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Discovery Energy (Discovery Energy) Total Current Liabilities : $6.39 Mil (As of Feb. 2022)


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What is Discovery Energy Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. Discovery Energy's total current liabilities for the quarter that ended in Feb. 2022 was $6.39

Discovery Energy Total Current Liabilities Historical Data

The historical data trend for Discovery 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.

* Premium members only.

Discovery Energy Total Current Liabilities Chart

Discovery Energy Annual Data
Trend Feb13 Feb14 Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22
Total Current Liabilities
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.84 1.56 3.04 4.60 6.39

Discovery Energy Quarterly Data
May17 Aug17 Nov17 Feb18 May18 Aug18 Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22
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 4.60 5.14 5.51 5.95 6.39

Discovery 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.

Discovery Energy's Total Current Liabilities for the fiscal year that ended in Feb. 2022 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=6.387+0.004
+Other Current Liabilities+Current Deferred Liabilities
=8.8817841970013E-16+0
=6.39

Discovery Energy's Total Current Liabilities for the quarter that ended in Feb. 2022 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=6.387+0.004
+Other Current Liabilities+Current Deferred Liabilities
=8.8817841970013E-16+0
=6.39

* 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

Discovery Energy Total Current Liabilities Related Terms

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Discovery Energy (Discovery Energy) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Discovery Energy Corp (OTCPK:DENR) » Definitions » Total Current Liabilities
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Traded in Other Exchanges
N/A
Address
One Riverway Drive, Suite 1700, Houston, TX, USA, 77056
Website
https://www.discoveryenergy.com
Discovery Energy Corp is an exploration-stage company. It is mainly engaged into exploration, development, production, oil and energy projects. The exploration properties of the company include Cooper and Eromanga Basins in the State of South Australia. The Cooper basin is divided into several depo-centers by faulted anticlinal trends whereas the Eromanga basin is developed as interior sag over the central and eastern region of Australia.
Executives
Keith J Mckenzie director, 10 percent owner, officer: CEO SUITE 1807-610 GRANVILLE STREET VANCOUVER A1 V6C-3T3
Steven A Webster 10 percent owner 500 DALLAS STREET, SUITE 2300, HOUSTON TX 77002
Keith D Spickelmier 10 percent owner
Michael D Dahlke officer: President & COO ONE RIVERWAY DRIVE SUITE 1700 HOUSTON TX 77056
Dec Funding Llc 10 percent owner 1000 LOUISIANA STREET SUITE 3700 HOUSTON TX 77002
William E Begley officer: CFO ONE RIVERWAY DRIVE, SUITE1700, HOUSTON TX 77056
Richard Bruce Pierce director, 10 percent owner, officer: President, Secretary-Treasurer 11450 - 201A STREET MAPLE RIDGE A1 V2X 0Y4
Andrew Lee Smith director, 10 percent owner SUITE 500 - 602 WEST HASTINGS STREET VANCOUVER A1 V6B 1P2
Shih-yi Chuang director, 10 percent owner 11 CHUNG-HSING ROAD, NEI-PU VILLAGE CHU-CHI SHIANG CHA-Y F5 00000

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