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PetroChina Co (PetroChina Co) Total Current Liabilities : $96,497 Mil (As of Dec. 2023)


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What is PetroChina Co Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. PetroChina Co's total current liabilities for the quarter that ended in Dec. 2023 was $96,497

PetroChina Co Total Current Liabilities Historical Data

The historical data trend for PetroChina Co'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.

PetroChina Co Total Current Liabilities Chart

PetroChina Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Current Liabilities
Get a 7-Day Free Trial Premium Member Only Premium Member Only 94,303.86 92,581.47 81,352.43 89,542.44 96,496.88

PetroChina Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 89,542.44 98,401.95 97,264.50 103,307.25 96,496.88

PetroChina Co Total Current Liabilities Calculation

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

PetroChina Co's Total Current Liabilities for the fiscal year that ended in Dec. 2023 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=58943.867+21959.469
+Other Current Liabilities+Current Deferred Liabilities
=15593.541+0
=96,497

PetroChina Co's Total Current Liabilities for the quarter that ended in Dec. 2023 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=58943.867+21959.469
+Other Current Liabilities+Current Deferred Liabilities
=15593.541+0
=96,497

* 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

PetroChina Co Total Current Liabilities Related Terms

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PetroChina Co (PetroChina Co) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » PetroChina Co Ltd (OTCPK:PTRCY) » Definitions » Total Current Liabilities
Comparable Companies
SHSE:600256 SZSE:002259 SAU:2222 XOM CVX LSE:SHEL XPAR:TTE LSE:BP. BSP:PETR3 HKSE:00386 OSL:EQNR ADX:ADNOCGAS MIC:LKOH MIL:ENI TSX:SU BOM:500312 MIC:GAZP TSX:CVE MIC:SIBN TSX:IMO
Traded in Other Exchanges
PCCYF:USA 00857:Hong Kong PC6:Germany 601857:China
Address
No. 9 Dongzhimen North Street, Dongcheng District, Beijing, CHN, 100007
Website
http://www.petrochina.com.cn
PetroChina, the national champion that inherited the majority of Chinese onshore oil and gas assets, has developed into an international supermajor. In 2022, it produced more than 1.6 billion barrels of oil equivalent of oil and gas, and had more than 1.4 billion barrels of annual crude oil primary distillation capacity and more than 22,000 service stations. The fluctuations in the prices of crude oil, refined products, chemical products, and natural gas have a significant impact on PetroChina's revenue. State-owned China National Petroleum Corp is PetroChina's controlling shareholder with a stake of more than 80%.