GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Harbour Energy PLC (LSE:HBR) » Definitions » Total Current Liabilities

Harbour Energy (LSE:HBR) Total Current Liabilities : £1,600 Mil (As of Jun. 2024)


View and export this data going back to 2021. Start your Free Trial

What is Harbour 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. Harbour Energy's total current liabilities for the quarter that ended in Jun. 2024 was £1,600


Harbour Energy Total Current Liabilities Historical Data

The historical data trend for Harbour 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.

Harbour Energy Total Current Liabilities Chart

Harbour Energy Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Total Current Liabilities
773.46 3,085.16 3,362.82 1,747.48

Harbour Energy Semi-Annual Data
Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Total Current Liabilities Get a 7-Day Free Trial Premium Member Only 4,862.09 3,362.82 2,364.12 1,747.48 1,600.30

Harbour 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.

Harbour 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
=529.3+169.85
+Other Current Liabilities+Current Deferred Liabilities
=1048.33+0
=1,747

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

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=1113.762+201.216
+Other Current Liabilities+Current Deferred Liabilities
=285.318+0
=1,600

* 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


Harbour Energy Total Current Liabilities Related Terms

Thank you for viewing the detailed overview of Harbour Energy's Total Current Liabilities provided by GuruFocus.com. Please click on the following links to see related term pages.


Harbour Energy Business Description

Industry
Traded in Other Exchanges
Address
23 Lower Belgrave Street, London, GBR, SW1W ONR
Harbour Energy PLC is an independent oil and gas company, producing over 200,000 barrels of oil equivalent per day from the North Sea and South East Asia. It has a lower carbon intensity than the average UK oil and gas producer.

Harbour Energy Headlines

No Headlines