GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Ultra Petroleum Corp (OTCPK:UPLCQ) » Definitions » Total Current Liabilities

Ultra Petroleum (Ultra Petroleum) Total Current Liabilities : $112.3 Mil (As of Jun. 2020)


View and export this data going back to 1999. Start your Free Trial

What is Ultra Petroleum Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. Ultra Petroleum's total current liabilities for the quarter that ended in Jun. 2020 was $112.3

Ultra Petroleum Total Current Liabilities Historical Data

The historical data trend for Ultra Petroleum'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.

Ultra Petroleum Total Current Liabilities Chart

Ultra Petroleum Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Total Current Liabilities
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3,651.90 138.21 248.49 267.21 2,324.22

Ultra Petroleum Quarterly Data
Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20
Total Current Liabilities Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 232.76 209.14 2,324.22 2,241.74 112.25

Ultra Petroleum Total Current Liabilities Calculation

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

Ultra Petroleum's Total Current Liabilities for the fiscal year that ended in Dec. 2019 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=141.381+2162.148
+Other Current Liabilities+Current Deferred Liabilities
=20.692+0
=2,324.2

Ultra Petroleum's Total Current Liabilities for the quarter that ended in Jun. 2020 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=98.403+11.329
+Other Current Liabilities+Current Deferred Liabilities
=2.519+0
=112.3

* 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

Ultra Petroleum Total Current Liabilities Related Terms

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

Ultra Petroleum (Ultra Petroleum) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Ultra Petroleum Corp (OTCPK:UPLCQ) » Definitions » Total Current Liabilities
Comparable Companies
WHZT RSSV EMPR EPEGQ COIL LRDC PTRC ALTX SNECQ AREXQ HKSE:00883 COP MIC:NVTK EOG TSE:8031 TSX:CNQ PXD HES ASX:WPL OXY
Traded in Other Exchanges
N/A
Address
116 Inverness Drive East, Suite 400, Englewood, CO, USA, 80112
Website
http://www.ultrapetroleum.com
Ultra Petroleum Corp is an independent oil and gas company. The company is engaged in the development, production, operation, exploration, and acquisition of oil and natural gas properties. It's Pinedale and Jonah Fields in southwest Wyoming's Green River Basin are two of the largest natural gas fields in the United States.
Executives
Kason Kerr officer: VP, Gen Counsel, Corp Secy C/O ULTRA PETROLEUM CORP. 116 INVERNESS DRIVE EAST, SUITE 400 ENGLEWOOD CO 80112
Scoggins Edward Andrew Jr. director C/O ULTRA PETROLEUM CORP, 400 NORTH SAM HOUSTON PKWY EAST, ST 1200, HOUSTON TX 77060
Neal P Goldman director 10700 PARKRIDGE BLVD., RESTON VA 20191
Mark T Solomon officer: VP, Chf Acctg Ofr, Controller C/O ULTRA PETROLEUM CORP., 116 EAST INVERNESS DRIVE, SUITE 400, ENGLEWOOD CO 80112
Sylvia K. Barnes director 4853 POST OAK TIMBER DRIVE, HOUSTON TX 77056
Stratton J. Jay Jr. officer: Sr VP, Chief Operating Officer C/O ULTRA PETROLEUM CORP. 116 EAST INVERNESS DRIVE, SUITE 400 ENGLEWOOD CO 80112
C Bradley Johnson director, officer: President and CEO C/O ULTRA PETROLEUM CORP. 116 INVERNESS DRIVE EAST, SUITE 400 ENGLEWOOD CO 80112
David W Honeyfield officer: Sr VP, Chief Financial Officer C/O ULTRA PETROLEUM CORP., 116 INVERNESS DRIVE EAST SUITE 400, ENGLEWOOD CO 80112
Fir Tree Inc. 10 percent owner 500 FIFTH AVENUE, 9TH FLOOR, NEW YORK NY 10110
Michael J Keeffe director 400 N. SAM HOUSTON PARKWAY E. SUITE 1200, HOUSTON TX 77060
James N Whyte officer: Sr VP, Chief HR Officer C/O ULTRA PETROLEUM CORP, 116 EAST INVERNESS DRIVE, SUITE 400, ENGLEWOOD CO 80112
Stephen James Mcdaniel director 363 N. SAM HOUSTON PARKWAY E., SUITE 1200, HOUSTON TX 77060
Alan J. Mintz director 555 FIFTH AVENUE, 18TH FLOOR, NEW YORK NY 10017
A Kent Rogers officer: V.P., Drilling & Completions 400 N. SAM HOUSTON PARKWAY E. SUITE 1200 HOUSTON TX 77060
Maree K. Delgado officer: See Remarks 116 INVERNESS DRIVE EAST, SUITE 400 ENGLEWOOD CO 80112

Ultra Petroleum (Ultra Petroleum) Headlines

From GuruFocus

ROSEN, A GLOBALLY RECOGNIZED FIRM, Reminds Ultra Petroleum Corp. Investors of Important November 2 Deadline in Securities Class Action - UPLCQ

By PRNewswire PRNewswire • 09-29-2020

SHAREHOLDER ALERT: Pomerantz Law Firm Reminds Shareholders with Losses on their Investment in Ultra Petroleum Corporation of Class Action Lawsuit and Upcoming Deadline � UPLCQ

By Marketwired Marketwired • 10-13-2020

CORRECTING and REPLACING - Pomerantz Law Firm Announces the Filing of a Class Action against Certain Officers of Ultra Petroleum Corporation � UPLCQ

By Marketwired Marketwired • 10-29-2020

Bragar Eagel & Squire, P.C. Reminds Investors That Class Action Lawsuits Have Been Filed Against Ultra Petroleum, HDFC Bank, Fennec, and Portland General Electric and Encourages Investors to Contact the Firm

By Marketwired Marketwired • 10-08-2020

ROSEN, A GLOBALLY RECOGNIZED LAW FIRM, Announces Filing of Securities Class Action Lawsuit on Behalf of Ultra Petroleum Corp. Investors; Encourages Investors with Losses in Excess of $100K to Contact Firm - UPLCQ

By PRNewswire PRNewswire • 09-15-2020

UPLCQ INVESTOR ALERT: Bronstein, Gewirtz & Grossman, LLC Reminds Ultra Petroleum Corp. of Class Action and Encourages Shareholders to Contact the Firm

By Marketwired Marketwired • 09-22-2020

ROSEN, A TRUSTED AND LEADING FIRM, Reminds Ultra Petroleum Corp. Investors of Important November 2 Deadline in Securities Class Action; Encourages Investors with Losses in Excess of $100K to Contact the Firm � UPLCQ

By Marketwired Marketwired • 09-26-2020

Pomerantz Law Firm Announces the Filing of a Class Action against Certain Officers of Ultra Petroleum Corporation - UPLCQ

By PRNewswire PRNewswire • 10-31-2020

ULTRA PETROLEUM CORP. CLASS ACTION ALERT: Wolf Haldenstein Adler Freeman & Herz LLP Announces That a Securities Class Action Lawsuit Has Been Filed on Behalf of Shareholders of Ultra Petroleum Corp. in the United States District Court for the District of

By Marketwired Marketwired • 09-08-2020

SHAREHOLDER ALERT: Pomerantz Law Firm Reminds Shareholders with Losses on their Investment in Ultra Petroleum Corporation of Class Action Lawsuit and Upcoming Deadline � UPLCQ

By Marketwired Marketwired • 10-09-2020