilities for the fiscal year that ended in Dec. 2014 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=229.094+0
+Other Current Liabilities+Current Deferred Liabilities
=427.725+0
=656.8

Dragon Oil's Total Current Liabilities for the quarter that ended in Jun. 2015 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=148.969+0
+Other Current Liabilities+Current Deferred Liabilities
=442.301+0
=591.3

* 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.

The increase of Total Current Liabilities of a company is not necessarily a bad thing. This may conserve the company's cash and contribute positively to cash flow.

Total Current Liabilities is linked to Total Current Assets through the Current Ratio and Working Capital. The Current Ratio is equal to dividing total current assets by total current liabilities. It is frequently used as an indicator of a company's liquidity, its ability to meet short-term obligations. Net working capital is calculated as Total Current Assets minus Total Current Liabilities.

Be Aware

Stay away from companies that roll over the debt e.g. Bear Stearns

When investing in financial institutions, Buffett shies from those who are bigger borrowers of short term than long term debt.

His favorite Wells Fargo has 57 cents short term debt for every dollar of long term.

Aggressive banks (like Bank of America) has $2.09 short term for every dollar long term

Dragon Oil Total Current Liabilities Related Terms

Thank you for viewing the detailed overview of Dragon Oil's Total Current Liabilities provided by GuruFocus.com. Please click on the following links to see related term pages.

Dragon Oil (LSE:DGO) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Dragon Oil PLC (LSE:DGO) » Definitions » Total Current Liabilities
Comparable Companies
TSX:ECA HKSE:00467 TPL COG PE XEC ZAG:INA ASX:OSH WPX MUR KAR:OGDC BSM ASX:BPT DVN APA MGY XTAE:DEDR KOS OSTO:LUPE TSX:TOU
Traded in Other Exchanges
N/A
Address
Website
http://www.dragonoil.com
Dragon Oil PLC is an independent oil and gas exploration, development and production company. The Company's producing asset is the Cheleken Contract Area, in the eastern section of the Caspian Sea, offshore Turkmenistan. It has exploration blocks offshore Tunisia (the Bargou Exploration Permit), in Iraq (Block 9), Afghanistan (Sanduqli and Mazar-i-Sharif blocks), offshore the Philippines (Service Contract 63) in partnership with other companies and Block 19 in Egypt. The Company develops the hydrocarbon reserves in the Cheleken Contract Area in accordance with the terms of the Production Sharing Agreement (PSA). As at 31 December 2014 the Company had probably oil reserves of 663 million barrels of oil and condensate, gas 2P reserves and contingent gas resources of c. 2.7 TCF. The Bargou Exploration Permit contains prospective resources, while Block 9, Sanduqli and Mazar-i-Sharif blocks and Block 19 are at an early stage of exploration. The Company is subject to the international laws and regulations that it operates in.

Dragon Oil (LSE:DGO) Headlines

No Headlines