VELXQ (Canadian Overseas Petroleum) Other Long-Term Liabilities: $13.53 Mil (As of Sep. 2023)

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What is Canadian Overseas Petroleum Other Long-Term Liabilities?

Canadian Overseas Petroleum VELXQ -99.67% Other Long-Term Liabilities is $13.53 Mil as of Sep. 2023.

Canadian Overseas Petroleum's other long-term liabilities for the quarter that ended in Sep. 2023 was $13.53 Mil.

Canadian Overseas Petroleum's quarterly other long-term liabilities declined from Mar. 2023 ($21.54 Mil) to Jun. 2023 ($13.41 Mil) but then increased from Jun. 2023 ($13.41 Mil) to Sep. 2023 ($13.53 Mil).

Canadian Overseas Petroleum's annual other long-term liabilities increased from Dec. 2020 ($-0.00 Mil) to Dec. 2021 ($8.19 Mil) and increased from Dec. 2021 ($8.19 Mil) to Dec. 2022 ($28.98 Mil).

Canadian Overseas Petroleum Other Long-Term Liabilities Related Terms

Canadian Overseas Petroleum Other Long-Term Liabilities Historical Data

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The historical data trend for Canadian Overseas Petroleum's Other Long-Term 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.

Canadian Overseas Petroleum Other Long-Term Liabilities Chart

Canadian Overseas Petroleum Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Other Long-Term Liabilities
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 -0.00 8.19 28.98

Canadian Overseas Petroleum Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Other Long-Term 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 14.42 28.98 21.54 13.41 13.53

Canadian Overseas Petroleum Other Long-Term Liabilities Calculation

Other Long-Term Liabilities are the other liabilities on the balance sheet that do not need to be repaid within the next 12 months, but still need to be repaid over time. For instance, on Wal-Mart's balance sheet, there are items called Long Term obligations under capital leases, deferred income taxes, and redeemable non-controlling interest. These are all Other Long-Term Liabilities.

What does a Other Long-Term Liabilities of $13.53 Mil mean?
Canadian Overseas Petroleum (VELXQ) has a Other Long-Term Liabilities of $13.53 Mil as of Sep. 2023. Other long-term liabilities as record on a company's balance sheet not categorized as standard liabilities. View historical data on Canadian Overseas Petroleum and its competitors.
Is Canadian Overseas Petroleum's Other Long-Term Liabilities too high?
Canadian Overseas Petroleum's current Other Long-Term Liabilities is $13.53 Mil.
How does Canadian Overseas Petroleum's Other Long-Term Liabilities compare to COP and EOG?
Canadian Overseas Petroleum's Other Long-Term Liabilities of $13.53 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 Other Long-Term Liabilities for an Oil & Gas company?
A good Other Long-Term Liabilities depends on the Oil & Gas industry context. However, Other Long-Term Liabilities 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 Other Long-Term Liabilities mean?
A high Other Long-Term Liabilities can signal that a stock is expensive relative to its fundamentals. Other long-term liabilities as record on a company's balance sheet not categorized as standard liabilities. View historical data on Canadian Overseas Petroleum and its competitors. Canadian Overseas Petroleum's current Other Long-Term Liabilities is $13.53 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Canadian Overseas Petroleum stock overvalued right now?
Canadian Overseas Petroleum (VELXQ) has a current Other Long-Term Liabilities of $13.53 Mil. The current Other Long-Term Liabilities is $13.53 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Other Long-Term Liabilities calculated?
Other Long-Term Liabilities is calculated from a company's financial statements. For Canadian Overseas Petroleum (VELXQ), the current Other Long-Term Liabilities is $13.53 Mil as of Sep. 2023. 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.

Canadian Overseas Petroleum Business Description

Industry EnergyOil & Gas
Address 715 - 5th Avenue South West, Suite 3200, Calgary, AB, CAN, T2P 2X6
Canadian Overseas Petroleum Ltd is an international oil and gas exploration, development and production company pursuing opportunities in the United States with operations in Converse County Wyoming, and in sub-Saharan Africa and independently in other countries. The company's Wyoming operations are environmentally responsible with minimal gas flaring and methane emissions combined with electricity sourced from a neighboring wind farm to power production facilities.