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OILCF (Permex Petroleum) Total Current Liabilities : $7.87 Mil (As of Mar. 2025)


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What is Permex Petroleum Total Current Liabilities?

Total current liabilities includes Accounts Payable & Accrued Expense, Short-Term Debt & Capital Lease Obligation, Other Current Liabilities, and Current Deferred Liabilities. Permex Petroleum's total current liabilities for the quarter that ended in Mar. 2025 was $7.87

Permex Petroleum Total Current Liabilities Historical Data

The historical data trend for Permex 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.

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Permex Petroleum Total Current Liabilities Chart

Permex Petroleum Annual Data
Trend Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24
Total Current Liabilities
Get a 7-Day Free Trial 2.75 0.55 1.70 3.43 7.56

Permex Petroleum Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 4.27 5.03 7.56 6.80 7.87

Permex 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.

Permex Petroleum's Total Current Liabilities for the fiscal year that ended in Sep. 2024 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=3.787+3.776
+Other Current Liabilities+Current Deferred Liabilities
=0+0
=7.56

Permex Petroleum's Total Current Liabilities for the quarter that ended in Mar. 2025 is calculated as

Total Current Liabilities=Accounts Payable & Accrued Expense+Short-Term Debt & Capital Lease Obligation
=4.543+3.329
+Other Current Liabilities+Current Deferred Liabilities
=0+0
=7.87

* 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

Permex Petroleum Total Current Liabilities Related Terms

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Permex Petroleum Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Permex Petroleum Corp (OTCPK:OILCF) » Definitions » Total Current Liabilities
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Traded in Other Exchanges
OIL:Canada
Address
666 Burrard Street, Suite 500, Vancouver, BC, CAN, V6C 2X8
Website
https://www.permexpetroleum.com
Permex Petroleum Corp is a junior oil and gas company with assets and operations across the Permian Basin of West Texas and the Delaware SubBasin of New Mexico. The company through its wholly-owned subsidiary, Permex Petroleum U.S. Corporation owns and operates on private, state, and federal land. The company has a single reportable segment which is acquisition, development, and production of oil and gas properties in the United States.
Executives
Lendrum John J Iii director, 10 percent owner 11999 KATY FREEWAY, SUITE 560, HOUSTON TX 77079
James Perry Bryan director, 10 percent owner 100 CRESCENT COURT, SUITE 700, DALLAS TX 75201
Mehran Ehsan director, officer: CEO, President 100 CRESCENT COURT, SUITE 700, DALLAS TX 75201
Gregory Montgomery director, officer: Chief Financial Officer 100 CRESCENT COURT, SUITE 700, DALLAS TX 75201
Douglas Charles Urch director 100 CRESCENT COURT, SUITE 700, DALLAS TX 75201
Whelan Barry Leslie Francis director, officer: Chief Operating Officer 100 CRESCENT COURT, SUITE 700, DALLAS TX 75201
Scott Sheldon Kelly director 100 CRESCENT COURT, SUITE 700, DALLAS TX 75201
Melissa Folz director 2911 TURTLE CREEK BLVD, SUITE 925, DALLAS TX 75219