GSPE (Gulfslope Energy) Total Current Liabilities: $14.71 Mil (As of Jun. 2023)


What is Gulfslope Energy Total Current Liabilities?

Gulfslope Energy GSPE -99.00% Total Current Liabilities is $14.71 Mil as of Jun. 2023.

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. Gulfslope Energy's total current liabilities for the quarter that ended in Jun. 2023 was $14.71

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Aggressive banks (like Bank of America) has $2.09 short term for every dollar long term

Gulfslope Energy Total Current Liabilities Related Terms

Gulfslope Energy Total Current Liabilities Historical Data

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The historical data trend for Gulfslope 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.

Gulfslope Energy Total Current Liabilities Chart

Gulfslope Energy Annual Data
Trend Sep13 Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22
Total Current Liabilities
Get a 7-Day Free Trial Premium Member Only Premium Member Only 24.48 31.11 13.97 13.64 13.99

Gulfslope Energy Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
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 13.92 13.99 14.29 14.67 14.71

Gulfslope 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.

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

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=4.079+8.953
+Other Current Liabilities+Current Deferred Liabilities
=0.959+0
=13.99

Gulfslope Energy's Total Current Liabilities for the quarter that ended in Jun. 2023 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=4.559+9.222
+Other Current Liabilities+Current Deferred Liabilities
=0.933+0
=14.71

* 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 $14.71 Mil mean?
Gulfslope Energy (GSPE) has a Total Current Liabilities of $14.71 Mil as of Jun. 2023. The total amount of liabilities with maturity less than one year as recorded on a company's balance sheet. View historical data for Gulfslope Energy and its competitors.
Is Gulfslope Energy's Total Current Liabilities too high?
Gulfslope Energy's current Total Current Liabilities is $14.71 Mil.
How does Gulfslope Energy's Total Current Liabilities compare to FECOF and AMNI?
Gulfslope Energy's Total Current Liabilities of $14.71 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 Gulfslope Energy and its competitors. Gulfslope Energy's current Total Current Liabilities is $14.71 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gulfslope Energy stock overvalued right now?
Gulfslope Energy (GSPE) has a current Total Current Liabilities of $14.71 Mil. The current Total Current Liabilities is $14.71 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 Gulfslope Energy (GSPE), the current Total Current Liabilities is $14.71 Mil as of Jun. 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.

Gulfslope Energy Business Description

Industry EnergyOil & Gas
Address 1000 Main Street, Suite 2300, Houston, TX, USA, 77002
Gulfslope Energy Inc is a part of the oil and gas markets. It is a crude oil and natural gas exploration and production company. The company's activities are focused on the shelf area of the Gulf of Mexico. It is focused on identifying and acquiring oil and gas prospects. It has licensed three-dimensional seismic data and has evaluated this data using interpretation technologies.