AKVA (Arkanova Energy) Total Current Liabilities: $4.05 Mil (As of Sep. 2016)

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What is Arkanova Energy Total Current Liabilities?

Arkanova Energy AKVA -99.00% Total Current Liabilities is $4.05 Mil as of Sep. 2016.

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. Arkanova Energy's total current liabilities for the quarter that ended in Sep. 2016 was $4.05

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

Arkanova Energy Total Current Liabilities Related Terms

Arkanova Energy Total Current Liabilities Historical Data

* Premium members only.

The historical data trend for Arkanova Energy'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.

Arkanova Energy Total Current Liabilities Chart

Arkanova Energy Annual Data
Trend Sep07 Sep08 Sep09 Sep10 Sep11 Sep12 Sep13 Sep14 Sep15 Sep16
Total Current Liabilities
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.10 11.34 2.11 3.44 4.05

Arkanova Energy Quarterly Data
Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16
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 3.44 18.37 18.54 18.80 4.05

Arkanova Energy Total Current Liabilities Calculation

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

Arkanova Energy's Total Current Liabilities for the fiscal year that ended in Sep. 2016 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=4.021+0.016
+Other Current Liabilities+Current Deferred Liabilities
=0.0090000000000003+0
=4.05

Arkanova Energy's Total Current Liabilities for the quarter that ended in Sep. 2016 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=4.021+0.016
+Other Current Liabilities+Current Deferred Liabilities
=0.0090000000000003+0
=4.05

* 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.

What does a Total Current Liabilities of $4.05 Mil mean?
Arkanova Energy (AKVA) has a Total Current Liabilities of $4.05 Mil as of Sep. 2016. The total amount of liabilities with maturity less than one year as recorded on a company's balance sheet. View historical data for Arkanova Energy and its competitors.
Is Arkanova Energy's Total Current Liabilities too high?
Arkanova Energy's current Total Current Liabilities is $4.05 Mil.
How does Arkanova Energy's Total Current Liabilities compare to EUENF and ATLS?
Arkanova Energy's Total Current Liabilities of $4.05 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 Total Current Liabilities for an Oil & Gas company?
A good Total Current Liabilities depends on the Oil & Gas industry context. However, Total Current 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 Total Current Liabilities mean?
A high Total Current Liabilities can signal that a stock is expensive relative to its fundamentals. The total amount of liabilities with maturity less than one year as recorded on a company's balance sheet. View historical data for Arkanova Energy and its competitors. Arkanova Energy's current Total Current Liabilities is $4.05 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Arkanova Energy stock overvalued right now?
Arkanova Energy (AKVA) has a current Total Current Liabilities of $4.05 Mil. The current Total Current Liabilities is $4.05 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Current Liabilities calculated?
Total Current Liabilities is calculated from a company's financial statements. For Arkanova Energy (AKVA), the current Total Current Liabilities is $4.05 Mil as of Sep. 2016. 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.

Arkanova Energy Business Description

Industry EnergyOil & Gas
Address 3809 Juniper Trace, Suite 201, Austin, TX, USA, 78738
Arkanova Energy Corp is a junior producing oil and gas company. The company is engaged in the acquisition, exploration, and development of prospective oil and gas properties. The company holds mineral leases in leasehold interests located in Pondera and Glacier Counties, Montana. Its subsidiaries include Arkanova Acquisition Corporation, Prism Corporation and Provident Energy of Montana, LLC.