Parex Resources (Parex Resources) Total Liabilities : $460 Mil (As of Dec. 2023)

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What is Parex Resources Total Liabilities?

Parex Resources's Total Liabilities for the quarter that ended in Dec. 2023 was $460 Mil.

Parex Resources's quarterly Total Liabilities declined from Jun. 2023 ($420.08 Mil) to Sep. 2023 ($390.38 Mil) but then increased from Sep. 2023 ($390.38 Mil) to Dec. 2023 ($459.90 Mil).

Parex Resources's annual Total Liabilities increased from Dec. 2021 ($390.53 Mil) to Dec. 2022 ($599.38 Mil) but then declined from Dec. 2022 ($599.38 Mil) to Dec. 2023 ($459.90 Mil).

Parex Resources Total Liabilities Historical Data

The historical data trend for Parex Resources'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.

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Parex Resources Total Liabilities Chart

Parex Resources Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Liabilities

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282.14

200.60

390.53

599.38

459.90

Parex Resources Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Total Liabilities	Get a 7-Day Free Trial															599.38	590.67	420.08	390.38	459.90

Parex Resources 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.

Parex Resources's Total Liabilities for the fiscal year that ended in Dec. 2023 is calculated as

Total Liabilities	=	Total Current Liabilities	+	Total Noncurrent Liabilities
	=	Total Current Liabilities	+	(Long-Term Debt & Capital Lease Obligation	+	Other Long-Term Liabilities
	=	258.148	+	(95.736	+	89.732
	+	NonCurrent Deferred Liabilities	+	PensionAndRetirementBenefit)
	+	0	+	16.284)
	=	460

Total Liabilities	=	Total Assets (A: Dec. 2023 )	-	Total Equity (A: Dec. 2023 )
	=	2415.327	-	1955.427
	=	460

Parex Resources's Total Liabilities for the quarter that ended in Dec. 2023 is calculated as

Total Liabilities	=	Total Current Liabilities	+	Total Noncurrent Liabilities
	=	Total Current Liabilities	+	(Long-Term Debt & Capital Lease Obligation	+	Other Long-Term Liabilities
	=	258.148	+	(95.736	+	89.732
	+	NonCurrent Deferred Liabilities	+	PensionAndRetirementBenefit)
	+	0	+	16.284)
	=	460

Total Liabilities	=	Total Assets (Q: Dec. 2023 )	-	Total Equity (Q: Dec. 2023 )
	=	2415.327	-	1955.427
	=	460

Parex Resources Total Liabilities Related Terms

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Parex Resources (Parex Resources) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Parex Resources Inc (OTCPK:PARXF) » Definitions » Total Liabilities

Comparable Companies

Traded in Other Exchanges

QPX:Germany PXT:Canada

Address

2700 Eighth Avenue Place, West Tower, 585 - 8th Avenue SW, Calgary, AB, CAN, T2P 1G1

Website

https://www.parexresources.com

Parex Resources Inc engages in exploration, development, and production of crude oil. The company brings technology utilized in the Western Canada Sedimentary Basin to South American basins with large oil-in-place potential. Majority of the company's properties are focused in Colombia, where it pays a royalty or tax to the government for its operations. Parex depends on a team of geologists and geophysicists, in partnership with technologies such as 3D seismic surveying, to help exploration efforts. Oil production is sold to a small basket of participants in South and North America.