PQEFF (Petroteq Energy) Current Deferred Revenue: $0.28 Mil (As of May. 2022)

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What is Petroteq Energy Current Deferred Revenue?

Petroteq Energy PQEFF -90.00% Current Deferred Revenue is $0.28 Mil as of May. 2022.

Current Deferred Revenue represents collections of cash or other assets related to revenue producing activity for which revenue has not yet been recognized. Generally, an entity records deferred revenue when it receives consideration from a customer before achieving certain criteria that must be met for revenue to be recognized in conformity with GAAP. It can be either current or non-current item. Also called unearned revenue.

Petroteq Energy's current deferred revenue for the quarter that ended in May. 2022 was $0.28 Mil.

Petroteq Energy Current Deferred Revenue Related Terms

Petroteq Energy Current Deferred Revenue Historical Data

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The historical data trend for Petroteq Energy's Current Deferred Revenue 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.

Petroteq Energy Current Deferred Revenue Chart

Petroteq Energy Annual Data
Trend Aug12 Aug13 Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21
Current Deferred Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.28 0.28 0.28 0.28 0.28

Petroteq Energy Quarterly Data
Aug17 Nov17 Feb18 May18 Aug18 Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22
Current Deferred Revenue 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 0.28 0.28 0.28 0.28 0.28
What does a Current Deferred Revenue of $0.28 Mil mean?
Petroteq Energy (PQEFF) has a Current Deferred Revenue of $0.28 Mil as of May. 2022. Current Deferred Revenue records the total amount of cash received for unfinished services. View historical data on Petroteq Energy and its competitors.
Is Petroteq Energy's Current Deferred Revenue too high?
Petroteq Energy's current Current Deferred Revenue is $0.28 Mil.
How does Petroteq Energy's Current Deferred Revenue compare to MMEX and SPOWF?
Petroteq Energy's Current Deferred Revenue of $0.28 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 Current Deferred Revenue for an Oil & Gas company?
A good Current Deferred Revenue depends on the Oil & Gas industry context. However, Current Deferred Revenue 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 Current Deferred Revenue mean?
A high Current Deferred Revenue can signal that a stock is expensive relative to its fundamentals. Current Deferred Revenue records the total amount of cash received for unfinished services. View historical data on Petroteq Energy and its competitors. Petroteq Energy's current Current Deferred Revenue is $0.28 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Petroteq Energy stock overvalued right now?
Petroteq Energy (PQEFF) has a current Current Deferred Revenue of $0.28 Mil. The current Current Deferred Revenue is $0.28 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Current Deferred Revenue calculated?
Current Deferred Revenue is calculated from a company's financial statements. For Petroteq Energy (PQEFF), the current Current Deferred Revenue is $0.28 Mil as of May. 2022. 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.

Petroteq Energy Business Description

Industry EnergyOil & Gas
Address 15315 W. Magnolia Boulevard, Suite 120, Sherman Oaks, CA, USA, 91403
Petroteq Energy Inc is a fully integrated oil and gas company focused on the development and implementation of new proprietary technology for oil extraction. The company operated in two reportable segments being Oil Extraction and Processing Operations and Mining Operations. It generates revenue from the sale of hydrocarbon.