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GDPCW (Goodrich Petroleum) Total Current Liabilities : $140.02 Mil (As of Sep. 2021)


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What is Goodrich Petroleum Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. Goodrich Petroleum's total current liabilities for the quarter that ended in Sep. 2021 was $140.02

Goodrich Petroleum Total Current Liabilities Historical Data

The historical data trend for Goodrich Petroleum'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.

Goodrich Petroleum Total Current Liabilities Chart

Goodrich Petroleum Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Total Current Liabilities
Get a 7-Day Free Trial Premium Member Only Premium Member Only 18.27 36.28 42.25 42.96 41.95

Goodrich Petroleum Quarterly Data
Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21
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 47.29 41.95 52.72 71.91 140.02

Goodrich Petroleum Total Current Liabilities Calculation

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

Goodrich Petroleum's Total Current Liabilities for the fiscal year that ended in Dec. 2020 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=38.744+1.933
+Other Current Liabilities+Current Deferred Liabilities
=1.274+0
=41.95

Goodrich Petroleum's Total Current Liabilities for the quarter that ended in Sep. 2021 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=50.333+1.548
+Other Current Liabilities+Current Deferred Liabilities
=88.138+0
=140.02

* 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

Goodrich Petroleum Total Current Liabilities Related Terms

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Goodrich Petroleum Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Goodrich Petroleum Corp (OTCPK:GDPCW) » Definitions » Total Current Liabilities
Comparable Companies
Traded in Other Exchanges
N/A
Address
801 Louisiana Street, Suite 700, Houston, TX, USA, 77002
Website
http://www.goodrichpetroleum.com
Goodrich Petroleum Corp is an independent oil and gas producer in the United States. The company operates in the Tuscaloosa Marine Shale region, with minor operations in the Eagle Ford and Haynesville shales. The vast majority of exploitation and development efforts on natural gas are carried out in the core of the Haynesville Shale in North Louisiana.
Executives
Jeffrey Serota director 123 ROBERT S. KERR AVENUE, OKLAHOMA CITY OK 73120
Kristen Mcwatters officer: Sr. Vice President, CFO & CAO 801 LOUISIANA, SUITE 700, HOUSTON TX 77002
Edward J. Sondey director 801 LOUISIANA, SUITE 700, HOUSTON TX 77002
Kenneth Adam Leight director 801 LOUISIANA, SUITE 700, HOUSTON TX 77002
Thomas M Souers director 801 LOUISIANA, SUITE 700, HOUSTON TX 77002
Ronald F Coleman director 4601 WESTWAY PARK BOULEVARD, HOUSTON TX 77041
Timothy D Leuliette director P.O. BOX 701482, PLYMOUTH MI 48170
Paloma Partners Vi Holdings, Llc 10 percent owner 1100 LOUISIANA STREET, SUITE 5100, HOUSTON TX 77002
Encap Partners Gp, Llc 10 percent owner 9651 KATY FREEWAY, SUITE 600, HOUSTON TX 77024
Paloma Vi Merger Sub, Inc. 10 percent owner 1100 LOUISIANA STREET, SUITE 5100, HOUSTON TX 77002
Encap Energy Capital Fund Xi, L.p. 10 percent owner 9651 KATY FREEWAY, SUITE 600, HOUSTON TX 77024
Lsp Generation Iv, Llc 10 percent owner 1700 BROADWAY, FLOOR 35, NEW YORK X1 10019
Lsp Investment Advisors, Llc 10 percent owner 1700 BROADWAY, FL. 35, NEW YORK NY 10019
Gen Iv Investment Opportunities, Llc 10 percent owner 1700 BROADWAY, 35TH FLOOR, NEW YORK NY 10019
J.p. Morgan Securities Llc 10 percent owner 383 MADISON AVENUE, NEW YORK NY 10179