Europa Oil & Gas (Holdings) (LSE:EOG) Total Current Liabilities: £1.39 Mil (As of Jul. 2024)


What is Europa Oil & Gas (Holdings) Total Current Liabilities?

Europa Oil & Gas (Holdings) LSE:EOG Total Current Liabilities is £1.39 Mil as of Jul. 2024.

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. Europa Oil & Gas (Holdings)'s total current liabilities for the quarter that ended in Jul. 2024 was £1.39

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

Europa Oil & Gas (Holdings) Total Current Liabilities Related Terms

Europa Oil & Gas (Holdings) Total Current Liabilities Historical Data

* Premium members only.

The historical data trend for Europa Oil & Gas (Holdings)'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.

Europa Oil & Gas (Holdings) Total Current Liabilities Chart

Europa Oil & Gas (Holdings) Annual Data
Trend Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24
Total Current Liabilities
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.02 1.57 1.61 0.78 1.39

Europa Oil & Gas (Holdings) Semi-Annual Data
Jan15 Jul15 Jan16 Jul16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24 Jul24
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 1.61 1.60 0.78 3.03 1.39

Europa Oil & Gas (Holdings) Total Current Liabilities Calculation

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

Europa Oil & Gas (Holdings)'s Total Current Liabilities for the fiscal year that ended in Jul. 2024 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=1.381+0.006
+Other Current Liabilities+Current Deferred Liabilities
=0+0
=1.39

Europa Oil & Gas (Holdings)'s Total Current Liabilities for the quarter that ended in Jul. 2024 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=1.381+0.006
+Other Current Liabilities+Current Deferred Liabilities
=0+0
=1.39

* 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.

What does a Total Current Liabilities of £1.39 Mil mean?
Europa Oil & Gas (Holdings) (LSE:EOG) has a Total Current Liabilities of £1.39 Mil as of Jul. 2024. The total amount of liabilities with maturity less than one year as recorded on a company's balance sheet. View historical data for Europa Oil & Gas (Holdings) and its competitors.
Is Europa Oil & Gas (Holdings)'s Total Current Liabilities too high?
Europa Oil & Gas (Holdings)'s current Total Current Liabilities is £1.39 Mil.
How does Europa Oil & Gas (Holdings)'s Total Current Liabilities compare to COP and EOG?
Europa Oil & Gas (Holdings)'s Total Current Liabilities of £1.39 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 Europa Oil & Gas (Holdings) and its competitors. Europa Oil & Gas (Holdings)'s current Total Current Liabilities is £1.39 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Europa Oil & Gas (Holdings) stock overvalued right now?
Europa Oil & Gas (Holdings) (LSE:EOG) has a current Total Current Liabilities of £1.39 Mil. The current Total Current Liabilities is £1.39 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 Europa Oil & Gas (Holdings) (LSE:EOG), the current Total Current Liabilities is £1.39 Mil as of Jul. 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.

Europa Oil & Gas (Holdings) Business Description

Industry EnergyOil & Gas
Address 54 Charlotte Street, London, GBR, W1T 2NS
Europa Oil & Gas (Holdings) PLC is an oil and gas exploration, development, and production company. It is focused on developing a balanced portfolio of assets in the North Sea, Atlantic Ireland, and West Africa, supported by revenue from onshore oil production in the United Kingdom. The company holds interests in the Broughton North prospect, West Firsby and Crosby Warren fields, Wressle-1 well, and Whisby W4 well. In the Irish Atlantic region, it considers the Inishkea prospect in the Slyne basin and near the Corrib gasfield as its flagship project in Ireland. The company has also acquired interest in the Block EG-08 offshore in the Douala Basin of Equatorial Guinea. Its reportable segments are the United Kingdom which derives key revenue, Ireland, and West Africa.