Sirius Petroleum (LSE:SRSP) Total Current Liabilities: £8.17 Mil (As of Jun. 2018)


What is Sirius Petroleum Total Current Liabilities?

Sirius Petroleum LSE:SRSP Total Current Liabilities is £8.17 Mil as of Jun. 2018. The stock has 4 warning signs investors should review.

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. Sirius Petroleum's total current liabilities for the quarter that ended in Jun. 2018 was £8.17

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

Sirius Petroleum Total Current Liabilities Related Terms

Sirius Petroleum Total Current Liabilities Historical Data

* Premium members only.

The historical data trend for Sirius Petroleum'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.

Sirius Petroleum Total Current Liabilities Chart

Sirius Petroleum Annual Data
Trend Jul08 Jul09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Total Current Liabilities
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.58 2.18 2.74 4.44 4.90

Sirius Petroleum Semi-Annual Data
Jan08 Jul08 Jan09 Jul09 Jan10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18
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 2.98 4.44 4.46 4.90 8.17

Sirius Petroleum Total Current Liabilities Calculation

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

Sirius Petroleum's Total Current Liabilities for the fiscal year that ended in Dec. 2017 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=3.657+0.251
+Other Current Liabilities+Current Deferred Liabilities
=0.995+0
=4.90

Sirius Petroleum's Total Current Liabilities for the quarter that ended in Jun. 2018 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=7.167+0.247
+Other Current Liabilities+Current Deferred Liabilities
=0.756+0
=8.17

* 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 £8.17 Mil mean?
Sirius Petroleum (LSE:SRSP) has a Total Current Liabilities of £8.17 Mil as of Jun. 2018. The total amount of liabilities with maturity less than one year as recorded on a company's balance sheet. View historical data for Sirius Petroleum and its competitors.
Is Sirius Petroleum's Total Current Liabilities too high?
Sirius Petroleum's current Total Current Liabilities is £8.17 Mil.
How does Sirius Petroleum's Total Current Liabilities compare to WHZT and GSPE?
Sirius Petroleum's Total Current Liabilities of £8.17 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 Sirius Petroleum and its competitors. Sirius Petroleum's current Total Current Liabilities is £8.17 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sirius Petroleum stock overvalued right now?
Sirius Petroleum (LSE:SRSP) has a current Total Current Liabilities of £8.17 Mil. The current Total Current Liabilities is £8.17 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 Sirius Petroleum (LSE:SRSP), the current Total Current Liabilities is £8.17 Mil as of Jun. 2018. 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.

Sirius Petroleum Business Description

Industry EnergyOil & Gas
Address 25 Bury Street, 1st Floor, London, GBR, SW1Y 6AL
Sirius Petroleum PLC is an independent oil development company. It focuses on opportunities in the oil and gas sector with particular emphasis in Nigeria. The company acquires and develops offshore proven oil discoveries in Nigeria that have beneficial indigenous tax regimes. The company has only one operating segment: Oil Extraction and Related Activities.