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GXRFF (Prospera Energy) Total Current Liabilities : $13.15 Mil (As of Sep. 2024)


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What is Prospera 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. Prospera Energy's total current liabilities for the quarter that ended in Sep. 2024 was $13.15


Prospera Energy Total Current Liabilities Historical Data

The historical data trend for Prospera 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.

Prospera Energy Total Current Liabilities Chart

Prospera Energy Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Current Liabilities
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.97 9.75 6.82 14.17 16.33

Prospera Energy Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 12.56 16.33 16.23 14.03 13.15

Prospera 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.

Prospera Energy's Total Current Liabilities for the fiscal year that ended in Dec. 2023 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=16.087+0.221
+Other Current Liabilities+Current Deferred Liabilities
=0.012+0.011
=16.33

Prospera Energy's Total Current Liabilities for the quarter that ended in Sep. 2024 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=12.974+0.179
+Other Current Liabilities+Current Deferred Liabilities
=-0.0010000000000012+0
=13.15

* 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


Prospera Energy Total Current Liabilities Related Terms

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Prospera Energy Business Description

Traded in Other Exchanges
Address
444 - 7th Avenue SW, Suite 730, Calgary, AB, CAN, T2P 0X8
Prospera Energy Inc is engaged in the exploration, development, and production of petroleum and natural gas properties in Canada. The company derives revenue from the sales of Petroleum and Natural gas, of which key revenue is derived from the sale of Petroleum. Some of its properties include Red Earth, Pouce Coupe, Luseland, Cuthbert, and Hearts Hill.

Prospera Energy Headlines

From GuruFocus

Prospera Announces Debenture Private Placement

By ACCESSWIRE ACCESSWIRE 05-29-2021

Prospera Provides Status Update

By GlobeNewswire 05-10-2024

Prospera Announces Late Filing of Annual Financial Disclosure

By ACCESSWIRE ACCESSWIRE 04-30-2021

Prospera Provides Annual Filing Status Update

By GlobeNewswire 05-24-2024

Prospera Energy Inc. Announces Summary of the Private Placement

By ACCESSWIRE ACCESSWIRE 05-26-2021

Prospera Energy Inc. Announces the Launch of New Website

By ACCESSWIRE ACCESSWIRE 11-24-2021

Prospera Provides Status Update

By GlobeNewswire GlobeNewswire 05-13-2023

Prospera Energy Inc. Corporate Update

By GlobeNewswire GlobeNewswire 04-28-2022