LNGNF (LNG Energy Group) Total Current Liabilities: $86.80 Mil (As of Sep. 2024)


What is LNG Energy Group Total Current Liabilities?

LNG Energy Group LNGNF -99.99% Total Current Liabilities is $86.80 Mil as of Sep. 2024.

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. LNG Energy Group's total current liabilities for the quarter that ended in Sep. 2024 was $86.80

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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

LNG Energy Group Total Current Liabilities Related Terms

LNG Energy Group Total Current Liabilities Historical Data

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The historical data trend for LNG Energy Group'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.

LNG Energy Group Total Current Liabilities Chart

LNG Energy Group Annual Data
Trend May22 May23
Total Current Liabilities
1.49 0.19

LNG Energy Group Quarterly Data
May22 Aug22 Dec22 Mar23 Jul23 Dec23 Mar24 Sep24
Total Current Liabilities Get a 7-Day Free Trial 0.79 0.06 81.20 83.16 86.80

LNG Energy Group Total Current Liabilities Calculation

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

LNG Energy Group's Total Current Liabilities for the fiscal year that ended in May. 2023 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=0.188+0
+Other Current Liabilities+Current Deferred Liabilities
=0+0
=0.19

LNG Energy Group'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
=25.439+17.832
+Other Current Liabilities+Current Deferred Liabilities
=36.04+7.49
=86.80

* 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 $86.80 Mil mean?
LNG Energy Group (LNGNF) has a Total Current Liabilities of $86.80 Mil as of Sep. 2024. The total amount of liabilities with maturity less than one year as recorded on a company's balance sheet. View historical data for LNG Energy Group and its competitors.
Is LNG Energy Group's Total Current Liabilities too high?
LNG Energy Group's current Total Current Liabilities is $86.80 Mil.
How does LNG Energy Group's Total Current Liabilities compare to ALTX and CRCE?
LNG Energy Group's Total Current Liabilities of $86.80 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 LNG Energy Group and its competitors. LNG Energy Group's current Total Current Liabilities is $86.80 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is LNG Energy Group stock overvalued right now?
LNG Energy Group (LNGNF) has a current Total Current Liabilities of $86.80 Mil. The current Total Current Liabilities is $86.80 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 LNG Energy Group (LNGNF), the current Total Current Liabilities is $86.80 Mil as of Sep. 2024. 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.

LNG Energy Group Business Description

Industry EnergyOil & Gas
Address 40 Temperance Street, Suite 3200, Bay Adelaide Centre - North Tower, Toronto, ON, CAN, M5H 0B4
LNG Energy Group Corp is a production, exploration and development company focused on natural gas projects in South America. LNG Energy has entered into a binding agreement with respect to the purchase of 100% of LEC and will own and operate the SSJN-1 Block, the SSJN-3-1 Block, the Perdices Block, the VIM-41 Block, and the VIM-42 Block. The company's business objective is to build a diversified energy company in South America and is currently focused on Colombia.